The Seven Lakes Landowners Association will offer three options for payment of dues in 2014. Members may choose one of three options that will be in effect for the entire year. Treasurer Conrad Meyer provided to following rundown:
1. Annual Payment Option
- One-statement - payment in full
- Payment Methods - Check, On-line billpay, and CAS website
- Payment sent to lock box with statement
- CAS financial reports will reflect payment as “pre-payment”
2. Monthly Payment Plan Option 1
- Monthly auto draft
- Monthly payment charged at 1/12 of total annual assessment
- CAS $50 administration fee per account
- 1% per month interest applied to the lot owner account on outstanding balance
- Payment due in full by the end of fiscal year
3. Monthly Payment Plan Option 2
- Monthly payment with check
- Monthly payment charged at 1/12 of total annual assessment
- CAS $50 administration fee per account
- 1% interest per month applied to the outstanding balance
- Payment due in full by the end of the fiscal year
