The following went out to ALL CSM property owners on November 21, 2017
Dear Fellow CSM Residents,
Attached is your invoice for the paving project special assessment (levied at a uniform rate of $3,900 per lot).
As CSM owners, we all have both the right to use, and the joint obligation to maintain, our roadways. To date, residents have opted to fulfill that obligation by periodic repairs/regrading of our shell/dirt roads, supported by annual assessment paid by all residents (including non-CSM members). At this year’s annual meeting, after input from the Road Study Group, the membership voted overwhelmingly to approve a special assessment to pave our roadways. Following receipt of the required permits, the Board recently approved the budget for the paving project and fixed the member-approved special assessment required to pay its cost (including a contingency).
The special assessment is due December 11, 2017. Under the CSM covenants, payments not received within 10 days of that due date will incur an 18% per annum late charge. We hope not to have to impose late charges or other remedies against any resident. Our goal is to move forward ASAP with the paving project and we thank you in advance for your prompt payment.
Lisa Schmidlin
On behalf of the CSM Board