Assessment and Maintenance Increase Official Notice
To All Members:
The Board of Directors have agreed an assessment is necessary totaling $8800.00. Each Owner is being assessed $170.00 for the month of April 2023. The reason is to be current on our Commercial Insurance.
The Board is responsible for maintaining the standards of appearance, safety, and values of our community for the owners. This letter/notice serves as notification that the Board of Directors has voted to increase the monthly dues by $70.00 beginning May 1, 2023, $425.00 for 1 bedroom and $440.00 for 2 bedrooms.
This increase is needed to help us operate with a balanced budget due to the increased cost of living. The increasing cost of services, Insurance, landscaping, plumbing, roofing, utilities, property maintenance have contributed to this necessity.
– Board of Directors,
Spring Creek Condominium Association Inc.