The Next Board Meeting: February 17th, 2020 @ 3:00 pm has been cancelled. The next scheduled Board Meeting will be March 16th, 2020
Three Lakes Water & Sanitation District Admin Building ~ 1111 CR 48, Golf Course Road, Grand Lake, CO
All public is welcome to attend.
Three Lakes Water & Sanitation District Admin Building ~ 1111 CR 48, Golf Course Road, Grand Lake, CO
All public is welcome to attend.
We are now offering email invoicing! If you would like to sign up please fill out the insert that is in your 2020 invoice and return it with your payment. You can also feel free to call or stop by the office at 1111 County Road 48 between 8:00 a.m. and 4:30 p.m. to update your information!
Online bill pay is now available!
Click on the Billing tab for more information.
Click on the Billing tab for more information.
**IMPORTANT INFORMATION REGARDING
USER FEES AND DELINQUENT FEES **
The Board of Directors adopted a User Fee rate increase effective January 1, 2020. This User Fee increase includes the inflation factor of 2.731% per the Denver-Aurora-Lakewood CPI to be applied to both the flat rate and the fixture rate. Additionally, after the inflation rate has been applied, a $7.47 increase shall be applied to the flat rate and the fixture rate will stay the same at $21.18 per fixture.
With regard to the delinquent fee presently charged by the district, the current $25.00 flat rate delinquent fee is minimal and is not discouraging late payment penalties. Colorado State Statute allows up to 5% a month late fee on the principal up to a maximum of 25% of the initial billed amount. Applying the maximum allowable amount of 5% per month will reduce the initial late fee cost for those less than 30 days late, but will increase the late fees on accounts delinquent more than 30 days. At the November board meeting, the Board of Directors, by unanimous vote, changed the method of delinquent fee assessment to A late fee of 5% of the assessment shall be charged on the unpaid balance, non-compoundable for five consecutive months, or part thereof, to any account whose assessment is not paid in full by March 31, or until paid in full, whichever is the earlier.
USER FEES AND DELINQUENT FEES **
The Board of Directors adopted a User Fee rate increase effective January 1, 2020. This User Fee increase includes the inflation factor of 2.731% per the Denver-Aurora-Lakewood CPI to be applied to both the flat rate and the fixture rate. Additionally, after the inflation rate has been applied, a $7.47 increase shall be applied to the flat rate and the fixture rate will stay the same at $21.18 per fixture.
With regard to the delinquent fee presently charged by the district, the current $25.00 flat rate delinquent fee is minimal and is not discouraging late payment penalties. Colorado State Statute allows up to 5% a month late fee on the principal up to a maximum of 25% of the initial billed amount. Applying the maximum allowable amount of 5% per month will reduce the initial late fee cost for those less than 30 days late, but will increase the late fees on accounts delinquent more than 30 days. At the November board meeting, the Board of Directors, by unanimous vote, changed the method of delinquent fee assessment to A late fee of 5% of the assessment shall be charged on the unpaid balance, non-compoundable for five consecutive months, or part thereof, to any account whose assessment is not paid in full by March 31, or until paid in full, whichever is the earlier.
Please note that the Emergency Fund Pool has been suspended for the 2020 year as we have reached our maximum fund amount. A $50 fee will be applied to your bill when it is reinstated.
Other Links
Three Lakes Water & Sanitation District
Columbine Lake Country Club Website
