Letter from the PresidentGood news Rockford Apartment Association members! As we break into the month of February the days become longer and we start seeing the light at the end of the tunnel with the eventual return of warm weather. December 2019 was very good to us. We can’t really say that about January 2020. Mother nature quickly reminded us who was in charge.

As we await the return of warmer weather the RAA board has scheduled some great programs for members to finish out the year. Last month our program topic was “Tax Strategies”. Thank you to Kelli Peterson from Savant Capital Management for speaking to the members in attendance. Kelli is a CPA, CFP, and MPA! She has all the credentials. She spoke to our group last year and the information she provided was so important for real estate investors we decided to have her back and speak to us again so that all who missed it the first time could hear it this time. Thank you again Kelli!

I like investing in real estate for a number of reasons. Among the many reasons is the wealth building aspect that goes along with it. Generally, it is long term investing and not a “get rich quick scheme”. It can be short term in the right market conditions and with the right strategies, but I have been buying property since 1985, and except for one property I still own everything that I have ever purchased. For me the wealth building has come through “buy and hold long term investing”. When you hold property long term the wealth building comes from two different directions. The first

NEWSLETTERFebruary 2020

fEbRuaRy mEETiNg Tuesday, February 18, 2020

JOIN THE RAA! Members benefits . . .

✔ 7 monthly meetings with guest speakers covering a variety of property management topics

✔ 7 monthly newsletters

✔ A Web link or page advertising your units on the RAA Web site

✔ Member Networking through group Email

✔ Knowledge of state and local political issues affecting property managers and owners

✔ Christmas Party

✔ Spring BanquetA one-year membership is $99.

To join go to www.rockfordapartmentassociation.org

or call 1-800-RAA-6676

RAAR6776 E. State, Rockford

FREE $$$—Grant Programs for Rehabbing Join the Rockford Apartment Association as we discover the free money available to owners of rental property for rehabbing. Come hear Representatives from the City of Rockford & Winnebago County explain the different programs available. Is your property in a TIF district? Can the city help you pay for sidewalks? Can you get money to get the lead out? Can you make your properties more energy efficient for free? Can you qualify for weatherization money? Don’t miss it!

Networking 6:30 P.M. / General Meeting 7:00 P.M.

Cost: FREE for members, $15.00 for non-members

continued on page 2

CLICK AROUND! All ads will take you directly to the vendor’s website. Other website references will take you to the source.

EAST STATE ST.

MILL RD.

MIDLAND BANK

SMOKEYBONES PERRYVILLE

Meeting

RAA rental forms for membersavailable at all general meetings.

Or, call 1-800-RAA-6676.

Electronic forms will be available on the website soon.

Come to a meeting!

Every 3rd Tuesday at 7pm September through May Join and save! Free to RAA members $15 non-members

Meeting Location

Rockford Area Association Of Realtors 6776 East State Street Rockford, IL

February 2020 Rockford Apartment Association Page 2

is “Principle Paydown”. I always recommend that any loans are financed in as short a term as possible. Fifteen years or less, if you can do it. You greatly accelerate your wealth building. The cash flow is less at first but the benefits of paying the mortgage off sooner include a much smaller amount of interest paid over the life of the loan and you are also able to leverage yourself into other property faster because your loan to value ratios look better. This is a key factor which banks use to determine risk in loaning money. The second way wealth building occurs is through appre-ciation in value. Values in real estate have historically always gone up over time and the longer you hold property the more you’re guaranteed an increase in value. In good market conditions values can increase short term but as we all saw in 2008 they can also gown down short term. Think of it like the “Tortoise and Hare story”. Take your time getting there but get in the game early and stay there. You can also increase appreciated values through sweat equity. That is the sweet spot for me. I have always enjoyed fixing and repairing things so putting in the sweat equity has been not only financially rewarding but very gratifying. Putting in “Sweat Equity” not only takes time and effort, it takes money. Rehab money can be hard to come by during the years of ownership so how do you get that money?

Our program for February 18th, 2020 is about free money available to landlords and real estate investors for fixing up their investment property. We will have representatives from differ-ent agencies including the City of Rockford, and the Winnebago County to talk about money available to property owners for side-walks, weatherization, lead remediation, the home start program, and TIF districts. They will be there to explain how each program works and how you would qualify as the property owner. Come discover all the different ways to get this free money for fixing up your rentals.

