Maintenance fees are billed annually in November each year. They are due by January 31st.
| 3 BEDROOM | 2 BEDROOM | 1 BEDROOM | EFFICIENCY |
|---|---|---|---|
| $646.00 annually | $555.00 annually | $390.00 annually | $223.00 annually |
| Tax portion of maintenance fee: $27.74 | Tax portion of maintenance fee: $19.71 | Tax portion of maintenance fee: $12.85 | Tax portion of maintenance fee: $5.84 |
| 4-SHARE | $777.00 annually | Tax portion of maintenance fee: | $25.55 |
To pay online, click here --> Instruction Guide --> How to Pay Maintenance Fees Online
As detailed in the minutes of the last annual owners meeting, the board advised we may be required to raise maintenance fees this year. They had hoped that the five percent increase in 2023 would be sufficient to keep the association healthy. Unfortunately costs continued to rise, and this increase only covered basic costs for the year with no room for capital improvements.
It is vital for our future that we continue to make improvements to the condominiums to replace old furniture, bedding and carpets as well as to update bathrooms and kitchens as needed. We are proud to say we achieved a SILVER CROWN rating with RCI this year and want to maintain this in future years. For these reasons the board has voted to raise maintenance fees by six percent (rounded to the nearest dollar) effective with the 2024 fees being billed this November.
OTHER FEES:
- $6.00 processing fee will be assessed for each billing statement generated including all late fee and past due notices.
- $25.00 cleaning fee will be assessed for all RCI inbound reservations booked for less than 7 days.
- Interest will be assessed quarterly at a rate of 10% annually on all past due accounts.
We hope you understand the board takes the increase of fees seriously and believes this course of action is necessary to ensure the health of the association
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