CHANGES:
-Addition of, “Nonpayment of any assessments or fees may result in suspension of privileges.”
Discussion held without resolution:
-Talked about ways to help with rising dues due to bylaws (big increasing coming this year)
Discussion held and agreement made:
-Replacing the ambiguous new verbiage with something equivalent to:
“Failure to pay dues, fees, and/or assessments will result in automatic suspension of privileges until such time as dues are paid” to match verbiage in: Unpaid Fines section.
OLD:
(Article XVI)
1. The Treasurer shall grant a 3% discount on combined sums of the annual dues and assessments to any member who pays such sum in full before April 1 of each year. But the Treasurer shall impose a 15% penalty on the combined sums of dues and assessments upon any member who does not pay such combined sums after May 1 of each year.
2. Annual association dues, deed covenant fees and major improvement per lot assessments not paid by June 15 shall be considered delinquent. Other fees and assessments shall be considered delinquent 90 days after the date of invoice. All reasonable legal fees and costs incurred in the collection of delinquent dues, assessments and fees, including reasonable legal fees where suit has been filed, shall be assessed against the delinquent member.
NEW:
(Article V; Sec. 1)
1. The Treasurer shall grant a 3% discount on combined sums of the annual dues and assessments to any Member who pays such sum in full before April 1st of each year. The Treasurer shall impose a 15% penalty on the combined sums of dues and assessments upon any Member who does not pay such combined sums prior to May 2nd of each year.
2. Annual Association dues, deed covenant fees, and per lot assessments not paid by June 15th shall be considered delinquent. Other fees, fines and assessments shall be considered delinquent 90 days after the date of invoice. All reasonable legal fees and costs incurred in the collection of delinquent dues, assessments, and fees, including reasonable legal fees where suit has been filed, shall be assessed against the delinquent Member. Nonpayment of any assessments or fees may result in suspension of privileges.
CHANGES:
1. The Treasurer shall grant a 3% discount on combined sums of the annual dues and assessments to any mMember who pays such sum in full before April 1st of each year. But tThe Treasurer shall impose a 15% penalty on the combined sums of dues and assessments upon any mMember who does not pay such combined sums afterprior to May 12nd of each year.
2. Annual aAssociation dues, deed covenant fees, and major improvement per lot assessments not paid by June 15th shall be considered delinquent. Other fees, fines and assessments shall be considered delinquent 90 days after the date of invoice. All reasonable legal fees and costs incurred in the collection of delinquent dues, assessments, and fees, including reasonable legal fees where suit has been filed, shall be assessed against the delinquent mMember. Nonpayment of any assessments or fees may result in suspension of privileges.