Cohousing-L Mailing List: Re: Monthly dues

[Marty Roberts (MartyR]

Wow!  $600 a year - such a deal.  Here at Two Acre wood, we are a homeowners
Assoc and so regulated by the State.  They require certain things to be
covered like reserves to repair roofs and other wear and tear.  Also all the
common expenses are paid - site maintenance, energy and water bills, etc.
Also fire insurance for all buildings since we have attached units.
We pay from $150 to $225 per MONTH for our dues.  We also have been able to
use some of this money to upgrade our Common house - like window coverings
and new ovens etc.  And each committee has an operating budget financed from
the dues.

Marty Roberts
Two Acre Wood Cohousing, Sebastopol, CA

> From: cohousing-l-request [at] cohousing.org
> Reply-To: cohousing-l [at] cohousing.org
> Date: Wed, 27 Feb 2002 12:01:01 -0600 (CST)
> To: cohousing-l [at] cohousing.org
> Subject: Cohousing-L digest, Vol 1 #409 - 7 msgs
> 
> We do an annual assessment for our Association Fees at Alchemy Farm.  Each
> lot owner is assessed equally.  Last year's assessment was $600.  We do have
> a rental apartment and some occasional rentals of common space in our Common
> House that offsets some of our costs.
> 
> Since we are a lot development model, we aren't responsible for exteriors of
> individual homes, but our common house is a retrofit of a large barn and we
> need to be putting money aside for reserves.  (not enough IMHO).
> 
> Karen

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