Policy 02 - Trading for Credit Toward Annual Assessments
Policy #002: Trading for Credit toward Annual Assessments
Revision Date:
Original Date Established: 2004
Objective: To assure “the equitable sharing of expense” and financial clarity among the persons benefiting from the road system.
Policy and Procedure:
No property owner shall be permitted to donate work, time or materials for credit towards their annual property assessment. All property-owners shall pay their billed assessment in full without exception. Any work, time or materials donated to the community shall be “donated exclusively” by the good-will of the property owner and for no remuneration of any kind. Volunteer efforts are appreciated and encouraged while no financial compensation shall be made.
Should property owners wish to provide services to the community for remuneration, they must follow the normal protocol of submitting a written bid to the Committee for written approval prior to beginning any work. The Committee can then consider whether or not they wish to contract for the work and accept the bid in question. No property-owner will be credited, reimbursed or paid without prior written acceptance of their bid from the committee.
The Committee shall NOT be held responsible for payment of any work for which it did not issue written approval. No verbal authorizations/acceptances will be considered valid.