December 4, 2008

Clarification on the HOA Invoice

Good to see that the blog is being read - thanks for the comments on the first posting. I wanted to answer Chanti's question about the HOA dues.

There was a $50 increase in HOA dues over the amount required last year. In other words, it went up from $240 to $290. That was to cover the increased costs of the landscaping, since nearly everyone raised their prices due to the gas hikes up to $4/gallon earlier this year.

There is also a separate $50 special assessment fee which is to repay the loan that Javier took out to pay ACE Fencing for the "common fences" repair. Thus, your invoice this year is for the increased dues of $290 plus the $50 special assessment fee = $340 due by January 1, 2009.

I noticed on the way to work this morning, driving down Furman, that nearly all the fences back there have the cap that seemed to be the distinguishing characteristic Billy said for those fences that would/would not be repaired. Someone did ask about the fences facing Furman Street, and Billy said that they were excluded because the builders had installed those fences. But I agree with the questioner's comments at the meeting that Furman is going to become a major thoroughfare into the neighborhood - especially after the shopping strip is completed at the corner of Almeda-Genoa. Perhaps we should revisit this issue with Billy and get those fences repaired as well?

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