said by computerman2:76 Units in this Assocation, with about 26-30 vacant in the rear
Right Now The President stated will be more info after it's all wired in, and More at the January 7th meeting
Reserves here very low, can't even afford roof maintenance as stated back in October, Roof Maintenance now turned over to individual Residents, Do have Copy of previous meetings minutes somewhere around here.
Water bill is over 26,000 in the RED, raising dues no matter what in the future was told as well...
All info I got right now concerning the cable/internet/phone matter at this point
To start with it sounds like the president is trying to hide something if he doesn't talk openly about it. Obviously once it's all wired it's going to be much harder to make changes to the agreement.
But outside of that it sounds like the organization is very poorly run. To be that far in the hole is ridiculous and I'm not even sure it's legal to transfer the responsibility of roof maintenance to the property owners without changing the deeds of individual owners! Probably need to consult a lawyer about this. Also are the vacant units still owned by the developer? Somebody should be paying into the general fund for those units. Sounds like a visit with a lawyer is certainly due.