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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