Assessment Increase Effective January 1st, 2012

The Board of Directors voted on a 5% increase of the semiannual assessment that became effective on January 1st of this year. The new assessment will be $314.00 due in April and October. At this time, the current BoD would prefer to avoid a special assessment that would be necessary if the Board were to get proposals to repave all parking lots and the main thoroughfare. We believe that an increase in dues will enable the repaving to be done in increments. As has been stated by previous Boards, MWMHOA dues are still among the lowest in our area.