I’ve been a member of Holliday Park Towne Homes for almost four years, and love living here. There are so many benefits of residing in Holliday Park. The grounds are quite beautiful, and we’re surrounded by a nature preserve. It’s a great place in which to walk. There are activities offered at the Clubhouse (i.e. Monday morning Koffee Klutch, dominoes, euchre, pinochle, and movie night).

Opportunities abound for members to become active within the community. Members can choose how they wish to become involved. Since we are a cooperative, we depend on volunteers to perform many functions in order to keep our carrying charges low. There are several committees in which members may choose to fulfill their civic duty, with the added benefit of meeting fellow members.

People learn about Holliday Park by visiting our website, by word of mouth from friends who live here, and through Saturday Greeters (a special group of members open the Clubhouse from 11:00 am to 1:00 pm on Saturdays to provide information to those interested in learning more about our lovely community). Some people just know about Holliday Park and are aware of its renowned reputation.

I’ve joined several committees since moving to Holliday Park. One of them is the Membership Committee. This very important committee regularly meets monthly with meetings in between depending on need. The Membership Committee is responsible for reviewing all applications to determine eligibility for membership. It is important to know that all information is kept confidential. Applicants are allowed two unit choices. Membership determines whether the number of occupants for the unit choices is within the parameters of the guidelines. The employment history must be completed, along with the salary release form and the application fee.

An important part of the application is the completion of the income requirements. Holliday Park is not subsidized by any government agency. Units must be purchased outright – they cannot be mortgaged. Applicants must provide asset information.

Workers (those who are employed) must meet income requirements specified for Workers. They must provide a two year history of employment, sign the salary release form and include the application fee.

Non-Workers (those who are not employed) must meet income requirements and provide securities/assets information, a social security statement, pension payment, Form 1099 (interest and dividend income), documentation of tax-free income, and broker statements. Income and the securities/assets requirements vary depending on unit choices. A credit report is also necessary.

If the applicant does not qualify either because of finances, a low credit score or the number of occupants, the application fee is returned along with a letter of explanation. Applicants need only provide enough documentation to meet the minimum requirements for the chosen units; it is not necessary to disclose financial information over and above the minimum requirements.

The Membership Committee’s responsibilities go beyond reviewing and approving or rejecting applicants. The Committee must adhere to policies set forth in the Membership Policy. The Committee’s duties include approving members’ requests for transfer. The Committee must comply with corporate regulations. An essential key to a successful Cooperative is maintaining peaceful co-existence. The Committee may be called upon to assist in maintaining this status by conducting meetings with members who are having conflicts. The Committee enforces violations of policy. If the Committee has exhausted efforts to bring compliance to an occupancy complaint, the Committee forwards the information along with a recommendation to the Board of Directors.

I was a Worker when I applied for membership in Holliday Park. When my application and deposit check were received at the Holliday Park office, they were logged in and the application was placed in the Membership Committee’s locked mailbox. It was reviewed at the next Membership meeting. The number of occupants and my salary for the units I specified were checked to determine eligibility for those units. The Committee requested financial information as well as a credit report. The salary request form was sent to my employer. All the information was reviewed at the next meeting. I was sent a letter telling me I was approved, and my name was then placed on the lists for those units I had specified. I waited for a call when I was next on the list and a unit became available.

It was a happy day when I accepted my Galloway, and went through the move-in process!

 

This entry was posted on Tuesday, November 15th, 2011 at 8:44 pm and is filed under Holliday Park. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.