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2025 Special Assessment

Date: March 25, 2025

The Board of Directors, in an open meeting held on March 4, 2025, reviewed all estimated budget expenses pertaining to the Golf Course for 2025 and determined the current assessment rate is not sufficient to sustain the expenses and operating budget of the golf course. The Board of Directors voted unanimously to approve a Special Assessment in the amount of $425.00, which will be due on or before May 15, 2025.

A Special Assessment in the amount of $425.00 is due on or before May 15, 2025.

Article VIII Association Finances. 8.3. Special Assessments.

In addition to other authorized assessments, the Association may levy Special Assessments to cover unbudgeted expenses or expenses in excess of the amount budgeted. Any such Special Assessment may be levied against the entire membership, if such Special Assessment is for Common Expenses. Except as otherwise specifically provided in this Declaration, any Special Assessment shall require the unanimous vote or written consent of the Board of Directors. Prior to the Board consider and approving any increases in assessments and/or levying of special assessments, the Board must do so in an open meeting for which prior notice was given to Owners in compliance with the Texas Property Code. Special Assessments shall be payable in such manner and at such times as determined by the Board and may be payable in installments extending beyond the fiscal year in which the Special Assessment is approved.

Should you have any questions, please contact Essex Association Management, L.P. by visiting www.theresortateaglemountainlakehoa.com and following the prompts to submit a web submission under the “Contact Us” tab. You may also make your payment using the link to pay your HOA dues online.

The Resort at Eagle Mountain Lake HOA