12-17-2017, 05:37 AM
There is no requirement under the existing bond for the dues to increase annually. I was there when the representative from the bond company addressed a general meeting and said so. (In fact, I'm pretty sure there was at least one year since then when dues did not go up.) He did say, however, that the funds would not pave all the roads and that we would be foolish not to pave the highest maintenance gravel roads first with the money we had. The BOD then proceeded to not follow that advice through several phases of paving in which they were all over the map in terms of priorities. The directors at that point behaved in a more civil manner than we have become used to, but they weren't any smarter.