Developers and Builders
When developing master planned communities, great care in implementing and carrying out the vision created by you as a developer is critical. MERIDIAN will help you with this very important process through a host of services that will ensure your master planned community is prepared for all phases of development from your first sale through transition.
MERIDIAN will work closely with you to establish the policies and programs tailored to work most effectively for your communities' growth. We do this with a knowledgeable and dedicated team who bring together their collective experiences in partnering with you to create a great community. Your customized program will include, but are not limited to:
Community Set-Up
Review draft Bylaws, CC&Rs and Architectural Design Guidelines Develop first year and build-out budgets Obtain Federal Employee Identification Number for association Obtain association insurance from brokers who understand homeowners association special requirements Provide access to CPAs experienced in specialized area of association fund accounting for tax return preparation and audits, reviews or compilations Formulate Welcome Packets for new owners Act as liaison between you and the homeowner Establish appropriate service contacts Assist in developing policies that align with the culture of your community.
Fiscal Management
Prompt handling of all homeowner inquiries
Assessment collection and bank deposits
Assistance in preparation of the annual budget
Disbursal of funds as directed by the Board of Directors
Preparation of monthly Income/Expense statements and Balance Sheet
Reconcile bank accounts
Maintenance of a separate account for each homeowner
Processing and handling of delinquencies
Receipt, review and processing of invoices for payment by association
Coordination with auditor to finalize year-end audit, tax returns
Corporation filings with the State
Report generation
Administrative Management
Committed support to Board of Directors
Assistance with legal matters
Assistance with incoming/outgoing correspondence
Attendance at Board of Directors meetings and Annual meeting
Monitoring of local/national laws and advice on pertinent legislative issues
Seminars/workshops for Board members
Obtaining competitive bids for services as requested by Board of Directors
Selection of insurance providers and policies with Board approval
Supervision of contractors hired by the association
Marketing support for association activities and communications