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| THE COLONY NEWS | APRIL 2025 | 3 From the Desk of Gregg Ross Hello Colony! Spring has sprung. Time for new beginnings and fresh starts. Speaking of that, the Board has decided to make some changes to Meet the Director meetings. We will probably have a new format. Nothing concrete yet. More to come! I had to submit this article by March 5, so I have no updates on any litigation outcomes. All I know is we are moving in the right direction, and the end of litigation is hopefully nearing an end. Yes, dues are going up May 1. So, update your bank payments, if needed. What hasn't gone up? Has anyone's insurance gone down or stayed the same? Taxes? Labor? Foods? Goods? We are not exempt from increasing costs. We can bury our heads and wish it weren't so, but that does not eradicate the facts. Everything costs more! We had four years that our dues were subsidized increases. No money out of pocket, but nothing is free. We drew down our equity. It would be irresponsible to not keep up with rising expenses. If next year prices stabilize, who knows, we may be able to keep the dues the same. If they don't, we have to stay in step. With the nicer weather upon us, there are things you can do to hopefully keep your costs down — exercise and socialize. e health benefits are enormous. Get out there if possible and join in on the many amenities. It has been proven that exercise and being social help keep us healthier. It could cut down on your medical expenses. Even if not, why not! Have yourselves a wonderful time living here. Take care and stay positive. Effective May 1, 2025, the Association will no longer provide physical assessment coupon booklets automatically. Beginning with the 2025-26 Fiscal Year, homeowners who wish to receive a coupon booklet must request one from the HOA Office for a $10 fee. Additionally, the HOA Office will no longer accept assessment payments effective May 1, 2025. Why the Change? e shi away from coupon booklets aims to reduce Association costs, improve payment efficiency, and encourage the use of modern, secure payment methods. What Homeowners Need to Know. Homeowners currently receiving coupon booklets who are not yet enrolled in Auto Debit or Bill Pay will need to transition to Electronic Payment Methods OR Mail their assessment directly to: e Colony at California Oaks, C/O Professional Community Management, P.O. Box 51412, Los Angeles, CA 90051-5712. Please include your HOA Account Number. ALTERNATIVE PAYMENT METHODS • Automatic Payments through PCM/Associa (Preferred Method): Enclosed with this Notice is a Request for Automatic Payment of Assessment form. If you would like your payments automatically withdrawn from your personal checking account through Professional Community Management (PCM/Associa), please complete the enclosed request form, attach a voided check and submit both to Administrative Assistant Katie Burchard in the HOA Office for processing. Requests for automatic payments must be received no later than the 20th of the prior month in order for it to start by the 1st. • Online Payment via TownSq: You can make payments online at https://app.townsq.io/login for a minimal fee. If you are a New User, click "Sign Up with Account Number" (e.g. HOA Account #), enter the property's Zip Code, enter your HOA Account Number. Click "Continue". Confirm your details and create a Password. Once registered, you should have access to make HOA assessment payments online. • Bank Bill Pay: You may also use your personal bank or credit union's "Bill Pay" service. When setting up payments, be sure to include your HOA Account Number and have your payment mailed to: e Colony at California Oaks, C/O Professional Community Management, P.O. Box 51412, Los Angeles, CA 90051-5712. • Coupon Booklet Request: For a $10 fee, you can request a Coupon Booklet through the Colony HOA Office to mail payments directly to the P.O. Box above. Please submit your request to Katie Burchard via check or money order. Please note, assessment payments are due the 1st of each month and considered late aer the 15th. We appreciate your cooperation as we implement these changes. We are confident that these updates will streamline processes and enhance the overall payment experience for all homeowners. If you need assistance or have any questions, please contact Katie Burchard in the HOA Office or call her at (951) 677-4341. ~ e Colony Board of Directors and HOA Management IMPORTANT NOTICE CHANGES TO ASSESSMENT PAYMENT PROCESS EFFECTIVE MAY 1, 2025

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