$500 assessment
The BOD has voted to assess all applicable members up to $500 to cover costs related to the recent storm.
See the related text of the email from Don Hunter below
As you know, the storm left its mark, with building damage, downed trees, and other unforeseen issues. We anticipate more trees to fall in the coming days. Unfortunately, some of the roof damage and other repairs we face are below the named storm deductibles, leaving us with financial challenges that our current budget did not foresee.
In light of these circumstances, the Board has made the difficult but necessary decision to implement a one-time “Hurricane Debby” assessment of up to $500 on the August billing based on Member/Owner category. This measure will allow us to address the storm-related issues head-on, ensuring that we do not defer any repairs moving forward. Our commitment to making Haig Point an "employer of choice" in the area remains strong, and as such, a portion of these funds will also support those employees who lost work opportunities due to the storm, as well as recognize those who volunteered and went above and beyond the call of duty.
We also acknowledge the unrealized revenues from guest rentals, food and beverage services, golf rounds, and transportation income. The storm’s interruptions have had a negative impact on our staff’s ability to operate, and we are committed to mitigating these effects as best we can.
Our CFO, Joe Svitek will send a follow-up letter outlining the full costs from the event and the pro-rated assessment amounts as the information is available.
I'm waiting for the follow up letter from Joe detailing what the full costs associated with the assessment actually are.
Any idea what the total sum of the assessment will be with 100% membership contribution? Don't recall the signature membership #