​​​​​​​​​​​​Special Assessment Approved

The Golf Villas Board of Directors held a Regular Board Meeting on May 19 during which they unanimously approved a five-year Special Assessment to fund essential Common Element repairs and replacements.

 

The capital improvements planned are identified in the 2024 Reserve Study and include building repairs, painting, roofing, asphalt and more. Work will begin this summer with the repair and painting of Building 4 (Units 1467-1479), Building 7 (Units 1513-1525), and Building 9 (Units 1545-1557) per the Special Assessment project schedule. 

 

The Special Assessment will be charged to homeowners beginning July 1, 2025. The amount of the assessment will be based on percentage of ownership. Homeowners have received a form from FSR indicating a preferred payment option. If you need to make changes to your payment plan or have questions, contact residentservices.il@fsresidential.com or call their Customer Care at 877-999-6491.

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How to Stop Monthly Paper Statements

​Mailed monthly statements cost the Association money. If you are enrolled in autopay through ClickPay, you can elect to discontinue the mailings by calling 855.325.2016 or register for estatements by setting up an account with WelcomeLink at https://estatements.welcomelink.com/illinois. View the step by step instructions. 

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​Increasing Loss Assessment Coverage on Your HO-6 Policy

In order to renew our insurance policy, the association agreed to a $25,000 deductible for water damage claims. This deductible directly impacts all homeowners. If a water leak originates in your unit and causes damage to common elements resulting in the association filing a claim, per the Declarations, you may be responsible for covering the $25,000 deductible. To protect yourself from this potential financial liability, we strongly recommend reviewing your HO-6 insurance policy immediately. Increasing your Loss Assessment coverage to $25,000 is an affordable adjustment, typically around $15 per year, and can provide you with critical financial protection in the event of an unexpected claim. Please contact your insurance agent promptly to ensure your policy is updated accordingly.

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​​​​​​​​​​​​​​​​​​​FSR Connect – Download on the App Store or get it at Google Play.the App! 

Residents have access to association documents, can check account balances, submit service requests, or check on the status of ARC requests through the FirstService Connect Resident Portal. Login with account number is required. 

 

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