The benefits of our Homeowners Association:
One of the best things about living in Centennial is you can relax knowing your community will keep on looking as beautiful as the day you first saw it. That's because your Homeowners Association (HOA) dues help pay for maintaining your community's common areas and amenities. Not only does that help protect your property values, it ensures you'll always be proud to call Centennial your home.
Items Covered by the HOA
- All typical HOA Expenses
- Clubhouse, Pool, Playground and Common Open Space Maintenance
- Annual Dues of $600, collected semi-annual at $300 in January and July
- One-Time Capital Contribution of $300
How is the governing board structured?
All Board Members are currently Developer (SMB Auburn, LLC) Employees
What committees contribute to the governing board?
None at this time.
Does the HOA have a reserve fund?
Yes. Reserve funds are maintained for future repair and replacement of assets that the HOA has long-term responsibility for, and are essential to a successful community. Reserves do not fund everyday expenses or more routine needs; the operating fund serves that.
How often are HOA fees increased?
As needed due to cost of living expenses.
Does the HOA maintain all the amenities?
Yes, Centennial manages the Clubhouse, Pool, Playground and Common Open Space Maintenance.
Does the HOA have a community newsletter or intranet site for residents?
No, not at this time.
Hawthorne Management Company
HOA is managed by:
4530 Park Road, Suite 201
Charlotte, NC 28209