This is an excerpt from a letter that was sent to Kenthill Townhomes homeowners on December 29, 2005 (from our former property manager).
"It has been brought to my attention that there are some questions as to how the Board of Directors came to the decision of raising the homeowner’s dues in 2005 by 10%. Enclosed please find copies of the minutes dated August 2004 through November 2004. If you read these minutes carefully you will see the Board’s discussion of projects, maintenance items, shared expenses and utility costs increases.
It was necessary to raise the dues in order to keep up with the current roofing schedule, utility costs, and maintenance items for 2005, including special projects. The board also wants to continue to build a healthy reserve for the future.
I hope this clears up any questions you might have had. Thank you for your understanding and cooperation."
