Monthly Payment Process

December 3, 2005 by
Filed under: Board Notices 

December, 2005

re: MONTHLY PAYMENT PROCESS

Dear Homeowner:

Enclosed is your 2006 budget and coupon book with address labels located in the front of the book for your convenience. We are pleased to advise that our monthly assessment fee has remained unchanged at $175.00. Please ensure that your monthly fee payment is mailed directly to our bank’s lock box as follows:

Riverbend Townhouse Owners Association
P. 0. Box 23103
Newark, NJ 07189

By no later than the first of each month, you should mail your check, made payable to Riverbend Townhouse Owners Association enclosing the applicable month’s coupon. Please ensure that your unit address is clearly indicated on the check so that appropriate credit can be applied to your account.

Please note that if your payment is not received by the 15th of the month, or if any balances remain outstanding on the 15th of the month, a $15.00 late fee will be assessed to your account.

For those homeowners who have elected electronic funds transfer (EFT) for their monthly fee payments, please retain your books in case you choose to revert back to the manual payment method or you sell your home in the upcoming year.

If you are in need of additional information, please feel free to contact Executive Property Management with any questions you may have relating to the administration, operation and management of our community.

Very truly yours,

Board of Trustees
Riverbend Townhouse Owner’s Association

(See over for Budget)

Webmaster’s note:
In rendering this information for the Web, the coupon book is not included. Additionally, in considering that this site is available over the Internet to anyone and everyone, the 2006 budget is not included either. You may request a PDF copy via email. Please include your unit number as a simple verification of residency. In accordance with this site’s privacy policy, your request is always held in the strictest confidence, and never used to generate spam or otherwise abused.

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