NOTICE

Building Performance Deposit

 

Effective September 1, 2003



As Cypress Landing becomes a mature community with more residents moving in, there is greater concern over the impact of continued construction, specifically with destruction of paved roads, road shoulders, drainage swales and with mud being carried onto the roads. Site maintenance is also frequently unacceptable because of construction debris and personal trash blowing onto adjacent home sites. These conditions are unsightly, are a nuisance to adjacent home owners and can represent a potential safety hazard.

At the beginning of this year, The (ACC) developed a monthly inspection process with a FAX message reporting system to address these issues. This system does not work to the satisfaction of the Board.

Without WREDCO to actively oversee construction, the ACC was directed to amend the Building Guidelines to ensure compliance with Protective Covenants and Building Guidelines and maintain an ongoing record of construction and ACC decisions. The revised Building Guidelines enclosed are also posted on line at www.cypresslandingnc.com. Additional copies are available upon request by mail, telephone (252-975-3255) or in person from the Community Association Manager (CAM) in the Bay Club. The significant changes outlined in the revised Building Guidelines are as follows:

(1) In addition to the Application for Architectural Review, all Lot Owners constructing a new living unit are required to post a $1,000.00 dollar non-interest bearing Performance Deposit with their Application along with a check in the amount of $300.00, for delivery of a Cypress Landing Mail Box and administrative costs.

(2) At the end of construction, the Lot Owner must meet with the ACC at the home site for a field review. This review is to verify that the proposed construction represented in the application was properly built and that all requirements of the Building Guidelines are met. If acceptable, the Performance Deposit of $1,000.00 dollars will be returned to the Lot Owner, less any deductions, along with a signed copy of the “Completion of Construction Form”.

(3) All construction sites will be inspected monthly and on an as required basis. For any violation, the Lot Owner and Builder/Contractor will receive a copy of the ACC Inspection Form by mail or FAX, specifying the nature of the violation(s). Since Builders/Contractors work on behalf of the Lot Owner it is the Lot Owner who bears the ultimate responsibility to ensure that Builders/Contractors correct the violation(s) and comply with the provisions of CLMHOA Protective Covenants and Building Guidelines.

It is important that any Lot Owner or Resident planning construction or remodeling become familiar with the requirements outlined in the revised Building Guidelines before any work is started.

Respectfully,
Board of Directors, Cypress Landing Master Homeowners Association, Inc.

 

 

© Cypress Landing Master Home Owner's Association 2004. All rights reserved.