|
The following policy was adopted by the board on May 10, 2003.
“One-year of assessments owed:
Per WBL By-Laws Article III Section 4 and Article XIV Section
3:
Member will lose all membership privileges, including but not
limited to the use of the clubhouse, lakes, campground and
pavilion, serving on any committee, voting during elections
and permits for property improvements will not be issued.
Public comments stated at Board Meetings by property owners
with unpaid assessments will be recorded as having been made
by a “member not in good standing”. Suspension of membership
will remain in effect until any and all lot assessments,
interest and fines are paid in full or a monthly or quarterly
payment agreement has been signed and adhered to. Privileges
will be suspended for violation of any agreed upon payment
plan. Payment plan will require all owed assessments be paid
in full before the end of the current fiscal year. A
payment-processing fee will be added to each monthly or
quarterly payment.
More than one year of assessments owed:
A lien will be placed against property and outstanding
assessments will be reported to credit agencies to reflect as
an unpaid debt on credit reports.
Lots with assessments of two years or more unpaid shall be
brought before the Board of Directors. At this point the Board
of Directors may choose to take legal action that may include
the foreclosure of property and garnishment of wages.
Collection of assessments may also be turned over to a
collection agency. All fees incurred by the Association during
collection will be added to assessments owed. Property owners
may choose to turn ownership of lots with unpaid assessments
over to the Association as payment.”
If
you have any questions about this policy, please contact the
office. |
