ABOUT HOLSTON MEADOWS
Within the city and county of Durham, Holston Meadows subdivision is a 54-unit townhome community along Horton Road, just east of Guess Road and west of N. Duke Street. With street addresses of Holston Drive, Red Ash Circle and Marne Avenue, the community association was incorporated in 2001, and the homes were built in the early to mid-2000’s. 27 duplexes compose the 54 homes in Holston Meadows, and the zip code is 27704.
Quarterly board meetings are held by the community’s three-person board of directors. The last Annual Members Meeting took place on Thursday, November 15th, 2017 at Durham Public Schools Staff Development Center, 2107 Hillandale Road, Durham. At each annual meeting, one board-members’ 3-year term expires and elections are held. The new board of directors then determines who will fill the positions of President, VP, Secretary and Treasurer. Meetings are open to all members who wish to attend, however, advance notice of at least 24 hours is required to ensure sufficient meeting space. 2018 meetings will be scheduled soon.
2018 dues are $90 per month and there is a working capital fee of $270 (3 months of dues) charged to the buyer upon the purchase of each home.
Late fees of $20 are charged on accounts that have not been paid by the end of the month.
As a reminder, the association is NOT responsible for exterior repairs or maintenance to the townhomes. While a 2015 inspection indicated the community’s roofs to be in good condition, owners should remember to save for such future expenses, like a roof replacement, which would cost approximately $4,500 to $6,000 (per individual townhome) in today’s dollars. While the roof may not need to be fully replaced until it is 25+ years old, keep in mind that your roof should be inspected by a professional roofer every couple of years to prevent leaks. Some of the most common problems with asphalt shingle roofs are nail pops, wind or hail damage, cracked vent boots, cracked shingles, etc. Due to year-round sunshine, the south-facing sides of a roof will age faster than the north-facing sides, and particular attention should be paid to those areas.
While gutter-cleaning and power-washing is each owner’s responsibility, the board of directors does try to have these services performed on an annual basis at the association’s expenses…as long as funds are available to do so. If your home requires more frequent gutter cleaning or your siding becomes visibly moldy or dirty, owners should perform that maintenance at their own discretion or hire a qualified vendor.
According to the bylaws, the corporation (HOA) was organized for the following purposes:
- To promote the health, safety and welfare of the owners and residents of the Properties;
- To provide for the preservation of the values and amenities of the Properties;
- To promote fellowship and friendship among its Members and to provide an area to hold meetings and social gatherings for the better realization of such purposes; and
- To provide a forum for the expression of ideas and plans with regard to the improvement of social and general living conditions in the Properties and to take steps toward the fulfillment of said ideas and plans.
For Certificates of Insurance or other insurance-related information, email Payson Davis, pdavis@CraftInsurance.com, with Craft Insurance, or call him at 336-369-2002.