Homeowners Dues Description

2014 Sudden Valley Community Association Dues

 

SVCA Bylaws, Article 111, Section 19 contains the rules governing Annual Dues.

 Currently the following schedule represents the amount of the Annual Dues for the 2014 Calendar year:

             Vacant Lot:  $696.44 per year, billed quarterly at $174.11 per quarter, and $58.04 per month.

             Developed Lot:  $804.77 per year, billed quarterly at $201.18 per quarter, and $67.06 per month.

For the year of 2014, there is an additional Special Assessment that was passed at the 2013 Elections going towards culvert work and road repair. This is billed at a yearly cost of $326 
per individual lot, $81.50/quarter, or $27.17/month.

 Annual Dues payment is due on the 1st day of the calendar year.

 Quarterly invoices are sent out the billing is done in the last month of the quarter for the upcoming quarter. Quarterly payments are due on the 1st month of the quarter and become delinquent, incurring interest charges and a late fee, if not paid by the 30th day of the first month of the quarter.  

Due dates are
 Quarter One Jan. 1st 
 Quarter Two Apr. 1st
 Quarter Three July 1st
 Quarter Four Oct. 1st

30 day grace period; thereafter, 1% finance charge/mo. plus late fees as follows:

  •     $25 late fee after 30 days past due
  •     $35 late fee and $250 lien fee applied after 60 days past due

 

Dues cover three main costs: Operations (day-to-day operational activities, accounting, insurance, grounds maintenance, certain utilities), Capital repairs and replacements and Roads (55 miles of private roads must be maintained by the Association); the cost for the monthly Sudden Valley Views newsletter is also included. For more information on Dues and mandate of services, refer to the SVCA Bylaws, Article III, Section 19.

SVCA accepts Dues payment by check, cash or ACH withholding (automatic withdrawal). For more information on ACH contact the Accounts Receivable department at 734-6430 ext. 214.

Make Checks Payable to SVCA and mail to:
4 Clubhouse Circle
Bellingham, WA 98229

 
 
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