There are several types of assessments.
Base Assessment. This assessment that varies slightly depending upon the size of the homeowner’s lot is the assessment to cover the total budgeted common expenses.
Service Area Assessment. This is an assessment applicable to a subgroup of lots that are part of a particular Service Area. Most of the current lots in Legacy are outside of any of the four existing Service Areas. Those four Service Areas are:
Townhome Service Area. Townhomes are required to pay a Service Area Assessment that covers lawn care and other landscaping, exterior wall painting, roof repair and replacement.
World Cup Neighborhood Service Area. The lots in the portion of Legacy that are accessed by the private street N. World Cup and those other private streets extending from N. World Cup, are required to pay a Service Area Assessment to repair and maintain the private roads, offset sidewalks and other hard surface paths, storm drains, and landscaped portions of the common area within this neighborhood.
Legacy Lake Service Area. Lots that front either directly or indirectly on Legacy Lake are in the “Lake Front Service Area” and are required to pay a Service Area Assessment for the purpose of controlling algae and aquatic plant life on the lake.
Special Assessment. From time to time your Association may be required to levy a Special Assessment for non-routine, unanticipated, common expenses that will usually be a one-time charge. For example, for 2014, the Association levied a Special Assessment to cover what was hopefully a one-time cost of installing aerators in the Legacy Ponds (except Lake Legacy where the Developer paid for the installation of an aerator as part of new development in Legacy).
Specific Assessment. In rare occasions where a lot owner has failed to bring their home and/or landscaping into compliance, the Association has the ability to do the work on behalf of the non-compliant owner and make a Specific Assessment against the owner of that lot to recover the Association’s costs.”
Your annual HOA dues pay the necessary operating expenses that keep our association running; common area maintenance, HOA management, irrigation expenses, improvements, repair reserves, etc. It is everyone’s obligation to pay their HOA dues; it is the HOA Board of Directors’ obligation to ensure consistent collection policies are implemented.