| WEATHERBY LAKE IMPROVEMENT COMPANY FEES AND ASSESSMENTS |
Property Assessments for the Weatherby Lake Improvement Company The yearly assessment is comprised of 2 parts: 1) General and 2) Siltation Prevention and Dredging. The Siltation Prevention & Dredging Assessment is 40% of the General Assessment. (Per Class Action case: WLIC vs. James) Since 1952 there is an established assessment based on use per property classification. |
| 2008 ANNUAL PROPERTY ASSESSMENTS AND LAKE PERMIT FEE STATEMENTS ARE DUE JANUARY 1, 2008. PLEASE CONTACT THE WLIC OFFICE AT 816-741-5556 IF YOU HAVE NOT PAID YOUR INVOICES OR HAVE QUESTIONS. THANK YOU! Finance Charges and Late Permit Fee Penalties Apply After March 31, 2008!!! |
A1 – LakeFront Improved $476.47 / per year (Ratio 1.4) 40% A2 – LakeFront Un-Improved $408.40 / per year (Ratio 1.2) 20% B1 – Second Tier Improved $408.40 / per year (Ratio 1.2) 20% B2 – Second Tier Un-Improved $340.33 / per year (Ratio 1.0) Base Rate **These rates are the most current Court Approved and lienable on each property**All members must pay these assessments/fees yearly to be a member in “Good Standing” and have access to Lake Privileges. Established in 1952 the first General Assessments were: All lots $25 + $5 for a fist tier lot + $5 for a residential lot which yielded: A1 $35.00 A2 $30.00 B1 $30.00 B2 $25.00 In 1975 assessments were increased to: A1 $70.00 A2 $60.00 B1 $60.00 B2 $50.00 In 1982 assessments were increased to: A1 $105.00 A2 $90.00 B1 $90.00 B2 $75.00 In 1988 assessments were increased to: A1 $157.50 A2 $135.00 B1 $135.00 B2 $112.50 In 2005 assessments were increased to: A1 $355.84 A2 $305.00 B1 $305.00 B2 $254.17 In 2008 assessments were increased to: A1 $462.59 A2 $396.50 B1 $396.50 B2 $330.42 2009 Lake Permit / Use Fees Listed below are the current rates Boat Fees: $30.00 Motor Fees: $30.00 Assigned Access Area Space: $150.00 (Docks are not charged) Lease Dock Rental: $325.00 Lake Front Property Docks: $150.00/per dock Lake Permit Fees are voted upon by the membership and only require simple majority, these fees do not require court approval because they are not lien-able on property. A member must have all assessments paid by March 31 of each year to be a member in “Good Standing”, or lake privileges may not be assigned and loss of access space could occur. |
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