Hi CiC3
Thanks for your post and I'll try to answer all of your questions.
No one is trying to take anyone's weeks. It is true that owner's sometimes interpret the requirement to deed one's weeks to Festiva if they join the Adventure Club to be an attempt to "take" their weeks. Nothing could be further from the truth. If she wished to use her time at Southcape, she would have to notify Festiva a year in advance. Sounds to me as though she made the right choice by deciding not to join.
3. When the pool was repainted, it was because the last time it was repainted, they didn't wait a sufficient time for the paint to seal before refilling the pool and the paint was peeling. This time, we did it ourselves to save money (the other company was out of business) and our staff again refilled the pool before the paint had cured. I take full responsibility for not catching this before the pool was filled. We will be repairing it properly in the fall when the heavy use subsides.
4. We are looking into a new process to cover the walkway. I've seen this done at the Ponds at Foxhollow in the Berkshires and it looks wonderful. We're getting information and estimates on repairing this situation.
5. Wireless internet is installed but not working throughout the resort. We are still waiting for Comcast to update their wiring and are chasing them every week. Other than that, it's all set and I apologize for not having it ready for you.
6. Exterior work on units 1 - 24 and exterior painting of units 32 - 55 has been completed. We wanted to complete it so that our owners would not be disturbed over the summer.
7 & 8. Units 1 - 24 haven't been renovated on the interior for many years. I have no idea how long it's been as we haven't been able to find any records of working being done on these units. I agree with you about the condition of unit 18 and the other units are similar. This and the exterior rot and leaking roofs were the main reasons for the special assessment. Those units will be renovated this winter as there was no time to do it this spring before the summer season began.
I don't know what the newsletter said but unit 18 was not renovated. Renovations should take place to some level every 5 - 7 years. A resort should have a reserve account where money is placed every year to pay for the renovations when they are needed. Southcape has never had a reserve account. When we took over, you will recall that we established a reserve account which we expect will eliminate the need for special assessments in future years. That account is being funded.
I agree with you that these things should have been done and prepared for years ago. They weren't. Why the previous trustees didn't do it, I have no idea, but we do have a plan going forward that i expect will mean you will never see this problem again.
Our maintenance fees are comparable to other similar resorts in the Northeast. Fees in southern states do tend to be lower for any number of reasons. To give you an idea, Brewster Green fees run as high as $740. The Ponds at Foxhollow fees run to well over $800 per week. Ours are under $600 and I do not expect a significant increase for 2010.
I agree with that last statement 100%. I am always looking for input from owners. Next year, we plan to offer both on site and off site activities for owners and guests, all without a significant increase in fees. We're just getting started and we want owner involvement.
Finally, I am not waiting until the end of the year to appoint the Owner Advisory Board. It is being done as we speak and their first meeting will be this fall to review the budget before it is submitted to the trustees. If you have an interest in serving, please let me know. My email is
nevmsllc@gmail.com.
Cliff