I hope to see you all there!—Karl Fauerbach, RAA President

Meet the Candidates!Tuesday February 18th General meeting!

Republican Primary Candidates J Hanley and David Gill

running for the States Attorney Office and

Republican Primary CandidatesJoe Chiarelli and Jim Webster

running for Winnebago County Board Chairman

Follow RAA on Facebook!

February 2020 Rockford Apartment Association Page 3

Meet Lynn Olsen by Jerri Cole

Being single in this business can be very challenging and very overwhelming. Being single myself, there have been times I have thrown my hands in the air and asked myself, “WHAT AM I DOING?” As I read Lynn’s interview, I am inspired by the way she handles all the challenges she is facing and her great attitude!! What a multitasker!!!! What a role model for RAA!!!! Another one of the outstanding leaders in RAA.

“I’m 63 years old and started in the rental busi-ness 18 1/2 years ago. My husband was widowed

and I was divorced, and we had been friends for over 20 years, when we decided to get married in 1998. Neither of us was in very good financial shape, so we decided we needed to do something that would en-hance our retirement income. I suggested real estate, because my uncle who was a farmer always said, “land is always a good invertment.” We made our first offer a week before our wedding, and they accepted our offer while we were on our honeymoon. A few years later we put together an 8 year plan, to buy as many buildings as we could and Rudy would retire (he was older than me), while I worked another 3 years until I could retire. Then we would slow down and enjoy as much time together as we could. Well, as life has it’s surprises, in the 8th year of our plan, my husband was diagnosed with cancer and passed away. So here I am 8 years later still managing the 4 buildings we pur-chased (a total of 10 units).”

After losing my husband, I did retire from the Rockford Park District, where I worked for 16 years in Purchasing and 3 years in Auditing. Before that, I worked at the MILL, a treatment facility for adoles-cents with behavorial disorders for 3 years, and before that I worked at Quacker Oats for 12 years. I have a di-verse Office Technical background, but I have learned to work pretty good with my hands too.”

I volunteer one day each week at Carpenters Place teaching “How to Budget and Find Financial Stability” to formerly homeless people rebuilding their lives.”

“I have three amazing children and 5 grandchil-dren, which are the sunshine of my life!”

“The thing I like most about being in the rent-al business is the flexibility it gives to help out my children, be able to attend school functions with the grandchildren, enjoy my vacation home at the lake, and travel a lot. I also value the great relationships I have built over the years with my tenants.”

“The things I hate most is having to go through the eviction process and tenants that spend their money on trips and toys and then can’t pay their rent. In my younger years I was divorced with 3 kids and didn’t make a lot of money, I never missed a house payment.

We maybe didn’t have much else, but the bills were always paid. So I have no sympathy when delinquent tenants start making their excuses.

“One of my most memorial landlord experience was evicting a guy who thought I couldn’t get him out. I called him several times throughout the evic-tion process, explaining where I was in the process and would he please just move his stuff out, so we wouldn’t have to put it on the curb. He did not re-spond to any of my messages.”

“When we showed up with the sheriff, the tenant was not home and the lock on the back door had been changed. Besides changing the locks on the back door, he nailed the other two exit doors shut with 3” spikes all the way around each door. What a mess that made of the woodwork!!!! I had to pay a locksmith to come and open the back door. To my surprise the tenant had not moved out a single item!!! Cash on the table, big screen TV, game systems, vcr, tons of movies and games, all his furniture and clothes!!!!! Everything went to the curb!!!”

“As soon as the sheriff left, the neighborhood people went through the stuff on the curb and made off with anything of value. By morning there was only a broken chair and a garbage can full of debris left on the curb. People were coming by all night long and taking stuff. I tried to get him to just move his stuff out, but some people just won’t listen!!!!”

“The funniest thing was, around 7 pm that night, the upstairs tenant called me and said the evicted tenant is out front with the police. He was trying to file a complaint against me for taking his stuff!!! The officer asked him if he knew he was being evicted and he told the officer how I had been calling him all the time about it. The officer asked if the sheriff was present when the stuff was removed and the upstairs tenant told him the sheriff was there. The officer just smiled and said to the eviced tenant, “Then why didn’t you move out your stuff?” and then he left.

