Cohousing-L Mailing List: Re: Changes in condo fee if a unit is expanded?

[Sue STIGLEMAN (sstigleman]

We revised our Declaration. Here is the new text:  

Item 5. ASSESSMENT AND COLLECTION OF COMMON EXPENSES [Item 5 was replaced in 
its entirety in the 3/19/2016 amendment]
   
   - Purpose of Assessments.  The assessments for common expenses as described 
in Section 47 F-3-115 of the North Carolina Planned Community Act and as 
otherwise provided for in the Association’s governing documents shall be used 
for the general purposes of promoting the recreation, health, safety, welfare, 
common benefit, and enjoyment of the Owners and occupants of Lots in Westwood 
Cohousing Community as may be more specifically authorized from time to time by 
the Board.
   - Apportionment of Common Expenses.  Common expenses shall be assessed 
against all Lots as follows:
   
   - Operating and Reserve Fund Expenditures:  The Association intends to 
fairly allocate the costs of maintaining the Community by means of a formula 
which takes into account the different House sizes and different amenities 
available to the several Lots.  Of the total yearly Assessment, 56% shall be 
assessed to the Lots in equal portions;  28% shall be assessed to the Lots 
proportionately to each House's heated area, as determined by the Board; 8% 
shall be assessed to the Lots proportionately to the area of the wooden or 
composite decks, porches, and stairs attached to each House, as determined by 
the Board; 2% shall be assessed to the Lots proportionately to the area of the 
concrete patios and stairs attached to each House, as determined by the Board; 
and 6% shall be assessed to all Lots except for G24, regardless of whether 
those Lots are being served by the common heat/hot water system, in proportion 
to the heated square feet served by the system as of the date of recording of 
this Declaration amendment, as determined by the Board.  These assessments are 
levied on a monthly basis. 
   -  The costs of utilities shall be assessed in proportion to usage.  The 
Board shall propose formulas for apportioning the costs of natural gas, water, 
sewer, and other utilities, which formulas require the approval of 75% of 
Owners.      

 Sue Stigleman sstigleman [at] bellsouth.net 828-989-9373

 
      From: Elizabeth Magill <pastorlizm [at] gmail.com>
 To: Sue STIGLEMAN <sstigleman [at] bellsouth.net>; cohousing-l [at] 
cohousing.org 
 Sent: Wednesday, January 4, 2017 3:20 PM
 Subject: Re: [C-L]_ Changes in condo fee if a unit is expanded?
   
Our “percentage share” is in our master condo documents. Do you change that, or 
do you have some other way to change the percentage? Or do you just have folk 
pay more than their percentage?

-Liz
(The Rev.) Elizabeth M. Magill
www.ecclesiaministriesmission.org
www.mosaic-commons.org
508-450-0431




> On Jan 4, 2017, at 3:10 PM, Sue STIGLEMAN <sstigleman [at] bellsouth.net> 
> wrote:
> 
> 
> At Westwood Cohousing in Asheville, we have a formula for calculating 
> assessments that takes into account heated square feet in addition to a 
> number of other factors.  We have had some people renovate their units, and 
> it can affect their monthly assessment, as well as the portion of the heating 
> cost that is passed on to them for our central heating system.  If you want 
> more specific details, I can have someone from our finance team send you the 
> formula.  
> 
> --sue
>  Sue Stigleman sstigleman [at] bellsouth.net 828-989-9373
> 
> 
>      From: David Heimann <heimann [at] theworld.com>
> To: cohousing-l [at] cohousing.org 
> Sent: Wednesday, January 4, 2017 3:01 PM
> Subject: [C-L]_ Changes in condo fee if a unit is expanded?
> 
> 
> 
> Hello Everyone,
> 
>    One of our residents is planning to expand their unit by finishing 
> an attic which is exclusive-use common space for them.  This would expand 
> the livable space in the unit by around 350 square feet, or an additional 
> 38% over their current space.  Does anyone on the list know what the 
> impact can be/would be/should be on their condo fee?  Does anyone on the 
> list have experience on this in a condo of theirs, cohousing or not?
> 
> Thanks,
> David Heimann
> JP Cohousing
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