Page 1 - paragraph 3 of the notice: "The association has retained the law firm K&L Gates LLP which will make a presentation at the special meeting regarding a potential sale of the property and bankruptcy of the Association........The purpose of the special meeting is for members to discuss and vote on whether to authorize the Board of Directors to file a chapter 11 bankruptcy case for the Association for the primary purpose of pursuing the sale of the entire Property."
Based on the “legacy” policy stated on page 290 of the 2025-26 directory I would interpret that to mean you’d keep your grandfathered level. But I would deeply familiarize myself with that verbiage and then call and try to get someone in owner care to confirm my interpretation.
That's correct, it's documented right in the proxy statement for all to see. This is the same approach being used for every impacted resort, at least to date from what we have seen in multiple proxy statements now.
Look at the first post in this same thread, here's a link to that same post: https://tugbbs.com/forums/threads/w...post-for-this-unfolding-set-of-events.375888/
Glad to see you aboard. HitchHiker71 ( moderator) has been keeping up the July list with any new info. that is found. The list is current as of this writing just not official by Wyn. yet. HOA's are the ones sending out letters. From my understanding the votes are what will determine the closing. And then Wyn. will release more specifics. As mentioned in some prior posts make sure your address is current with Wyn. What has been discussed in prior posts is that people effected by closing will possibly get Access points or could possibly get share of sale after all fees/expenses handled and be relieved of contract maintenance fees. So stay tuned by following updates to list and any further comments here on forward.
We are in the same boat for platinum. I don't trust them to honor the grandfathering without a fight. I hope I am wrong
Can you post a copy of link?Someone on Facebook just posted something we have all been speculating and assuming, but they are flat out telling owners "It doesn't matter how you vote, we have the votes to do this and it's happening".
Which goes back to the awful communications and "legal requirements" to not disclose or block bookings.
Anyway, not to beat a dead horse, but I found that statement by Wyndham fascinating.
Also there was a little piece about VIP levels which may contradict what's in the owner guide.
It was in the pictures of the meeting notes by hnybee09
Thanks. Those came up blank on my phone.
www.facebook.com
That comment was explicitly mentioned specifically at the FB HOA meeting. In other words, we haven't received any comments along this line from the other HOA meetings as yet, at least not that anyone has yet reported. We shall see if that same comment is repeated and documented at other HOA meetings. What specifically are you referring to regarding a little piece about VIP levels which may contradict what's in the member directory?Someone on Facebook just posted something we have all been speculating and assuming, but they are flat out telling owners "It doesn't matter how you vote, we have the votes to do this and it's happening".
Which goes back to the awful communications and "legal requirements" to not disclose or block bookings.
Anyway, not to beat a dead horse, but I found that statement by Wyndham fascinating.
Also there was a little piece about VIP levels which may contradict what's in the owner guide.
In the FB Fairways meeting they said 72% was controlled by Wyndham. I did not ask for a breakdown.
Wyndham Pagosa is mostly deserted during the winter, even during spring break, with the parking lots typically only 15-25% occupied.
