Geneva homeowners association dispute yields progress
GENEVA – Defendants in a court case between a Geneva homeowners association and a bank say they are hopeful that the two parties will reach a resolution with the help of a judge by mid-January.
The case between Old Second National Bank and the Prairie Ridge Townhome Owners Association was presented before a judge for the first time last week, and since then, both parties believe they have moved closer to a resolution.
The dispute is about which party – the bank’s third-party manager or an elected homeowners association that formed last year – is in control of managing fees from the subdivision’s homeowners association.
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