The Liberty on the Lake Homeowners Association (HOA) was formed in 2017 to maintain our subdivision's "common areas" and enforce our HOA covenants (rules and regulations). Every property owner in the subdivision is an HOA member, responsible for paying annual dues to support the maintenance and improvement of our common areas. The HOA annual dues have been $225 per lot for the three years (from 2020 through 2022). In March, the HOA's governing board agreed to maintain the HOA member Annual Dues at $225 per lot for the upcoming budget year (the same level as the prior two years). For voting in HOA elections or on other topics at the HOA annual meeting, each dues-paying HOA member is entitled to one vote per lot owned in the subdivision.
The HOA Annual Dues (of $225.00) for the 2022-2023 budget year were due on June 1, 2022. In October 2022, the HOA Board of Directors approved a one-time Special Assessment of $750 per lot to fund a member-approved stormwater retention pond erosion mitigation project. At least one-half of this $750 Special Assessment (or $375 per lot) must be paid by January 1, 2023. If only one-half or $375 is paid by January 1, a second payment of $400 must be paid on or before October 31, 2023. All HOA payments can be paid online (by registered HOA members at https://www.libertyonthelakehoa.com/payments/) or by mailing a check to the HOA's Post Office box shown below.
The HOA encourages all Liberty on the Lake residents to "register" with the HOA (on this website) to receive timely HOA notices (about board meetings, the HOA budget, annual member dues, HOA-sponsored social events and surveys, and the election of HOA Board members); gain access to contact information for current HOA board members; make online annual dues payments; and have easy access to the subdivision's covenants, HOA board meeting minutes, and the latest news. Also, as a new resident, you can receive a welcome packet with information to help you acclimate to the community. If you recently moved here and have not received a welcome packet, please request one through the Contact Us page and make sure to include your name and address.
Contact us via email at [email protected] or U.S. mail at:
Liberty on the Lake HOA
P.O. Box 151
Savoy, IL 61874
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Special thanks to these businesses who sponsored recent Social Committee 2022 events: