![]() ![]() Section 5: OPA Board Subject: Rakowski Motion CC Fees Msg# 1215707
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Ken, this is an ill thought out proposal/motion - to say the least.
It has all the earmarks of a knee-jerk reaction, perhaps related to bylaws and/or b&f committees. |
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For reference, the above message is a reply to a message where: If 8000 owners decide to pay via CC then the potential operational expense is around $240,000! Here is another wrinkle if I've got this right. When I pay my annual assessment, I include annual swim membership. So, instead of paying $850 this past April, I paid an additional $575 for the swim membership for a total $1,425. Assuming rates don't change, will I be able to pay all $1,425 by credit card without the 3% fee in April 2025? If yes, won't OPA have to absorb the 3% fee on my additional $575? These annual membership dues, generally paid at the same time as assessments, are not insignificant. Racquet sports is around $120,000. Aquatics around $350,000. Golf around $180,000. Beach parking around $500,000. |
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