Home Owners Association

Membership
Owners of lots within Timber Banks are automatically members of the Timber Banks Homeowners Association (HOA).  Members are obligated to pay their membership fees as required.
 
Members are encouraged to participate in the HOA process and may, from time to time, vote on issues related to the HOA.  The HOA Board will regularly schedule meetings for members, and provide notice of any issue requiring a vote of HOA Members.

Services
The Timber Banks Homeowners Association (HOA) will provide two distinct levels of service for Members of the HOA. 
 
Some general services that will be provided for the benefit of all Members include the following:

  • Sidewalk Plowing
  • Driveway Plowing
  • Refuse collection
  • Landscape maintenance of common areas
  • Maintenance of entrance features
  • Lighting / electricity for entrance features
  • Common area real estate taxes
  • Insurance for common areas

Members who own shared wall units such as townhomes, live/work units, duplexes or triplexes will receive higher service levels for the following additional services:

  • Private (non-public) street plowing
  •  Mowing of private property lots
  • Mulching trees on private property lots
  • Spring / Fall flower bed cleanup on private property lots
  • Much plant beds on private property lots
  • Lawn fertilization on private property lots

Please consult with the Offering Plan for a full list of services and fees associated with Membership.  Monthly fees for Membership in the Timber Banks Homeowners Association (HOA)is subject to annual change.  Membership fees for 2008 are as follows:

Standard Service Level Member:  $105 per month
Elevated Service Level Member:  $160 per month

Offering Plan
An Offering Plan is a legal document filed by the Project Sponsor with the Office of the New York State Attorney General, Investment Protection Bureau.  In the case of Timber Banks, the Project Sponsor is The Timbers, LLC.   FILING WITH THE OFFICE OF THE ATTORNEY GENERAL DOES NOT MEAN THAT THE DEPARTMENT OR ANY OTHER GOVERNMENT AGENCY HAS APPROVED THE OFFERING PLAN.
 
The Offering Plan is the framework by which the Homeowner’s Association (HOA) will operate.  Among other things, the Offering Plan describes the duties and responsibilities of the HOA, services provided by the HOA to property owners, HOA budgets, voting rights of members, fees for services, and estimated membership fees.
 
The Offering Plan also contains other important information such as Covenants and Restrictions that may be placed upon real property located in Timber Banks.   These covenants and restrictions help to maintain the long term enjoyment, attractiveness and property values of Timber Banks for all property owners.
 
It is strongly recommended that you read and review the Offering Plan with your attorney prior to purchasing a lot within Timber Banks.
 
You can download a copy of the Offering Plan here: [Link to PDF Download]