Tuesday, February 10, 2009

February 10, 2009

Dear Members:

Last week, the monthly assessment coupon books were sent to all Bear Lake Reserve owners. Since then, we have received many phone calls regarding the statements and courtesy notices that you received. I would like to take this opportunity to explain the billing process.

All assessments are due on the first (1st) of the month. Your payment must have been received and posted by the bank before 12:01 am on the 16th, allowing a fifteen (15) day grace period, before late fees are applied. The Bear Lake Reserve Collection Policy allows for a $25.00 per month, per property late fee plus an 18% per annum late interest fee on the past due balance. New statements and courtesy letters reflecting any late fees or adjustments are generated on the 16th.

We hope this has cleared up some of the confusion that many of you have called about in the past week.

Thank you:


Michael Moore CMCA
Bear Lake Reserve
Community Association Manager

Temporary Membership Agreement

MEMO

To: Bear Lake Owners

From: Mickey Luker

Date: 2/7/09

Subject: Temporary Membership Policy


Greetings from Bear Lake!

Winter ’09 has been cold and icy here in the mountains of Western North Carolina! As much as we enjoy the cooler temperatures, we cannot help but turn our thoughts toward the summer season. We have given serious consideration to the comments and concerns that a few members have expressed regarding Temporary Memberships. After consulting with our team, as well as with NC Alcoholic Beverage Control Commission staff, we have decided to make some changes to the Temporary Membership policy, effective February 10, 2009.

The following amendments have been made to the Temporary Membership Policy:
· Temporary Membership Agreements must be processed at least 72 hours prior to intended use. No exceptions will be made.
· Daily Temporary Membership fees will only be paid for days that a guest utilizes the property’s facilities: The Lake Club, BLR Golf Club, Mill Pond, etc.
· The Temporary Membership rate will now equal 1/30th of the monthly dues assessment ($13/day).
· The fee will be paid at the Lake Club, rather than the Greeter’s Cottage.

As always, if a guest is accompanied by a member, no temporary card is required. However, if there is a circumstance when a guest should choose to use the facilities unaccompanied by a member, a daily payment is required.