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HomeMy WebLinkAbout0861(d) Special assessments, when required by the Board of Directors, shall be levied and paid in the same manner as regular assessments, unless the Declarations of Condominium shall otherwise provide. The Board of Directors may make special assessments in emergencies and upon such conditions as the Board may authorize. (e) When the Board of Directors had determined the amount of any assessments, the Secretary or Treasurer shall transmit a statement of such assessment to each condominium parcel owner. Al1 assessments shall be made payable to and at the ~ office of the Association and upon request the Secretary or Treasurer shall give a receipt for each payment made. . (f) Assessments are necessarily made upon projections and estimates of the Board of Directors, and may be in excess of or less than the sums required to meet the cash requirements of the Condor.~iniums, in which event the Board of Directors may increase or decrease the amount of an assessment, and make such adjustments in cash or otherwise, as they shall deem proper, includinq the assessment of each member of his proportionate share of any deficiency. Notice of all changes in assessments shall be given to all unit owners. (g) Assessments shall not include charges for utilities separately charged and metered to each condominium unit, nor charges.for such alterations, repairs, maintenance, improvements or decorating within the interior of any unit as are the obligation of the unit owner and not the obligation of the Association. The Board of Directors may provide certain maintenance and repairs as would otherwise be the obligation of the individual unit owners, by the undertaking of contracts with business establishments providing repair and maintenance services, and in such cases the cost or price of such contractual services may be treated as a common expense and assessed against the members as part of their quarterly maintenance. The specific contracts or undertakings need not be submitted by the Board of Directors to the membership for approval once the membership has approved the policy of having a specific type of repair or maintenance undertaken by the Association which would otherwise be the individual unit owners' responsibility. (h) Assessments are due on the dates stated in the notice of assessment, and thereafter shall bear interest at eighteen per cent (18$) per annum until paid. (i) In the event an assessment is not fifteen (15) days of the date it payable, the Association through Directors, may proceed to enforce paid within is due and the Board of and collect said -12- ~ ~ a a §_ ~ _ :a ~~~r.~ ~`:~~' a~z. '~.~.v. .. _ . _ _ " . FEE. KOBLEGARD 8c TEEL. P. A. ATTORNEV8 AT lAW POST OFfICE BOX tOGO FORT PIERCE. FLORIDA »4~J0 T[t[~NONC, (3051461•5020 ~3~5 P~ 859 .~~ ~~ ~ .