MAUNA LOA ESTATES ROAD MAINTENANCE, INC
Mauna Loa Estates Road Maintenance, Inc. (MLERMI for short) is a nonprofit corporation formed in 1994 for the sole purpose of maintaining roads in the Mauna Loa Estates subdivision, Volcano, Hawaii. Roads in this subdivision are private and not maintained by the County.
Membership is automatic for the owner of each lot and is required by law. Members pay a yearly assessment for road maintenance, including paving, fixing potholes, repair of signs and (where applicable) mowing the verge along each side of the road. The assessment is obligatory and currently $115 per lot. An owner of multiple lots pays a separate assessment for each lot owned.
An Annual Meeting of the members is held in March of each year to elect a Board of Directors and conduct business. The time and place are announced in the yearly newsletter and also under the Annual Meeting tab, above. Attendance is encouraged. Issues affecting you will be voted on.
Paving and repairs each year are limited to the funds at hand. Not all needs can be addressed in any given year. The Board of Directors surveys all roads each calendar year and decides priorities. Based on need, the Board may increase the annual assessment by up to 10% of current value. Increases exceeding 10% are subject to a vote of the membership.
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