Wednesday, December 3, 2014

2015 Condo Fees; 900 Marshy Cove & Master Association.

Payment Coupons
We at 900 Marshy Cove received payment booklets at the end of October for 2015 fees. As you know they were incorrect. Since receiving multiple calls from 900 Marshy Cove owners, Sentry is in the process of reprinting the booklets.

900 Marshy Cove Condo Association
900 Marshy Cove condo fees have remained unchanged since inception and will remain unchanged in 2015.  This is the result of good cost management by the Board of Directors working with Sentry Management.  Of course owners that keep their accounts current make finances much easier.

Deep Harbour Master Association
Until this year, Master Association fees have remained unchanged. The Master account has been underfunded for several years.  Last year, snow clearing spiked our budget. This year's seasonal predictions look equally burdensome to our financials.

The monthly fee has gone up to cover shortfalls in the Master Association budget.  The Master Board is limited to a 10% increase annually.  Any amount greater than ten-percent requires an owners vote. Since the increase of ten-percent only affects the Master fees, You should see an increase of $8.80 per month or $105.60 per year. (Wait for you booklet to see the precise amount.)

Summary: 
900 Marshy Cove Condo Dues =     $247.00
Deep Harbour Master Association = $ 96.80

Total = $343.80 per month

Send your comments to  mc900@comcast.net

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