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Monthly, or whenever there is important information about our community to share, I will send an email to all Unit 6 subscribers, which will typically contain a synopsis of the new information, and an attachment and/or link to the full information. Unit 6 residents can click "Receive Email" in the menu to sign up.
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Currently Homeowners may pay the PCHOA Annual Assessment (dues) either annually, due on January 1st, or in two semi-annual payments due on January 1st and on July 1st . Payments may be made by personal check, on-line banking checks or by Cashier’s check.
A new Monthly ACH (Automated Clearing House) payment method has been added to those existing payment alternatives. This option becomes available July 1, 2011, and gives all homeowners an alternative method for paying their HOA dues - on a monthly basis.
It has three basic requirements:
1. Homeowners must pay one-half of the annual PCHOA dues in advance of the semiannual due date in order to start this new alternative method.
2. A Homeowner may then begin to make monthly ACH payments in order to accrue sufficient funds to pay the next semi-annual assessment when it is due. (If insufficient funds are accrued to pay the next assessment, the homeowner must reconcile the balance at that time).
3. ACH payments are the only acceptable form of payment for this alternative. Checks of any form (personal, on-line banking, or cashiers) will not be accepted for monthly payments.
For example, to start this payment method in 2011, the homeowner would be required to make a payment of $870 on July 1, 2011 and may then begin monthly ACH payments of $145 starting on August 1. For each new calendar year, adjustments may be necessary to allow for any new PCHOA Assessment amount.
It is true that a number of homeowners are currently participating in a similar process whereby they make monthly payments in advance of the semiannual due dates. The PCHOA Board and RCI management have now standardized this new optional method and made it available to all homeowners - with the ACH payments as the only acceptable form of monthly payment. Homeowners previously approved can continue to make monthly payments as previously arranged. A billing insert will be provided in the upcoming July 1 billing statement with the information necessary to initiate this new method of payment.
If you have any questions regarding this new method of payment please contact Becky Stone at 480-895-4298.