Tuesday, October 7, 2014

Capital Assessment Clarification

I am writing this email to clarify some questions on the capital assessment starting in January 2015.

The capital assessment will be a quarterly assessment as follows:
Golf            $136.00
Social         $122.00

The summer capital assessment of $200.00, billed $50.00 a month for 4 months, will be discontinued.

This quarterly capital assessment is for debt service and will also contribute to our normal capital fund. This assessment will continue for 5 years.

If anyone would like to pay the quarterly capital assessment in an upfront payment, the amounts are as follows:
Golf                       $2,500.00
Social                   $2,250.00

Please contact Kelly at 828-680-9771 or khdwlcc@ccvn.com if you would like to pay the assessment in a lump sum. This information will  be helpful in budgeting the capital project.
  
Sincerely,
Ken Faliero
Wolf Laurel Country Club Treasurer

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