How are these monthly association fees and the one-time membership fee used?
- The monthly association fee is comprehensive and covers many services and expenses, such as maintenance of the grounds, snow removal, tree trimming, lawn maintenance, annual replacement of furnace filters, and semi-annual exterior window cleaning. Water and sewer costs for all units are included in this fee as well as the services of a professional management company which specializes in condominium management. In addition, a portion of the monthly association fee goes into the Replacement Reserve, a long-term fund which provides monies for capital expenditures not budgeted for as part of the annual maintenance and repair budget.
- The monthly program fee goes toward the cost of a part-time business assistant and a full-time Community Director who coordinates lectures, music programs, and classes. It also goes toward the costs of maintaining the library, shop, classrooms, and the dining and recital/lecture halls. It provides the funding for post-lecture receptions and a special biennial event, the Asa Gray Lecture. All of UC’s events are available to residents and their guests at no charge. Special events may occasionally have a fee.
- The monthly AT&T U-verse fee pays for high definition TV for each unit (over 200 TV entertainment channels) and program recording capability for up to 2 TV sets; 15 Mbps internet for each unit; and unlimited phone service for each unit, which includes long distance for US and Canada.
- The one-time association membership fee goes into a Restricted Fund which is used for educational and program related expenses. For example, in 2008, a new sound system was installed in UC’s Lecture Hall. Software and equipment are periodically updated.