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Eastpointe Resident Survey on Bi-Party Agreement |
Recently, The ECC and the HOA Boards negotiated and agreed on a new Bi-Party Agreement. The residents were not allowed to vote on or to approve the agreement. Several provisions of the agreement include raising the annual fees on RSM by $1,200 over the next 3 years, creating a new RSM II category with initial annual dues starting at $7,000 and increasing annually by a minimum of 5%, and adding a $10,000 initiation fee that goes to the ECC on the sale of any Eastpointe property where the new owner chooses to be a RSM II verses a golf member (where they pay a higher initiation fee). This survey is designed to understand how residents feel about the new agreement. Only legal Eastpointe homeowners should respond to this particular survey. Names and addresses will be matched against the HOA database to ensure compliance.