They are allowing owners to reserve Bldg. F or units in other view categories. For instance, if the dates you want are not available in Bldg. F - you can reserve a Lagoon View unit.
I also asked if Oceanfront owners would be disadvantaged by not being able to deposit an Oceanfront reservation, and she said no, that RCI only looked at the size. The Oceanfront units are 2bdm/2ba - but I'm not sure if other views have 2 bathrooms.
(1) The special assessment cost per IOA annual week for remediation is $3,600 upfront and will take about 5 years to complete during which the resort will be operational but capacity will be reduced.
Aloha Denise,Thank you, Jack. I insist on a tiny tirade: THIS SUCKS!
QUESTION: Did Wyndham know about this when they staged a hostile takeover? If so, what is their long game?
All 8 buildings. It turns out that F, G & H are above the base flood elevation per historical standards. A-E are below and if historical standards apply, a ~4-5 foot flood wall is required around them. The structural problems were initially detected in the A-E buildings whose 1st floors were flooded.QUESTION: Is this for the whole resort or only the OF buildings?
There is another option, lets call it 2A, which would be: liquidate and sell the property as-is, letting the buyer decide between remediation/renovation or demolition/removal. That would not require as much in the way of up-front costs, but may also net less in the end.(2) The special assessment cost per IOA annual week for condemnation, demolition and removal is $4,500 upfront