AMOUNT OF ASSESSMENT. 9.1. COVERED ENTITY’S initial assessment amount for FY2024 is set forth in Exhibit A;
AMOUNT OF ASSESSMENT. 8.1. COVERED ENTITY’S initial assessment amount for FY 2022 is set forth in Exhibit A;
8.2. Pursuant to GAA, Article IX Section 15.02(c)(1), COVERED ENTITY shall pay:
AMOUNT OF ASSESSMENT. Each Tract will constitute one “Assessment Unit”. Assessments levied pursuant to Section 4.03 shall be levied uniformly against each Assessment Unit.
AMOUNT OF ASSESSMENT. The amount of the" general or special assessment attributable to each Lot shall be equal to the total amount of such assessment divided by the total number of Lots for which final plat approval has been recorded; provided, however, the amount of the assessment attributable to a Lot with respect to a special assessment made pursuant to Section 9.6.1 shall be as provided in Section 9.6.1.
6. Except as specifically modified herein, all terms, provisions, and conditions of the Declaration shall remain in full force and effect. Declarant: GLACIER RIDGE PARTNERSHIP (LIMITED PARTNERSHIP), a Washington limited partnership By WARJONE INVESTMENTS, INC., Its General Partner STATE OF WASHINGTON ) COUNTY OF KING ) On this 9th day of December, 1992, before me, a Notary Public in and for the State of Washington, personally appeared XXXXX X. XXXXXXX, personally known to me (or proved to me on the basis of satisfactory evidence) to be the person who executed this instrument, on oath stated that he was authorized to execute the instrument, and acknowledged it as the President of WARJONE INVESTMENTS, INC., to be the free and voluntary act and deed of said corporation for the uses and purposes therein mentioned; and on oath stated that he was duly elected, qualified, and acting as said officer of the corporation; that said corporation is the general partner of GLACIER RIDGE PARTNERSHIP (LIMITED PARTNERSHIP), a Washington limited partnership; that said corporation was authorized to execute the said instrument on behalf of said partnership; and that said instrument was the free and voluntary act and deed of said partnership for the uses and purposes therein mentioned.
AMOUNT OF ASSESSMENT. The initial annual assessment and all subsequent assessments shall be fixed by the Board of Directors, giving due consideration to anticipated Association Costs (including reasonable reserves) as determined by the Board of Directors for the next succeeding twelve (12) month period. All assessments shall be payable to the Association. Commencing with the first fiscal year of the Association and for each fiscal year thereafter, the Board of Directors shall estimate in writing the anticipated Association Costs and the same shall be: (i) assessed against each Member in accordance with each such Member’s Proportionate Share and (ii) paid by each Lot Owner not more frequently than quarterly unless the Board of Directors shall otherwise direct, in each case no later than thirty (30) days after the bills are delivered to the Lot Owners in accordance with Section 9.8 below. Such estimate shall take into consideration the cost of or reserves for any contemplated current or future repairs, replacements or renewals. If the assessments levied, paid or collected prove inadequate for any reason (including non-payment of any Lot Owner’s assessment) or fail to provide funds reasonably estimated to be required for the remainder of the Association’s fiscal year, then the Board of Directors may change the total assessments payable hereunder by giving written notice thereof (together with a revised estimate) to each Member not less than thirty (30) days prior to the effective date of the revised assessment. At least once each year the Board of Directors shall deliver to each Member a statement of actual costs for the prior year, along with a reconciliation of estimated assessments with actual costs and reserves. The Board of Directors shall have the power to levy additional or special assessments as it deems reasonably necessary to carry out this Declaration. Each Member’s Proportionate Share of the assessments shall be computed in accordance with the formula set forth in Section 5.1 hereof. Any Member shall have the right to examine the Association’s records relative to any assessment during normal business hours upon reasonable prior notice; provided that said Member bears all costs of said examination. All assessments shall be prorated as of the date title transfers to a new Lot Owner.
