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Board of Directors

Members of the board of directors of Lakewood Condo 3 serve without compensation.   They see it as an opportunity to serve their fellow neighbors while protecting and enhancing the assets of the community. The members of the board aim to always act in good faith and in the best interests of the members of the entire association.

 

The goals of the Board of Directors are:

  • To promote unity within the community of Lakewood Condo 3

  • To protect property value by preserving the integrity of the building(s) and maintaining common areas

  • To effectively and efficiently manage and operate the association's business affairs in accordance with standards established by the governing documents created when the community was first developed and any amendments thereto.

  • To help make Lakewood Condo 3 one of the best places to live in Richton Park!

Board Officers

Debra Thorne, Board President

Ms. Thorne has been a resident of Lakewood Condo 3 since xxxx.  She has been a member of the board for x years and has served as board president for x years.

 

 

Rajrani Chand, Treasurer

Ms. Chand has been a resident of Lakewood Condo 3 since 2005.  She has been a member of the board for x years and has served as board <title> for x years.

 

 

Jay Fillmore, <Title>

Mr. Fillmore has been a resident of Lakewood Condo 3 since 20xx.  He has been a member of the board for x years and has served as <title> for x years.

 

 

Sharon Holmes, Board Member

Mrs. Holmes is the board's newest member.  She has been a resident of Lakewood Condo 3 since 2013.  She began serving as a board member in 2015.

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Officer Responsibilities

Responsibilities to Lakewood Condo 3 residents:

  • Meet regularly to discuss business matters pertaining to the association

  • Enforce the governing documents

  • Establish, publicize, and enforce rules and penalties

  • Maintain accurate account of bylaws and ammendments

  • Authorize legal action against owners who do not comply with the rules

  • Inform members of all business items that require their vote

  • Inform members of important board decisions and transactions

 

Fiscal responsibilities including, but not limited to:

  • Establishing sound fiscal policies

  • Developing a workable budget, keeping in mind the needs, requirements and expectations of the community

  • Acting on budget items

  • Determining assessment rates and initiate special assessments

  • Establishing reserve funds

  • Maintaining accurate financial records

 

Authority to delegate certain responsibilities by:

  • Selecting a management company

  • Selecting an attorney, auditor, insurance agent and other professionals on behalf of the association

  • Providing adequate insurance coverage, as required by the bylaws and local governmental agencies.

Do you have questions, comments, or suggestions???

We'd love to hear from you!

 

Contact the board at:

LakewoodCondo3@gmail.com

or by using the form on this page.

 

You can also request more information with this form:

Thank you for contacting Lakewood Three Condominium Association!

© 2015 Lakewood Condominium Association #3

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