See Covenants and HOA Bylaws for more details.
01 December
Owners to have received written notice of upcoming Annual Assessment. Payment of such Assessment shall not be deemed past due for any purpose if paid by the Owner within (30) days after the date of actually mailing of such notice.
01 January
Annual Assessment of $200 per lot, per year, is due and payable.
16 January
Late Notice is sent to the homeowner(s) requiring full payment. A late fee of Twenty-Five Dollars ($25.00) and all costs of collection thereof, including attorneys' fees, shall bear interest from the date of delinquency until paid at the maximum rate allowable under applicable usury laws, at this time.
NOTE THAT ASSESSMENT AND OTHER CHARGES AND COSTS BEAR INTEREST AT THE RATE OF TWELVE PERCENT (12%) PER ANNUM UNTIL PAID IN FULL.
Pursuant to Sections 12A and 12F of the St. Claire Place Declaration of Covenants, Conditions and Restrictions (CC&R) and. Sections 11.02 and 11.07 of the St. Claire Place Bylaws.