2015 Budget and HOA Dues Announcement

December 1, 2014

Dear Pembrook Woods Homeowner,

          Enclosed is the Approved Budget for 2015. This budget provides for the Annual

Assessment to remain at $271.00. The annual assessment will enable the

Association to provide landscaping and snow removal services to the common areas

and fund the reserve accounts.

         You will receive a billing notice for the payment of your Annual Assessment in

December 2014. Your assessment is due on the first (1st) of January, 2015 and late if

not received and processed by February 28th, 2015. A one- time late fee of $10.00 and

interest of 1.5% will be charged to your account if your assessment is not paid and

processed by February 28th, 2015.

Sincerely,

Elizabeth Betancourt, CMCA®, AMS®

Community Manager

For the Board of Directors