Is the CRRA fee mandatory?
Yes. For the households in Cougar Ridge that are required to pay the annual CRRA fee, the fee is secured by an encumbrance registered on the homeowner’s property at the time the development was created.
In other words, each person with an encumbrance signed an agreement to pay the annual rent charge when they purchased the property. This includes the new Apex Development at Paskapoo Slopes as well as all those homes developed by United Communities.