RIVERTON COMMUNITY ASSOCIATION (RCA) is a planned unit development (PUD) designed for diverse housing units, open space, and common recreational facilities. There are over 700 single-family homes in the community which is located in West Henrietta, NY.
What is the Riverton Assessment Fee?
When any home/lot is purchased within RCA, it is the responsibility of the closing realtor and/or lawyer to let the buyer know that there is a covenant attached to the home’s deed. The covenant is called “Declaration Of Covenants, Conditions, Restrictions And Easements.” This document explains the assessment and reads “Each owner covenants and agrees that he shall be personally liable for all such assessments which become due while he is the owner of each lot being assessed and that such assessment shall be a continuing charge and lien upon each lot against which an assessment is made.”
The assessment payment includes the following amenities: 1,100 sq. ft. Community Center (separate rental fee required), basketball court, 3 tennis courts, 3 pools (separate membership fee required), 4 playgrounds, and 3- to 4-mile bike path. In addition, the assessment goes toward taxes, insurances, administrative costs (e.g., attorney and audit fees), the grounds building and equipment, events, and upkeep and improvements to the (approximately) 40 acres of common ground space.
To help offset assessment fees, the pool and community center have usage fees. These usage fees are low because many of the operating expenses are part of the assessment. The pool membership fees go toward lifeguard salaries, chemicals, and daily pool operations. The Community Center room fee goes toward cleaning and operations/upkeep.
The assessment invoice is sent to all RCA property owners early July. Full payment of the assessment must be made by either August 31 or September 30 if a payment plan is selected (to avoid finance and service charges). The fiscal year is July 1 - June 30.
For detailed information regarding RCA By-Laws, Covenants, and Restrictions, along with Rules & Regulations of the Architectural Review Board (ARB), please visit the heading above entitled “BOD/ARB.” Within ARB Rules & Regulations, descriptions of matters such as planting gardens, removing trees/bushes, and installing fences, decks, patios, etc., are discussed.