“As a single woman in this business, the best thing I ever did was join the Rockford Apartment Asso-ciation! I was very upset one day when one of my tenants threatened to sue me for keeping her security deposit. I sent out a plea for help to the email group to see if I have done things correctly and Vince and

continued on page 4

February 2020 Rockford Apartment Association Page 4

Affordable Housing in Illinoishttps://www.ihda.org/developers/tax-credits/

Tax credits allow the taxpayer to subtract the amount of the credit from the total tax they owe to a governing body. Unlike tax deductions and tax exemptions that indirectly reduce tax bills by reducing the size of the base from which the tax bill is calculated, a tax credit directly reduces tax bills.

IHDA administers two programs that leverage the benefits of tax credits for the primary purpose of incen-tivizing developers to build and rehabilitate affordable rental housing: The Low Income Housing Tax Credit (federal tax credit) and the Illinois Affordable Hous-ing Tax Credit (state tax credit).

Before submitting an application for either credit, your project must be approved through the Prelimi-nary Project Assessment process.

Preliminary Project Assessment (PPA)Prior to applying for any IHDA resource, a sponsor must submit a Preliminary Project Assessment (PPA). The PPA addresses the project’s site and market. Specif-ic Market Data and Metrics are reviewed for each PPA. IHDA will also confirm a project’s Opportunity Area or Proximate Opportunity Area status if requested in the PPA submittal. Additional information about the PPA process is available in the Market Research section.

IHDA will notify you when your PPA is approved or denied. Approval of a PPA does not guarantee an allocation of tax credits or IHDA financing. For projects seeking 9% LIHTC, applications will be accepted one time per year. 4% Applications will be accepted on a rolling basis. You can see the list of application time-lines here.

Approved PPA’s are eligible to submit an applica-tion for tax credits or IHDA financing. The application process differs based on the type of resource you are applying for.

Low Income Housing Tax Credit The Low Income Housing Tax Credit (LIHTC, Hous-ing Credit) is a dollar-for-dollar federal tax credit for affordable housing investments. It was created under

the Tax Reform Act of 1986 and gives incentives for the utilization of private equity in the development of affordable housing aimed at low-income Americans. The program is administered at the state level by state housing finance agencies (i.e. IHDA) with each state getting a fixed allocation of credits based on its popu-lation. IHDA evaluates applications against our “Qual-ified Allocation Plan” (QAP).

LIHTC accounts for the majority (approximately 90%) of all affordable rental housing created in the United States today, and is the most successful afford-able housing tool in Illinois. The tax credits are more attractive than tax deductions as the credits provide a dollar-for-dollar reduction in a taxpayer’s federal income tax, whereas a tax deduction only provides a reduction in taxable income. Almost all investors in LIHTC projects are corporations.

The maximum rent that can be charged is based upon the Area Median Income (“AMI”) and is capped at 80% of AMI. Rents must be kept affordable for a 15-year initial “compliance period” and a subsequent 15-year “extended use period.”

Illinois Affordable Housing Tax CreditThe Illinois Affordable Housing Tax Credit (IAHTC) encourages private investment in affordable housing by providing donors of qualified donations with a one-time tax credit on their Illinois state income tax equal to 50 percent of the value of the donation. The donor can choose to transfer the credits to the project, which creates additional project financing through syn-dication of the credits.

IHDA administers the statewide program, and the City of Chicago’s Department of Housing and Eco-nomic Development (HED) administers the program in the City of Chicago. IHDA receives 75.5 percent of the annual IAHTC allocation, while the City of Chica-go receives 24.5 percent. Each administrative entity has its own application process.

Rules governing the IAHTC are found in the IL Ad-ministrative Code, Title 47, Chapter II, Part 355.

several others gave me great advice and calmed my nerves so I could get a good night’s sleep!!!! Thanks again for those that offered advice!!!! It was greatly appreciated!!!! I also learned, through the association, how to do criminal background checking on the coun-ty website, and that has been the greatest thing since sliced bread. I have been able to select better tenants!”

“The best advice I could offer new landlords is that screening your tenants is CRITICAL! Do thorough background checks and check references, learn every-thing you can before leasing to anyone. Also, for wom-en in this business, when showing open apartments, try to group several showings together so that you are not alone with anyone for very long.”

