Q: Recently our homeowners’ association negotiated a new bulk cable and internet contract. One of the new provisions of the contract is the service provider is going to pay the association over one hundred dollars for every home in the community. The money is to be paid to the association in a lump sum. Many of the owners would like to see the money applied to everyone’s assessments to offset the increase in cost under the new contract. However the Board has stated they intend to apply the money to the budget as general revenue and have not specified any designated purpose for the funds at this time. Is there a way to require the association to give the money back to the owners as a credit against their assessments? (J.W., via e-mail).
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