After careful review of the 2016 proposed budget at the October and November 2015 meetings, the Board of Directors has deemed it necessary to increase the annual assessment (dues) for 2016. The increase is to have appropriate funds for capital improvements of the commons area and establishing a reserve fund to be compliant with current Texas State Law. The annual assessment will increase from $360 per lot, per year to $400 per lot, per year. The $40 per lot, per year increase will be used specifically for these purposes.
The Board would like to remind members of the payment policy of annual member assessment (dues). While the annual assessment is due on January 1st of every year, members have the option to pay their dues either annually or semi-annually as follows:
Annually: members desiring to pay annually should pay the full amount of $400 on January 1st and no later than January 31, 2016.
Semi-Annually: members desiring to pay semi-annually should pay $200 on January 1st and no later than January 31, 2016; and $200 on July 1st and no later than July 31, 2016.
Make your assessment check payable to:
Rosebrook Homeowners Association, Inc.
c/o Rose City Property Management, Inc.
100 Independence Place, Ste 301
Tyler, Texas 75703
(Please note that a $15 late fee per month will be charged if payment(s) are not received by the last day of the month during which they are due. Late Fee Policy effective as of December 1, 2014.)
The Board would like to remind members of the payment policy of annual member assessment (dues). While the annual assessment is due on January 1st of every year, members have the option to pay their dues either annually or semi-annually as follows:
Annually: members desiring to pay annually should pay the full amount of $400 on January 1st and no later than January 31, 2016.
Semi-Annually: members desiring to pay semi-annually should pay $200 on January 1st and no later than January 31, 2016; and $200 on July 1st and no later than July 31, 2016.
Make your assessment check payable to:
Rosebrook Homeowners Association, Inc.
c/o Rose City Property Management, Inc.
100 Independence Place, Ste 301
Tyler, Texas 75703
(Please note that a $15 late fee per month will be charged if payment(s) are not received by the last day of the month during which they are due. Late Fee Policy effective as of December 1, 2014.)
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