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What are the “operating” and “reserves” portions of my Maintenance Fee bill?

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What are the “operating” and “reserves” portions of my Maintenance Fee bill?

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A. Your Maintenance Fee is divided into two segments, the operating portion and the reserves portion. The operating funds are used for daily operations of the resorts (housekeeping, maintenance and front desk etc.) and the Club office. The reserve portion is set aside for refurbishments, improvements or repair that the resorts may require in the future.

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