February 2020 Rockford Apartment Association Page 5

Ken BeckerBroker - GRI, CRS, CRBClosed Over 200 Million Dollars

1720 Rural St. • Rockford, IL 61107

E-Mail: KBecker39@aol.com

Residential Investments Commercial Cell. (815) 670-3300Office (815) 399-8000Eves. (815) 226-4800

Fax (815) 399-7733

REALTORS®

Becker TIF is a tool used

by the City of

Rockford to finance

public improvements and assist private

development projects within targeted

neighborhoods. Rising property values

within a targeted neighborhood create

new incremental tax revenues, which

the city uses to improve conditions

within that neighborhood.

Tax Increment Financing (TIF) Districtshttps://rockfordil.com/doing-business-here/incentives/ incentive-zones/

TIF financing allows a developer or property owner to receive a portion of the increased real estate taxes generated from a rehabilitation or new construction project. Funds can be provided through two meth-ods:

Pay as you go methodA fixed annual dollar amount can be paid directly to the developer based on the amount of the yearly real estate tax increase generated by the project.

Upfront methodThrough a bonding process, the City can provide funds during construction. The City borrows money by selling bonds, which are repaid by the increased real estate taxes generated by the development process

What makes a project a good candidate for TIF assistance?

Substantial increase in real estate taxes after construction

New construction or substantial rehabilitation

Adding building square footage

Low present real estate value

Vacant buildings or land

Mike KohlstedtSenior VP - Commercial Loansmkohlstedt@byronbank.com

815-234-6103

Doug KnodleCommercial Loan Officerdknodle@byronbank.com

815-234-6109

www.byronbank.com

Call today to find out how we can achieve your business goals together.

Multi-Family UnitsLow Closing Costs

Our team will work closely with you to meet your lending needs.

You deal directly with local lenders and local decision makers for quick decisions.

February 2020 Rockford Apartment Association Page 6

Nick VerstraeteNick@Eckburg.com

815-877-4100

eckburg.com

Actual Cash Value

Functional Replacement Cost

Replacement Cost

Unbeatable Rental Property Rates

Compare

Rates Today!

How (Smart) Landlords Can Benefit from Government Programshttps://ipropertymanagement.com/government-assistance

Purchasing properties in low-income areas can open more doors for you than you think. While low-income housing is often associated with late payments and evictions, there are government programs that can help you—and your tenants.

Government-funded programs like Section 8 and Section 42 fund your tenant’s rent and give you tax breaks, respectively. Participants don’t want to lose their funding; therefore, they work hard to comply with your contract’s guidelines.

The U.S. Department of Housing and Urban Development (HUD) has developed several programs to encourage the creation of housing that is safe and affordable for those who are elderly, disabled, or have low income. HUD does so by funding construction of restricted housing, giving tax breaks to those that cap prices, and paying rent for participants. Local housing agencies implement these programs with funding from HUD. These rental subsidies are regulated by the Code of Federal Regulation Subpart F.

Click on these links for specific articles:

Section 8— Housing Choice Voucher Program

Section 42— The Low-Income Housing Tax Credit (LIHTC)

Section 515— Rural Rental Housing Loans

Section 521— Rental Assistance Program

Section 202— Supportive Housing for the Elderly Program

Section 811— Supportive Housing for Persons w/Disabilities

February 2020 Rockford Apartment Association Page 7

Call 815-316-0370 today!

Chris SherrardYour Local Agent

5301 E State St STE 122, Rockford, IL 61108csherrard@farmersagent.comagents.farmers.com/csherrard

• Contact me for a free coverage review• Coverage you can customize to meet your needs• Home insurance• Rental insurance needs

COVERAGE FOR EVERY PART OF THE HOME

Restrictions apply. Discounts may vary. Not available in all states. See your agent for details. Insurance is underwritten by Farmers Insurance Exchange and other a�liated insurance companies. Visit farmers.com for a complete listing of companies. Not all insurers are authorized to provide insurance in all states. Coverage is not available in all states.

Let me help you get the most value out of your insurance coverage.

Blast from the Past!Do you recoginize the people in these pictures from the 2012 Christmas Party?

February 2020 Rockford Apartment Association Page 8

What economists see for the Chicago housing market in 2020https://www.chicagobusiness.com/residential-real-estate/what-economists-see-chicago-housing-market-2020

If the nation’s longest recorded economic expansion somehow hasn’t already set off sparks in the housing market, three economists who spoke at real estate fore-cast events said last week, don’t expect this year to be any different.

“Considering we’re 10 years out from a global reces-sion, by all measures we should be throwing a party,” George Ratiu, senior economist at Realtor.com, said at a 2020 forecast event hosted by the Chicago Association of Realtors on Jan. 9 at the Swissotel in Lakeshore East. Yet the housing market, in Chicago in particular, “is nowhere near where we should be.”

