from:	Matthew Merckel <mmerckel@tidewaterproperty.com>
to:	jk <jacob.kogan@gmail.com>
date:	Mar 9, 2023, 6:53 PM
subject:	RE: the insurance material
 
Jacob:
 
 
 
The percentage interest in the common area is different than the assessment
amount you pay.  The assessment amount is based on the unit and the number of
bedrooms (you pay more due to the larger unit size).  The special assessment is
a flat $500 per unit no matter the size as it's a common area item and common
area interests are split evenly between the 220 owners.  You do have to vote by
7pm via proxy that we sent if you wish to vote.  You can of course abstain
from voting, vote for the assessment or against the assessment.