Summary of Ridgewater Specific Assessments Guidelines and Policy 10.30.2025

Dear Residents:

Please know, our Association is authorized to impose Specific Assessments on individual Lots to cover certain costs. These assessments can be levied for various reasons, including providing special services requested by the Lot owner, such as landscaping, garbage collection, pest control, and internet services. The Association may charge these assessments in advance as a deposit for the services. Additionally, Specific Assessments can be used to cover expenses related to bringing a Lot into compliance with the governing documents or costs resulting from the actions of the Lot’s owner or their guests. Furthermore, any fines imposed by the Association are also considered Specific Assessments

This policy is based on CC&R ARTICLE 8: ASSESSMENTS, dated January 4, 2018, sections:

ARTICLE 8: ASSESSMENTS

8.5 Specific Assessments. The Association shall have the power to levy Specific Assessments against a particular Lot or Lots as follows:

(a). to cover the costs, including overhead and administrative costs, of providing benefits, items, or services to the Lot(s) or occupants thereof upon request of the Owner pursuant to a menu of special services which the Board may from time to time authorize to be offered to Owners and occupants (which might include, without limitation, landscape maintenance, garbage collection, pest control service, cable, digital, satellite or similar television service, internet, intranet, and other computer related services, security, caretaker, fire protection, utilities, and similar services and facilities), which assessments may be levied in advance of the provision of the requested benefit, item or service as a deposit against charges to be incurred by the Owner;

(b). to cover all costs incurred in bringing the Lot(s) into compliance with the terms of the Governing Documents, or costs incurred as a consequence of the conduct of the Owner or occupants of the Lot, their agents, contractors, employees, licensees, invitees, or guests.

In addition, fines levied by the Association pursuant to Section 4.3 shall constitute Specific Assessments.

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