So I guess RCSC established the wording and such, for this $1000 fee. Officially called CIF? And it is to be put in Capital Reserve category? Any needed changes to by-laws?
Probably as they will need to clarify how and who pays it; easy on new first time buyers, but absolute clarity is important as current home owners buy and move within the community. PIF has been a source of contention with a lot of murky efforts to charge residents when it was at the very least questionable.