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Newsletter: Read the October 2009 Newsletter.

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A big thank you to Lois Chatfield and her fabulous Election Committee (Wendy Pauluk, Ha ... (read more)

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| 04 Sep 10

February 2007 Newsletter

Topics Discussed

Special Assessement Report

Greetings! Hope that all members of the Garden Park community are doing well. The purpose of this letter is to give everyone a quick update on the special assessment.
Garden Park Special Assessment Report
Through January 31, 2007

TOTAL ASSESSMENT COLLECTED $66,731.00
Assessment Expenses
Roof Replacements $20,000.00
Electrical Upgrades $717.00
Assessment in Reserves
Amount transferred to savings $35,000.00
In TPM Operating $11,014.00
TOTAL EXPENSES & RESERVES $66,731.00

Brief Summary of Assessment:

As shown above, $66,731 has been collected thus far. The $20,000 allocated for roof replacements was spent on two buildings last fall. There has also been $717 spent on electrical upgrades. Under the direction of the Finance Committee, $35,000 was transferred to the Garden Park CD's and savings account. This will gain interest until warmer weather permits us to continue the assessment upgrades. There is also $11,014 recently collected assessment dollars in the TPM account.

Remaining Special Assessment Upgrades to be completed this Spring-Fall 2007

$21,000-Painting
$15,000-Asphalt
$10,000-Fence Repairs
$5,500-Concrete Repairs
$29,300-Electrical Upgrades
Please contact me if you any questions about the status of the special assessment.

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