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2025 Proposed Assessment Increase Discussion

Event Starts: March 04, 2025

On behalf of Legends Crossing Townhome Association, Inc., we are reaching out to inform our Townhome residents of the proposed 2025 Assessment increase and the reasoning for the respective increase. Due to a combination of increased responsibilities and insurance coverage, the 2025 Proposed Budget displays a deficit that we cannot operate under.

In order for the homeowners to better understand this increase and the Association’s options from here, we plan to host two different sessions where we will present a financial analysis of the history of Legends Crossing Townhome Association’s budgets, our past and current expenses, and where the Board of Directors alongside Essex Association Management plan to move forward from here. Via Microsoft Teams, the informational sessions will be hosted on:

Tuesday, March 4th, 6:00PM via Microsoft Teams
Join the meeting now
Meeting ID: 262 575 725 425
Passcode: UR6XX7te
Dial in by phone
Number: +1 323-433-2148
Phone Conference ID: 199 759 683#

Tuesday, March 18th, 6:00PM via Microsoft Teams
Join the meeting now
Meeting ID: 221 774 050 341
Passcode: m55Cr9jD
Dial in by phone
Number: +1 323-433-2148
Phone Conference ID: 874 966 397#

Please feel free to join us on either of the above dates, where the Board of Directors and Essex Association Management will also field questions from the Townhome owners following the brief presentation. For those Townhome owners that are unable to join us for either session, you are encouraged to reach out with any questions you have through the “Contact Us” tab on the Association’s website.

Thank you very much for your attention to this matter.

Click here to download and read the Legends Crossing TH Assessment Increase

Click here to download and read the Budget Draft 2025