Eddisto Plantation Homeowners Association

2006 Homeowner dues increase passed at Annual Meeting

Notification and Collection Plan

·N&H to send out dues notice to each homeowner/lot owner and collect dues for increases approved at annual meeting. ($172.92/lot) ($100 + 7/12 x $125) for CY 2006 (Due date July 24th)

DUES INVOICE & COLLECTION PROCEDURES
The annual homeowner’s dues for 2006 are: (changed at annual meeting on April 23, 2006)

· $ 557.92/lot for Governor’s Creek lots - $385 already billed unbilled balance is $172.92/lot.
· $ 432.92/lot for all lots other than Governor’s Creek - $260 already billed; unbilled balance is
$ 172.92/lot.

The procedures outlined below were established for the collection of dues.

·June 9th: Mail original invoice with due date of 45 days (July 24, 2006).


·July 25th: Mail 2nd invoice to any homeowner that has not paid with late fee of $25.00.

·August 7: Mail 3rd invoice to any homeowner that has not paid. Invoice will show interest for month of July, late fee and a statement that the unpaid invoice will be filed with the magistrate seeking a judgment against their property on September 7, 2006.

·September 7th: Mail invoice with interest for the month of August plus late fee, prior month’s interest and the magistrate filling fee.

·October 1st: Interest for September will be added to any uncollected invoices.

·November 1st: Interest for October will be added to any uncollected invoices.

·December 1st: Interest for November will be added to any uncollected invoices.

·January 1st: Interest for December will be added to any uncollected invoices.

·Repeat process until invoice paid.

PAYMENT ADDRESS
Checks are to be made payable to the Eddisto Plantation Homeowners Association and mail to:

Eddisto Plantation Homeowners Association
Post Office Box 1184
Orangeburg, South Carolina 29116-1184

or

Eddisto Plantation Homeowners Association
396 St. Paul Street, Suite 200
Orangeburg, South Carolina 29115


If you have any questions regarding dues, please contact Denise Holley with N&H Enterprises at 803-536-1056 or contact any board member.