Plan, plan and plan some more

QUESTION: Is Stonewall Central a better name for the property?
UPDATE (click): 2012 Audited Financial Statements
UPDATE (click): 2013 Annual Meeting packet
UPDATE (click): 2013 Special Meeting packet

AUDITED FINANCIAL STATEMENTS ANALYSIS 2009-2012 (click): A CPA analysis of SOHO Central Condominium Corporation's Audited Financial Statements

The Fantasy Vision

Does everyone remember this among the wonderful ads and brochures and how about the salespeople and what they told us. I hear such fantasies continue. So after watching and remembering, cry and then laugh at the truth that is being exposed.









And, if the above is not enough and you need elevated blood pressure, here is the project's brochure.

Many posts are still issues and need to be read once again. At this main hub of postings watch for new posts and updates. Please get involved by spreading the word as to the issues here. We must document all that is taking place. Many documents need retrieval and assistance is needed in getting them scanned and posted.

Wednesday, December 10, 2014

Should the pool be shut down?

Should the pool be shut down?

Yes, Unit Owners, we need to be realistic and look at the facts.  There have been many complaints about the high rates charged by the contractual services.  There have been no Annual Meetings or Special Meetings electing a Board.  While there was a quorum declared by those controlling the meeting in 2011, the meeting had voting procedures that violated the rules and law.  So Unit Owners have not had elected voices to control costs.

Again, Unit Owners are under law "Members" of the Soho Central Condominium Corporation.  Think of members as stockholders.  Your stock is tanking.

There are according to what has been stated approximately 100 units in arrears.  These delinquent Unit Owners then place the burden upon all others paying their bills.  I fully understand that some may be having financial difficulties, others may object to the continuing problems and the rest are not paying for no reason except to not pay what is owed.

For the first two, please announce clearly what the issue is for not paying.  Those not paying in protest, have you spoken to a lawyer or placed all money owed in a bank account showing some sort of good faith?  For those not paying for no good reason, why not sell your unit?

So I would think that a great expense to the condominium corporation is the pool.  Given the factors above, are there any other ideas?  I know of some but we need more voices.  The bank account should have had more money for future issues.

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