GRAND VALLEY LAKES PROPERTY OWNERS ASSOCIATION, INC
PROSPECTIVE PROPERTY OWNERS GUIDE
The purchase of property within the Grand Valley Lakes Subdivision makes you a member of the Property Owners Association. This membership entitles you to certain privileges and requires specific obligations. The following is a brief overview for anyone interested in enjoying ownership in the Grand Valley Community.
1. Grand Valley Lakes has fees and/or obligations that are due on a yearly basis. All obligations are due on April 1st of each year. (Fee schedule attached.) These fees and/or obligations are subject to change. (Failure to receive a statement does not alleviate obligations.)
2. Homeowners have a one-time fee for water deposit and water hookup. Fee is dependent on new home or existing home.
3. Proof of an approved septic system by the Hardeman County Health Department is required before water will be connected.
4. All building plans must be submitted to the office for approval by the ACC committee. Mobile/or modular homes require prior approval before entering Grand Valley Subdivision.
5. A recorded copy of the deed is required on file in the POA office.
6. A set of By-laws and Restrictive Covenants are available at the POA office. We strongly advise that each property owner obtain and read thoroughly.
7. All new homeowners are required to come by the office, located at 405 Grand Valley Drive, and fill out a form notifying of date and location of prospective move, All obligations must be current and we will issue membership cards and vehicle decals.
We are continually striving to keep Grand Valley Lakes a community of choice in West Tennessee. With your cooperation and the cooperation of those who are currently property owners, we can continue to make this happen.
Property Owner's Association (POA) Dues and Fees*
Effective April 1, 2009
Membership Dues...........................$302.75
Resident Water...............................$247.25 Plus Tax ($271.36)
Water Availability**..........................$97.75 Plus Tax ($107.28)
Boat Stickers...................................$20.00
Non-Motorized Boats.......................$5.00
Rates Effective as of April 1, 2009. All Dues and Fees are due April 1st of each year.
Marina Slips
Marina Slip Annual Fee.................$240.00 Plus Tax ($263.40)
New Home Water Connection Fees
Connection...............$400.00
Deposit.....................$200.00
Deposit returned upon Disconnect if all obligations are current.
New Home Owner to Existing Home Water Connection Fee
Connection.................$50.00
Deposit.......................$200.00
Deposit returned upon disconnect if all obligations are current.
Extra Vehicle Decals
$1.00 with proof of ownership of more than 2 Vehicles.
Extra Membership Cards
$2.00 for household members only