That’s despite the fact that “it’s a very good time to buy a home,” Lawrence Yun, chief economist of the National Association of Realtors, said at the event. The stock market, employment and consumer confidence are all high, and interest rates are low.

William Strauss, senior economist at the Federal Re-serve Bank of Chicago, echoed them the next day.

“Housing has been improving at a modest pace for years, and it’s expected to do the same,” Strauss said at a separate forecast hosted by the suburban Mainstreet Or-ganization of Realtors at the Medinah Shriners banquet facility in Addison on Jan. 10.

The most positive aspect of the economists’ outlook is that they don’t expect Chicago’s real estate market to turn negative.

“We now have 126 consecutive months of growth, besting 120 months in the 1990s,” Strauss said, “and I’ll give you a heads-up: Growth is likely to continue out for the next several years.” While people often say that a recession is “due” because of the economy’s established cycle, Strauss said, the shallow growth of the current expansion may be the very reason it’s lasted so long and will continue.

Strauss said he sees no big economic shocks ahead that might push the market down, but that at the same

time, “there aren’t positive shocks coming” either.What does this mean for Chicago’s housing market?

While both Strauss and Yun described the year ahead as, essentially, more of the same weakness, Ratiu offered a specific forecast: As Crain’s reported in December, Real-tor.com expects Chicago-area home sales to decline by 0.9 percent in 2020, and prices to dip 0.3 percent. That’s essentially flat with 2019, particularly on prices.

At least 14 of the biggest 100 U.S. cities are expected to decline more than Chicago, in Realtor.com’s forecast.

The economists offered some reasons that have become familiar: ongoing population loss and high property taxes.

In Illinois, “half a million people are employed in state and local government,” Ratiu said. “I’m just going to point out that has an effect on your taxes. I’ve heard taxes are a problem in Chicago.”

Yun said a factor that’s hurting Chicago’s market is a national problem as well. “There’s not enough invento-ry for sale at the midprice level, midprice and below,” which he put in the $200,000s. “That’s where most of the buyers are,” he said.

There are two key reasons for the lack of Chicago-area homes available for sale at that price level: Vast numbers of homeowners in our slowly rising market are upside down on their mortgages and can’t afford to put them on the market with the prospect of having to show up at the closing with cash to fill in between the sale price and mortgage debt. And builders of new homes can’t afford to build at low prices in many of the areas where young households want to be, such as the city’s hot neighbor-hoods in the West Loop, along the Milwaukee Avenue corridor and the Near Southwest Side.

“I would say—builders, build midpriced homes and

you can sell them,” Yun said, though he acknowledged that making the numbers work is a challenge.

February 2020 Rockford Apartment Association Page 9

continued on page 9

Investing in America’s Neighborhoodshttps://neighborhoodhomesinvestmentact.org/

The Neighborhood Homes Investment Act calls for the creation of a new federal tax credit that will produce new equity investment dollars for the de-velopment and renovation of 1-4 family housing in distressed urban, suburban, and rural neighborhoods.

In hundreds of communities throughout the coun-try, neighborhood revitalization is being stymied by the “value gap” — the situation in which the cost of rehabilitating or building a home is greater than the post-construction value of the home.

While the Low-Income Housing Tax Credit (LI-HTC) has provided an effective means of closing the development gaps in low-income, multi-family rental housing, there is no reliable reinvestment tool to close the value gap for our country’s declining 1-4 family housing stock— even though this housing typology accounts for the greatest percentage of all residential structures in places like Newark, Hartford, Pittsburgh, New Orleans, Springfield, Detroit, Flint, Stockton, Memphis, Cincinnati, Columbia, Indianapolis, and so many more cities across the U.S.

The value gap contributes to three interrelated con-ditions that challenge urban prosperity:

Blight, vacancy, and abandonment - In markets where the “numbers don’t work” – e.g., it costs more to build or rehab a house than the property can be sold for – owners will walk away from homes that are no longer habitable and can’t be refinanced or sold. Without a financing tool to close the value gap, even the most resourceful housing developers can not (and will not) be able to address the thousands of vacant R-1 zoned properties that burden distressed neighbor-hoods.

