July 2008 Newsletter
Dear Lake James Property Owner:
At the Annual Board Meeting held June 9, 2008, your Board of Directors voted to change the accounting method of the Association from a fiscal year to a calendar year in order to help streamline our financial records. Because of this change the annual association dues will be collected at the beginning of each calendar year. To get this on track and to help alleviate any potential financial hardship to some property owners, we are offering you two options for payment.
Your first option will be to pay July 1, 2008 - December 31, 2008, knowing that in January of 2009 you will be billed for an entire year.
Or
Your second option will be to pay July 1, 2008 - December 31, 2009, knowing that you will not be billed again until January of 2010.
If you do not have a preference, then the second option would be appreciated as this will help reduce the work load on the treasurer.
Your dues cover expenses such as water added to the Lake, grounds maintenance and watering of common areas, annual holiday party, mailings, planned upgrades to the front entrance and lake access paths.
If you have questions regarding your bill, please do not hesitate to call Holly Mickelson your Treasurer, 383-6366.
We thank you for your prompt payment. Please remit payment to before July 1st:
Lake James Recreational Facilities, Inc.
c/o H. Mickelson, Treasurer
4111 Lebanon
Edinburg, TX 78539-7718
Email:
