Annual Disclosures

 

1.      The Pine Terrace fiscal year is January 1 to December 31.

2.      The 2009 Annual Budget, Click Here To View 2009 Annual Budget.  

3.      Current Assessments – 2009

·        The annual assessment for the year 2009 on improved lots is $5,100 ($425/Month), unchanged for nine years.

·        The annual assessment for the year 2009 on unimproved lots is $2,040 ($170/Month), unchanged for nine years.

·        The annual assessments are payable, monthly, on the 1st day of each month.

·        Annual assessment charges are determined by the Board of Directors at the time the Budget for the next year is approved.

·        The budget for 2010 will be determined and the annual assessment for the year 2010 will be set by not later than December 31, 2009 .

4.      The 2008 Annual Financial Statement.  Click Here To View 2008 Financials.

5.      The 2008 Financial Review.  (This is being prepared now.)

6.      Board Meeting minutes for 2008.  Click Here To View 2008 Board of Directors Minutes

7.      The name, address and phone number of the Association and its managing agent:   
    Pine Terrace Homeowners Association
    P.O. Box 60292
     Colorado Springs , CO   80960
    Dan Rees, Property Manager, 719-291-2371

Web site:  www.PineTerrace.org 

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