4.10 Uniform Rate of Assessment

FCHOA Declaration of Protective Covenants - Revision Date: 2022-05-20

Both Annual and Special Assessments must be fixed at a uniform rate for all Lots and may be collected on a monthly basis or as otherwise determined by the Board, provided, however, Assessments may, at the discretion of the Board, be set at different levels for Lots located in sections of Ford’s Colony at Williamsburg where the infrastructure, including roads and utilities are not available to the Owner.  Upon availability of roads and utilities, the Lots shall be fully assessed. Expenses of the Association which benefit less than all of the lots may be specifically assessed equitably among the Lots which are benefitted according to the benefit received. Expenses of the Association which benefit all Lots, but which do not provide an equal benefit to all Lots, may be assessed equitably among all Lots according to the benefit received.