Finance

ANNUAL ASSESSMENT

Per Lot Owned:
2010 $334.00

Invoices are mailed end-December. Full Payment must be received no later than February 28th of the respective year to avoid penalties as outlined in the 1999 Amended Declaration and Restrictions (ADAR). If a return envelope was not included with the Invoice, or misplaced, visit the Board of Directors page for the Foundation mailing address and/or contact information.

ADMINISTRATIVE FEE

Effective June, 7, 2005, all property sales are subject to an Administrative Fee of $50.00, per lot, payable to the Foundation by the Purchaser at the closing of the sale provided that the Attorney contacts the Foundation Administrative Assistant no less than two business days prior to closing; otherwise, an additional $25.00 charge will be added to the Fee.

GENERAL INFORMATION

Our financial information is now computerized so that all transactions are instantly incorporated. Homeowners can, every month, get a complete look via the various reports generated: Balance Sheet, Income Statement, Cash Flow Statement and Check Register. This comprehensive report system details all data providing the checks and balance process necessary. Budget information is also available to property owners upon request.

Because our Web Site is accessible to the general public, the above financial reports will not be included.

Copies of the respective month's report are available to Homeowners only at every Regular Monthly Board Meeting. If you cannot attend, and would like a copy, or have questions or comments regarding the information in the reports, please contact the Treasurer.

COMMITTEE

Eric Unger, Treasurer     849-9949      ungere@schedulingsystem.com
Paul Meierer
Ted Summerford
Bob St. Onge
Dan Childress