On the subject of assessments:
I would like to thank our residents for working to keep our small corner of the globe moving forward through the payment of our annual assessments. As of this past weekend, we had collected 88% of our budgeted dues...compared to just 84% last year. We still have 12% outstanding, which equates to appr $40,000. Did you know our recurring monthly costs are appr $15,000 - $20,000 per month? You can see how this presents a problem...if you have not paid, please make an effort to do so. Homeowners associations are 2nd only to Primary mortgages on lienholder priority...
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