Reserve Payback: Last Part of Special Assessment Due September 1st, 2026
At the April 2024 LBV Board meeting, the Board approved a $125.00 Special Assessment due by September 1, 2026. Payments made after September 15th will be considered late payments.
The Board strives to keep special assessments to a minimum as much as possible and appreciates your understanding. The assessment is needed to pay back the Reserve account. Reasons for needing to borrow from the Reserve account were increases in utility costs (gas, electricity, and water) and ongoing maintenance of the buildings.
If you have any questions regarding this Special Assessment, please contact Chris at
christine@assocmc.com or 916-565-8080, ext. 306