I am delighted to say that I got an email today regarding renovations for this property. They plan on doing it all at once by taking a loan and using reserves to pay for it. I pay a lot in reserves, so I am glad to see where it is going.
Here is a copy/paste of the relevant portion:
"Your Board of Directors held a special meeting on February 3, 2016 to consider proposed renovations to our resort. The Board voted unanimously to approve the plan, which will modernize our resort for everyone’s enjoyment. Rather than completing the renovations in a piecemeal fashion, we have decided to complete them all at once for maximum savings and efficiency. Our association has been approved for an approximately $5 million renovation loan, which will be paid back using our Reserves.
The first phase of construction is set to begin with 18 units in April 2016, and we can’t wait to give you a preview of the new look at our Annual Meeting on March 5, 2016. We’ve also created a website with further details about the renovation. Please check out Seapointe.GrandPacificResorts.com to track the progress of the renovation throughout the year."
I'll be at the annual meeting with some other Tuggers and we can report back if there's any new information. I hope they'll have an updated room to tour, but there is no mention of that.