December 14, 2007

Dear Unit Owner:

            There was a duly legal meeting on December 13, 2007 at 8:00 p.m. for voting on a budget with reserves or a budget without reserves, and the issuance of and audited financial report.  The voting results are as follows:

RESERVES

Without                                                                                   With                                                                               

   121                                                                                            7

AUDITED FINANCIAL REPORT

NO                                                                                            YES

99                                                                                              28

            Pursuant to the duly approved budget without reserves, the new monthly maintenance fees are as follows:

 

                   ONE BEDROOM                    $263.55

                   DELUXE STUDIO                 $256.23

                   STUDIO                                    $246.61

            These amounts are effective as JANUARY 1, 2008.  Each unit owner will receive an un-audited financial report as mandated by State Law.

            If you have any questions, contact the office. 

BOARD OF DIRECTORS

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