The following is an excerpt from a letter dated November 28, 2001 from the Kenthill Townhomes Board of Directors to Kenthill Townhomes Homeowners:
“The Board of Directors, in preparing the budget for fiscal 2002, determined that a $65,000 special assessment is warranted, to properly fund the exterior painting of the buildings, maintenance needed to the buildings prior to the painting, and the ongoing drainage projects. The special assessment will be a 12 month assessment beginning January 1, 2002 and ending December 31, 2002.”