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3/5/2012 11:36:09 PM
 
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Section 5: OPA Board Subject: OPA Loses IRS Case Msg# 823695
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Special assessment or no special assessment, you and I and all association members who have lived here for ten years have already paid the tax bill ... in advance, figuring $1 a month for 10 years.
If you figure $2 a month for five years, then everyone who owns here for at least five years have already paid. In short, most association members will be out of pocket $120 if the money is taken from reserves. Those buying property here today will be zero out of pocket for the prior taxes. |
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For reference, the above message is a reply to a message where: Linda: There is no way possible that there should be a special $1,000,000.00 assessment on the membership when we have $4,000,000.00 in the bank. Even King Peter couldn't sell that kind of nonsense. Marty |
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