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Special Assessment for Road Repairs

posted Oct 27, 2012, 1:42 PM by Serenity Ridge

At the annual Association Meeting held on Tuesday, October 16th, the proposal to have the rest of the neighborhood roads top-coated in the Spring of 2013 by collecting a one-time special assessment of $650 per lot was discussed.   Between owners represented at the meeting and proxy votes, the proposal was unanimously supported with 39 lot owners represented.

The special assessment will be invoiced soon and payment will be due by 1/1/13.  As a reminder, this special assessment is in addition to the normal annual dues of $625 that will be due on 3/1/13.  As a significant portion of our annual dues were going towards the Road Repair fund, the dues will be reduced to $425 starting in 2014.