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Very good news on the
The UDI Oak Timbers RENOVATION Special Assessment budget was announced in a posting by the UDI Oak Timbers board president Sheri Lundstrom on September 13, 2012 which are vastly lower compared to the projected Special Assessment budget amounts first posted on the Christmas Mountain Website back on back in April 2011. The UDI Oak Timbers approved Special Assessment budget came in at $2,485 which was less 49% of the first projected Special Assessment budget of $5,100 per ownership. The Oak Timbers UDI Oak Timbers Special Assessment budget will be $2,485 or $828 per year for 3 years with no interest . . A letter should be going to owners in the next few weeks. The billings will be sent out on about Nov 1, 2012 but the first payments will be not due until Jan 1, 2 013.. Renovation starts right after thanksgiving and goes into March.
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Fairly good news on the The UDI Cottage Special Assessment budget was a posting by Cottage board member Sheri Lundstrom
on September 13, 2012 which are vastly lower compared to the projected Special Assessment budget amounts first posted on the Christmas Mountain Website back on back in April 2011. The UDI Cottage approved Special Assessment budget came in at $3,093 for a UDI Cottage which was over 14 % less the first projected Special Assessment budget of $3,600 per ownership.
The UDI Cottage Special Assessment will be $3,093 for a UDI Cottage or $1,031 per year for 3 years with no interest. . A letter should be going to owners in the next few weeks. The billings will be sent out on about Nov 1, 2012 but the first payments will be not due until Jan 1, 2 013.. .
The reason for the difference. Defaults in the Cottage UDI inventory. Eventually we will get the default problem resolved as we move ownerships to new owners. Hopefully once this renovation is done it will be more appealing for more buyers. Renovation starts right after thanksgiving and goes into March.
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As a personal observation IMHO Sheri Lundstrom did a great job and service for other owners spending lots of hours and hours since April 2011 when first elected on the Cottage board and helping to move ownerships to new owners and addressing other areas .
Bruce
The UDI Oak Timbers RENOVATION Special Assessment budget was announced in a posting by the UDI Oak Timbers board president Sheri Lundstrom on September 13, 2012 which are vastly lower compared to the projected Special Assessment budget amounts first posted on the Christmas Mountain Website back on back in April 2011. The UDI Oak Timbers approved Special Assessment budget came in at $2,485 which was less 49% of the first projected Special Assessment budget of $5,100 per ownership. The Oak Timbers UDI Oak Timbers Special Assessment budget will be $2,485 or $828 per year for 3 years with no interest . . A letter should be going to owners in the next few weeks. The billings will be sent out on about Nov 1, 2012 but the first payments will be not due until Jan 1, 2 013.. Renovation starts right after thanksgiving and goes into March.__________________________________________________ __________________________________________________ __________________________________________________ _________________________________________
Fairly good news on the The UDI Cottage Special Assessment budget was a posting by Cottage board member Sheri Lundstrom
on September 13, 2012 which are vastly lower compared to the projected Special Assessment budget amounts first posted on the Christmas Mountain Website back on back in April 2011. The UDI Cottage approved Special Assessment budget came in at $3,093 for a UDI Cottage which was over 14 % less the first projected Special Assessment budget of $3,600 per ownership.
The UDI Cottage Special Assessment will be $3,093 for a UDI Cottage or $1,031 per year for 3 years with no interest. . A letter should be going to owners in the next few weeks. The billings will be sent out on about Nov 1, 2012 but the first payments will be not due until Jan 1, 2 013.. .
The reason for the difference. Defaults in the Cottage UDI inventory. Eventually we will get the default problem resolved as we move ownerships to new owners. Hopefully once this renovation is done it will be more appealing for more buyers. Renovation starts right after thanksgiving and goes into March.
__________________________________________________ __________________________________________________ __________________
As a personal observation IMHO Sheri Lundstrom did a great job and service for other owners spending lots of hours and hours since April 2011 when first elected on the Cottage board and helping to move ownerships to new owners and addressing other areas .
Bruce
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