Monday, December 1, 2008

Lake Ashton Grill

Lake Ashton Grill is being lease from the us, the HOA for $50,000 a year. This lease is a standard Office Lease that deals with CAM Common Area Maintenance. The clubhouse is own by us the HOA. The HOA lease the Lake Ashton Grill to Larry Maxwell for only $50,000/yr. The total tax we pay on the club house is $68,930.34. We pay the maintenance, lights, taxes, etc. Should Larry be paying more or less? I need Answers.

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