Thursday, December 23, 2010

Assessment Increase & Fox Management Group Defaults, OWES OVER $26,000! (#582)

The assessment bill finally came...with the increase!
But no Board meeting minutes!
Apparently secretary and art therapist Eddie Foss was too cowardly to include it, since there's no rational explanation for the assessment increase!
Board members Financial aid manager Diego Arce and business analyst Carol Krengelis made the fiscally-unsound decision to raise assessments instead of accepting the $150-$300 a month offer that would have prevented the assessment increase most unit owners can't afford.

Thursday's total for Fox Management Group's still-unpaid bill from July, 2008 (two years ago!)...$26,170.27 from an original $75!  They've broken the $26,000 level!
Now that the 1% per workday cumulative late fee is over $250, it's really mounting up, at a rate of $1250+ a week! That's more than fourteen times the amount they originally owed!
It's over 550 (FIVE HUNDRED FIFTY) late charges, and now the amount (with late fees) is over 300 times the original bill...
Is that just pitiful, or what?
I hope for her sake that Mara's better with her library books and DVD rentals! ;-)

No comments:

Post a Comment

Thanks for your input.