To any OM Board members, OM staff, or OM Condo Association members who were at the 9/11 meeting:
For the benefit of resident owners who could not attend and absentee owners, we would appreciate hearing from you.
Please summarize any important actions and motions passed by the Board. In particular the membership would be very interested in hearing about any Special Assessments, any discussion relative to the General Bronze lien, any discussion relative to the Owner's Lawsuit and any response to other questions that have been presented here on the OM Owner's Blog.
Thank you.
Posted by the OM Owner's Blog Team
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COULD THE BOARD SETTLE WITH THE OWNERS IN THE LAWSUIT BY GIVING THEM FREE WINDOWS?
ReplyDeleteThe board wants every one to think that the lawsuit is only about the windows. As you can see the windows are the straw that broke the camel's back!
This needs to go to court,and let a judge make a ruling if everything is on the up and up.
If Frank settles with the people in the lawsuit,and they drop the case,the board is home free.
Then you may really see more assessements and more abuse of the common area!!
I can see the handwriting on the wall. Frank will call a meeting,and say that the legel fees and court costs are getting out of hand(and the building was unsafe)and we did what was best for the building by giving the people in the lawsuit free windows.
THEY GET FREE WINDOWS,THE BOARD IS HOME FREE TO TO DO AS THEY LIKE, AND THE PEOPLE WHO PAID FOR THE WINDOWS WILL GET STUCK PAYING MORE ASSESSEMENTS.
Remember the lawsuit only benefits the people in the suit,and they can settle out of court!
How can you protect yourself?Instead of paying the new assessement JOIN THE LAWSUIT.If everyone joins the lawsuit it will go to court,and justice will be served!!
The board collects over one and a half million dollars a year,and they said that eight thousand dollars was too much to pay for audited return,that is required by law.
I was not able to attend. I was represented by Joe Garrity who has my power of attorney. Through his notes and by conversations this is what I learned about the meeting.
ReplyDeleteAccounting records would be made available to the membership in three weeks.
Frank was unable to name an accountant.
Yearly audited financials were not done, because they cost 8,000$.
Charlie could not attend because he was too ill.
Carolyn was 45 min.s late
Frank could not explain exactly what the 290,000 was for and was not able to show invoices proving this money was owed to anyone
Parking issues were not addressed
If I understood anything incorrectly or I have missed something please leave a comment
Thank you DJM