Sep 27, 2006

Dues are due by Oct. 1

The quarterly dues for the Terrace at Highpointe Homneowners Association are due in the hands of Treasurer Kathy Murray Wade by Sunday, Oct. 1.

If you haven't mailed your check, made out to the Terrace H.O.A. in the amount of $320, please do so immediately.

Under our bylaws, the Board can assess a 15% late penalty for any dues 12 or more days in arrears.

There is a practical matter for that penalty. Because our association is self-funded, late dues payments adversely affect interest paid on the Association's bank account. In other words, paying late ends up costing everyone.

Thank you.

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