Administrative Fee for Delinquent Accounts

ADMINISTRATIVE FEE FOR DELINQUENT ACCOUNTS

At the regular meeting of the Board of Directors on May 22, 2013 the Board voted to initiate an Administrative Fee of $20 for invoices that are 45 days delinquent. Payments are due in 30 days from the date of the invoice and will become subject to this fee upon non-payment at the end of 75 days from the date of the invoice. The $20 fee will continue to accrue on a monthly basis until paid.  We will include a notation of this fee on invoices effective July 1, 2013.

Hal Shipley

Board Secretary