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Tuesday, February 24, 2015

RESIDENT QUESTIONS THE BOARD REGARDING ASSESSMENTS





THE FOLLOWING LETTER TO THE BOARD HAS BEEN PROVIDED TO THE BLOG, BY THE RESIDENT WRITER.   AS ALWAYS, THEIR NAME HAS BEEN REMOVED.

Date:Sunday, February 22, 2015 9:26 AM
From:
To:WPA Office <wedgeassoc.com@frontier.com>
Subject:Annual Assessments paid with partial payments?
Kathy, please copy this email and distribute a copy to each Board member and the WPA correspondance file.
 
During our February Board meeting, and during a discussion of paid yearly assessments, it was revealed that some WPA members paid their yearly assessments in parts, rather than as one lump sum.
The WPA Policy manual, currently on the WPA website, makes no mention that such partial payments are permitted. How does this "Sub Rosa" action exist outside the Policy Manual rules? 
 
And a related question: how are the "late fees" penalties for these members handled - considering that they would probably appear to pay for these penalties as well.   
 
How many members (expressed as the # of lots or condo units) paid their assessments in this manner in 2014? In 2015 collected to-date?
 
I appreciate an answer to these questions.