Conversion of homeownership neighborhoods to absentee landlord neighborhoods - The dearth of reinvestment dollars for distressed, low-density neighborhoods creates a favorable environment for absentee owners/investors who convert aging home-ownership housing to rental housing in once stabile owner-occupant neighborhoods. Poorly-maintained rental housing, owned by absentee landlord/investors, undermines quality of life and spurs declining prop-erty values in small and mid-sized cities across the country.

Bed Bug Specialists

AnthonysPestControl@aol.com

February 2020 Rockford Apartment Association Page 10

Dean Impey Hours: Mon. - Sat. 7:30-6 & Sun. 9-3

TRI-B Hardware & SupplyA Veteran Owned / Full Service Hardware StoreBig enough to serve you, small enough to care.

2811 Charles Street Phone 815-399-2828Rockford, IL 61108 Fax 815-399-8717

Visit us at: www.facebook/tribhardwarewww.tribhardware.doitbest.com

Racial inequity - The lack of capital for reinvest-ment in low- and moderate-income neighborhoods has exacerbated racial inequities, in particular, the great disparity between African American fam-ily wealth and the family wealth of every other ethnic and racial group in America. As reinvest-ment-starved neighborhoods continue to decline, so do the assets of the families that own property within them.

We estimate that each $1 billion in NHIA invest-ment would result in the following impacts nation-wide:

25,000 homes built or rehabilitated

$4.25 billion of total development activity

33,393 jobs in construction and construction-re-lated industries

$1.82 billion in wages and salaries

$1.25 billion in federal, state, and local tax reve-nues and fees

In addition, this tax credit will improve property values, increase family wealth, decrease blight and abandonment in distressed neighborhoods, and create more and better options for shelter— all of which indirectly enhance multiple determinants of health and well-being in America’s residential communities.

continued from page 8

This husband had everything a man could

want—wealth, a beautiful condo, a gorgeous

woman—but one day his wife walked in!!

February 2020 Rockford Apartment Association Page 11

February 2020 Rockford Apartment Association Page 12

January 2020 Meeting

Kelli Peterson with Savant Capital Management

Steve Church with habitat For Humanity. Got away before we could snag a picture. Thanks Steve for speaking to the RAA.

Julie Coffey with All Seasons Carpet Cleaning Speaks to the Group about odor removal services.

Kelli Peterson and members at the January 21st 2020 meeting on Tax Strategies for real estate investors.

A woman decides to frighten her husband

out of drinking. She dresses up like the devil

and waits for him at the door. When he pours

himself in, she says, “Boo!”

The man says, “Who are you?”

The woman says, “I am the devil!”

The man says, “Shake hands. I married

your sister!”

A caring husband is a man who is so interest-

ed in his wife’s happiness that he’ll hire a detec-

tive to find out who’s responsible for it.

A woman explains to her friend that her husband is lazy.

The only way she gets him up to work is to throw the cat on

the bed. The friend asks, “How does that get him up?”

The woman answers, “He sleeps with the dog.”

February 2020 Rockford Apartment Association Page 13

EVICTIONS

The first step towards obtaining an eviction is to have a “Landlord’s Notice.” There are various types of landlord notices depending on the particular situation. The Winnebago County Law Library has self-help manuals avail-able that can explain the different types of notices and what steps must be taken in the eviction process.

Once the Sheriff’s Office receives the signed sealed Order from the Judge, a date and time can be set for Sheriff’s personnel to meet the plaintiff at the eviction address. The Sheriff’s Office will set the eviction date within three (3) business days after your possession date. This date can be set further out if requested since the eviction order is valid for one hundred-twenty (120) days from the date it is signed by the Judge. The Sheriff’s role at the evic-tion address is to enforce the Order and keep the peace.

The plaintiff is responsible for the manpower along with things like garbage bags and boxes that may be neces-sary to move the possessions to the nearest public property (normally the curb).

Fees for Service of Civil Papers$18.50 per service plus $1.00 per mile

Fees for Enforcement of an Eviction OrderEFFECTIVE AUGUST 1, 2011

Sheriff's fee for serving or attempting to serve an order of judgment for the possession of real estate in an action of ejectment or in any other action, or for restitution in an action of forcible entry and detainer without aid in the County are as follows:

$74.00 Fee for restoring possession $ 5.00 Return

$79.00**

Fee payable in advance, prior to scheduling.

