By Laws of Saddle Ridge Property Owners Association
On March 23, 2003, an agreement between DCA Inc. and Saddle Ridge Property Owners Association, SRPOA, was signed and filed at the Office of Register for Blount County. This assigns the responsibilities for the provision and maintenance of roads, security and amenities at Saddle Ridge to the SRPOA. It also charges SRPOA with the responsibility for collection of assessments and disbursement of funds to accomplish the above duties.
Billing for property assessments is invoiced yearly. SRPOA fiscal year is July 1 to June 30. A property is not considered developed until the home is habitable, then the assessment increases from undeveloped lot fee status to developed lot fee status. The SRPOA mails an invoice to that lot owner for the prorated assessment due for the balance of the fiscal year. Current assessment fees are $250 for undeveloped lot and $500 for developed lot. When a property owner is ready to build a new home, there is a $750 road impact fee (nonrefundable) and a $750 road deposit. The deposit will be refunded if there is not excessive road damage.
Click the link below for the By Laws of the Saddle Ridge Property Owners Association, Inc.
Billing for property assessments is invoiced yearly. SRPOA fiscal year is July 1 to June 30. A property is not considered developed until the home is habitable, then the assessment increases from undeveloped lot fee status to developed lot fee status. The SRPOA mails an invoice to that lot owner for the prorated assessment due for the balance of the fiscal year. Current assessment fees are $250 for undeveloped lot and $500 for developed lot. When a property owner is ready to build a new home, there is a $750 road impact fee (nonrefundable) and a $750 road deposit. The deposit will be refunded if there is not excessive road damage.
Click the link below for the By Laws of the Saddle Ridge Property Owners Association, Inc.