About July 25, 2014 each Homeowner received by 1st class mail a letter regarding a Dues Increase for January 1, 2015. Just a reminder, when the year 2014 began, it represented the 5
th year without having to increase the HOA Annual Assessment. Especially important to note is that the Board of Directors plans to continue to avoid special assessments to fund investments (capital expenditures). Even so, we need to remove and replace 28 year-old Community physical assets because of deterioration. Such construction projects tend to be 5-8 times more costly than normal operational maintenance. Please join a majority of SMVE HOA members who pay their assessments either early or right on time, January 1st. Thank you.
