Martinique Condo Home Owners Association
Special Assessment, June 4, 2002
Jun 13, 2002
To: Martinique Board of Directors
From: Tim Bober, Treasurer
June 4, 2002
Cost of items to be covered under special assessment:
Cladding all elevator fronts in stainless steel $19,995.00 (as per contract)
Plexiglass around pool equipment 1,000.00 (estimate)
Water- and weather-proof all railings 2,500.00 (estimate)
Paint stairwells, rust-proof and paint pipes
as recommended by the Maintenance Committee 885.00 (estimate)
$24,380.00
Less money in reserve account for elevators 3,500.00
Estimated special assessment $20,880.00
Special assessment of $20,880.00 divided by 24 units = $870.00 per unit
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