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        <ExplanationTxt>The Corporations policy is to recognize any tax penalties and interest as expense when incurred. The Corporations federal returns for the past three years remain subject to examination by the Internal Revenue Service.</ExplanationTxt>
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        <ExplanationTxt>The Association has 888 homeowner members.</ExplanationTxt>
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        <ExplanationTxt>The Board of Directors and Management Agent review monitoring of conflict of interest policy.</ExplanationTxt>
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        <ExplanationTxt>The Associations officers and directors are not compensated.</ExplanationTxt>
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        <ExplanationTxt>These documents are available to members and potential members upon request.</ExplanationTxt>
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