Lake Ridge board adopts 2025 budget and raises reserve contribution fee to $1,500
The board approved the proposed budget and separately voted to increase the reserve contribution fee on property transfers from $1,200 to $1,500; board members discussed limited resident comments and possible carve‑outs for some buyers.
The full story
The Lake Ridge board approved its 2025 budget and voted to raise the reserve contribution fee due on property transfers from $1,200 to $1,500.
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