If, on the 16th day of a month, a member is overdue on an amount of at least $100, the member has fallen out of good standing with the coop and is considered “Not in Good Standing” (NGS). In order for the NGS member to return to good standing, he or she must contact the Bookkeeper and reach an agreement on a payment plan. The Bookkeeper may also reach out to NGS members to assist them in returning to good standing.
If, by the 21st day of the month, a payment plan agreement is printed and signed by the NGS member, or the amount due plus any late fees have been paid in full, the member returns to good standing. Otherwise, the member is to be given a notice to vacate. A member who has violated the terms of a payment plan agreement is also no longer in good standing and is to be given a notice to vacate. The Bookkeeper must post the notice to vacate and also announce its occurrence on the official coop mailing list by the end of the 21st day of the month.
An notice to vacate given to an NGS member for financial reasons may be rescinded by one of the following means, before the time limit to vacate (as written on the notice) has expired:
On the 21st of the month, Associates with an outstanding balance of over $100 shall have their Associate Membership Contract terminated.
Any member who leaves the co-op not in good standing cannot sign a new contract until they have returned to good standing [HM 8-2-15].
Fines for infractions committed by a member in a single month (late payments, no-shows, etc.) shall be capped at $50. This does not include bounced check fees or recompense for coop property loss or damage. Over $50 in fines may still be levied in a single month so long as a single month's infractions do not account for more than $50 of the total amount levied. Members may request past fines be reduced to $50 per single month's infractions if those infractions occurred on or after March 1st, 2018. Such requests must be sent to the house treasurer.[HM 9-23-18]
Payment plans may be offered to or requested by residents with outstanding balances as a means to pay off their debt over a period of time and avoid potential eviction. Such agreements must be signed by both the resident, and the Bookkeeper, Treasurer, or Steward on behalf of the house.
Officers shall not be permitted to authorize, without house approval, a payment plan:
When you purchase something for the coop write the following on the receipt before turning it in to the rent/receipt box in the commons:
If one receipt has two categories, write the breakdown on the receipt for each category.
This policy is to be on display above the rent/receipt box in the commons.
A member may receive an expense reimbursement from the house only after all receipts are turned in and both the treasurer and the expense bookkeeper have approved.
Anyone current on their payment plan will not have their name listed.
Records of this data shall be retained, and shall be made available to members on request [HM 7-27-14].
A member must receive a printed notice within 48 hours of being fined by the house if either:
The member's email address is not on file in the house electronic bookkeeping system, or
The member has informed the bookkeeper in writing that they prefer to receive physical notices.
If the time period of an eviction notice has expired, and the evicted tenant has not vacated, the Steward must announce this occurrence on the official coop mailing list the day of the notice period's expiration. The Steward or another member appointed by the Steward must also file an eviction suit within three business days following expiration of the notice period [HM 9-14-14].