Tuesday, January 4, 2011

Notes to the Board & Fox Management Group Defaults, OWES OVER $28,000! (#590)

The assessment bill finally came (late, as usual)...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.
Considering all three Board members appear to be either underemployed or unemployed, it seems almost hypocritical to raise fees that two of three (if not all three) have been late paying in the past!

As was mentioned in the August 2010 minutes...
"There is a large entertainment center...inside the doorway of the '58 basement"
Since, according to you, no one has claimed it six months after notification, any reasonable person would consider it "abandoned."
I've arranged for a couple of dealers to have a look at the abandoned entertainment center and, depending on who offers more, cart it away.
The payment for it will be used to repair or replace the bike damaged by the Ediot who jammed the furniture in there without thinking.

Tuesday's total for Fox Management Group's still-unpaid bill from July, 2008 (two years ago!)...$28,338.64 from an original $75!
They've broken the $28,000 level!
Now that the 1% per workday cumulative late fee is over $270, it's really mounting up, at a rate of $1350+ 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! ;-)

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