*** New Thread: KBV Vote for Chapter 11 Bankruptcy

[tango]

Please do not be dismayed by threats of a future special assessment. It’s true that legal cases can be expensive. The AOAO has access to reserves of $2.6 million, which should go quite a ways. In addition, I’m sure that any excess unpaid charges will simply be deducted from settlements from any sale of property. I am not expecting anything from KBV, nor do I intend to send any more money that way.

 

[joyful]

Thank you for your reassurance.
I certainly will NOT pay another special assessment.
Susan

 

[schreff]

Board members must act in good faith, with prudent fiduciary care, and in the best interest of ALL owners, After reading the new posts, it sure doesn't seem like neither the BOD nor Wyndham gives a damn about owners.
.
Who is serving on the IOA Board of Directors. And how can they be reached?

Why hasn't the BOD and Wyndham guided us through this process in a clear and simple way? Another special assessment is insane!!!!!

 

[schreff]

Aloha,
Assuming you want out like most of us, Do Nothing. It’s that simple for now.
Jack

Is the site with the bylaws, etc. still up?

 

[jacknsara]

Is the site with the bylaws, etc. still up?

Yes. See

KBV Chapter 11 progress in court

Please remember that the severe structural defects go back a couple decades to the original Developer Pahio and not Wyndham. Pahio apparently had no oversight of the Construction. Or chose not to exercise their oversight. In Oregon the Construction Trade has gotten so bad that once the Prime...

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