Because of the recent expenses acquired by the POA by the increases in doing business and multiple non-budgeted expenses related to the operation of sewer and water system, the board under Section 7.03 of the Protective covenant have determined to assess a levied to cover the extraordinary expenses.
The assessment to levied are as follows:
Residential Lots - $225 each
Undeveloped Lots - $90 each
If paid prior to the due date, a five percent discount may be taken ($213.75 for Residential lots and $85.00 for Undeveloped lots
An Assessment Invoice will be sent electronically by the treasurer via email to all owners of residential lots and undeveloped lots. The assessment is due thirty (30) days from the date of the invoice. Assessments not paid within (60) days will be determined past due and a $50.00 per month late fee will be added to the amount due. Assessments not paid within ninety (90) days will be considered delinquent.
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