Lake James Manor

Increase the annual assessment?

Posted in: Danbury
Increase the annual assessment

Proposal

The Trustees are seeking the approval of the Subdivision to increase the annual assessment 50 dollars per year per household for 2006, and the approval to increase the assessment thereafter $10 per year for following 4 years ( 2007,2008,2009,2010).

The Articles of Incorporation, Item 2 of the General Provisions require 50% of the 72 households to approve.

The increase is sought so that we can more adequately address the needs of both pool and pond into the future.

The trustees will be seeking proxy signatures for the 2006 Association meeting. You will be able to sign the proxy document at the pool, or acquire a document from the Trustees.

Proposed future Subdivision Assessements
2006 = $275
2007 = $285
2008 = $295
2009 = $305
2010 = $315


By THE TRUSTEES
Assessments

We need to do something about the pool like get a new fence or fix the concrete pool edge. I hope if this passes, the money will be spent where it needs to be, and not on something nobody cares about.

By JP
Increase Assessment

I would suggest that we have an ''ALL HANDS'' meeting to discuss this. One meeting a year is inadequate to appraise where we stand on any or all issues. Not everyone has a computer and not everyone came to the BBQ... Let's give everyone a fair chance to consider our future. A handout must be hand delivered (by volunteers) explaining where and what time the meeting is going to be held.
  • Stock
  • regal
  • Respected Neighbor
  • USA
  • 4 Posts
  • Respect-O-Meter: Respected Neighbor
Assessment changes

Steve G. I agree with your suggestion about having another meeting. Our yearly meeting in May will come after 2006 assessments have been mailed. In order to change the assessments prior, we will need a special meeting. This will give all residents a chance to focus on this important subject and voice their opinions and vote at that particular meeting. It should happen sometime this winter.
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