**Mileage will be charged and added to the total, from the place of holding court to the place of residence of the defendant or witness, $.50 per mile each way. Additional Civil Process Fee Information

If an eviction is cancelled by notifying the Sheriff's Civil Process no less than one hour prior to the date and time set, a $5.00 non-refundable fee will be charged and the remaining eviction order fees will be refunded.

All requests for service shall be paid in advance.Make checks payable to the Winnebago County Sheriff.

If you have any questions regarding the eviction process or fee schedule; or to cancel an eviction please call 815-319-6150.

Rockford Apartment Association DirectoryRaa SERvicE DiREcToRy

We, the members of the RAA, recognizing our duty to the public and the intimate nature of the relationship between the apartment resident and the owner, or manager, and being aware of the vastly increasing role of the apartment industry in providing the home of the future, and in order to provide the apartment-residing public with the maximum in quality and service upon the highest stan-dards of honest and integrity, do hereby bind ourselves, with each and every member, together a and alone, agreeing that, so long as we remain members of the RAA and so long as nothing contained herein shall be unlawful, we shall:

1. Promote, employ and maintain a high standard of integrity in the performance of all rental obligations and services in the opera-tion of our apartment communities.

2. Maintain and operate our apartment communities in accor-dance with fair and honorable standards of competition, ever mindful of the purposes of the Rockford Apartment Association and in compliance with the bylaws thereof.

3. Strive continually to promote the education and fraternity of the membership and to promote the progress and dignity of the apartment industry in creating a better image of itself in order that the public may be better served.

4. Seek to provide better values, so that an even greater share of the public may enjoy the many benefits of apartment living.

5. Establish high ethical standards of conduct within the apart-ment industry in the business relationship between the owner, managers and suppliers of products and services to the apart-ment industry.

6. Maintain property standards of the appropriate governmental authority.

7. Ensure that every qualified individual, regardless of that indi-vidual’s race, color, religion, gender, disability, familial status or national origin is afforded the same opportunity to rent an apartment and enjoy the benefits of apartment living.

Financial statement available upon request to members in good standing.

The content and opinions expressed in the RAA newsletter do not necessarily reflect the views of, nor are they necessarily endorsed by, the Rockford Apartment Association or its board.

Abby Pest Elimination 815-207-9255

Advanced Chimney Systems 815-874-7377

All Seasons Carpet Cleaning 815-399-8690

Anthony’s Pest Control 815-988-3803

Asset Protection Ins. 815-708-7445

Byron Bank, Doug Knodle 815-234-6109

Don’s Appliance Service 815-877-2553

Eckburg Insurance Group 815-877-4100

CSC Service Works, Adam Smith 630-294-6572

Hurd Management Services 815-321-9928

Farmers Insurance, Chris Sherrard 815-316-0370

IL Bank & Trust, Dennis Roop 815-637-7008

Ken Becker Realtors 815-399-8000 Cell 815-670-3300

Nicholson Hardware 815-963-4821

Northern IL Sewer Service 815-229-1174

SERVPRO Jim Appell 815-980-1830

Stateline Carpet & Flooring 815-871-8686

Stateline Property Consultants 815-680-5216

Tidy Clean 779-970-4645

TRI-B Hardware & Supply 815-399-2828

Union Savings Bank 815-397-6880

Raa boaRD mEmbERS

President Karl Fauerbach 815 877-6077

Vice President Mary O’Sullivan-Snyder 815-988-2755

Secretary Ken Opperman 815-289-7309

Treasurer Mike Cavataio 815-397-3320

Nominating Com. Ken Becker 815-399-8000

Newsletter Advertising Lynn Olsen 815-222-0606

Vendor Tables Banquet & Christmas Mary O’Sullivan-Snyder 815-988-2755

General Meeting John Kirschbaum 815-871-0696

Bus. Forms Allen Much 815-963-4123

Membership Debbie Chamberlain 815-871-4713

Programs Director Larry Mills 815-289-1607

Photographer Todd Johnson 815-519-3819

Marketing Todd Johnson 815-519-3819

Web Site Jeff Peterson 815-871-7364

Newsletter Editor Karl Fauerbach 815-877-6077

Jerri Cole 779-537-4257

Government and Public Affairs Director Paul Arena 815-243-2924

IRPOA Rep Paul Arena 815-243-2924

Board Legal Advisor Erik Jacobs 815-226-7700RKFD Neighborhood Standards, Jeff Sturtecky 815-514-0775

Rockford Apartment Association Code of Ethics