BINGO ...... Will be a MAJOR ITEM at the Friday CDD meeting on Dec 11, 2009 @10am to 1pm.
Where the money is going will be a main topic. Has it been legally donated and to whom ???
SOME B P may be on the HOT SEAT.. Someone going to the slammer.
Another lawyer has been hired to look into Bingo Paul's activities.
Resident in Paradise....!!!!
Saturday, November 28, 2009
Ronald White
I asked Ronald White about the story I heard that the Lawyer was hired for Bingo. Has you know Bingo Paul is in a lot of trouble, spending Bingo charity money on Lake Ashton. He told me not to listen to these stories. What am I supposed to do wear ear plugs. That is why I called him in the first place to get the story straight. Does he think I can read about this in the LA Times? He said we hired the lawyer but he didn't say for what? Can I hired a lawyer for nothing and do nothing? Sounds like Joe Hunter!
Ronald White
If HOA does not have the guts to challenge the developer when the Attorney said you cant lose..
I will never pay my MX ADT bill again....And I suggest all residents do likewise...
They can do nothing about it...
I will never pay my MX ADT bill again....And I suggest all residents do likewise...
They can do nothing about it...
Ronald White
MR KING...
If Ron White claims your blog is all garbage....He must be reading it NO ??
Sounds like his style of leadership.
Sick of White and MX
Resident 4 years....
If Ron White claims your blog is all garbage....He must be reading it NO ??
Sounds like his style of leadership.
Sick of White and MX
Resident 4 years....
Friday, November 27, 2009
Ronald White HOA President
After waiting a week for my answer on the MX and Bingo he says he doesn't care what the Blog says or the people says, It what we the HOA are going to do he says. The residents elected the HOA to serve the people and Mr White does not see it that way. He dislikes my blog and the residents should not be looking at it because its all crap. As he ever heard of freedom of speech? All I can tell you is please read the L A Times and read about Connie and Jake Eaton at the Oktoberfest, the big Russian World dance show, Coffee meetings with special speakers who never show up, Margot and Keith Stevens outstanding service to square dancing. No where in that magazine does it tell you anything about what is going on here at Lake Ashton, because they don't want you to know. Mr Joe Hunter did not like me to tell you about the health violations at the LA Grill, he wanted me to tell you also about Manny's Chop House and the Sizzling Grill and I did. He thank me for it. I could tell Mr White did not enjoy talking to me. I had an answer to all his questions and he did not like it. More on our tel conversation tomorrow.
Homeowners groups feel economy's pain, too
Article Courtesy of The Orlando Sentinel
By Mary Shanklin
Published November 24, 2009
Homeowners associations in Florida see no immediate end in sight to the foreclosures, delinquencies and revenue shortfalls that have beleaguered them in recent years, a new survey shows.
More than 90 percent of the 777 Florida property owners surveyed expected the financial troubles to continue or even to deepen next year, according to findings by the Community Association Leadership Lobby. Most respondents were board members of associations.
"We're really having a second wave of foreclosures," said Hobie Fisher, past president of two homeowners associations in east Orange's Avalon community, which has been particularly hard-hit by auctions and mortgage defaults.
With about 40 percent of property owners there late paying fees and assessments, his association has foreclosed on six townhomes. The owners of one of those units, Fisher said, owed $14,000 in fees.
Though Fisher's associations have not increased fees in the past year, most have, the survey reported.
Sixty percent of survey respondents said they increased assessments to compensate for budgetary gaps caused by delinquent owners. And two-thirds of survey respondents noted an increase in the number of property owners who are more than 60 days late paying fees and special assessments.
The plight of associations was highlighted during the summer when Miami-Dade County briefly turned off the water at more than 300 units in the cash-strapped Mirassou condominiums.
'Dire straits'
The squeeze on association revenues comes at a particularly bad time — especially for condominium buildings — as the state has called for upgrades to elevators, sprinklers and other equipment, experts say.
"I would say that they are in dire straits because the mortgage-foreclosure crisis and new safety-upgrade requirements are being called for at the same time they are having trouble collecting assessments from owners," said Yeline Goin, a co-executive director of the lobby, which was created in 2003 by Sarasota law firm Becker and Poliakoff.
Without any kind of remedy, Goin added, "I think we are going to continue to see owners walking away from their units because they can't afford their assessment, and the problems are just going to snowball."
The survey findings are expected to bolster legislative calls for laws that would for allow associations to collect more late fees on investor-owned properties and collect payments directly from tenants renting homes, condos and townhomes.
Sen. Evelyn Lynn, R-Daytona Beach, is among a few legislators proposing measures to shore up the sinking financials of homeowners associations. One of her bills calls for banks to pay late homeowners fees as soon as they begin foreclosure proceedings, rather than waiting for what can be a year or more until the foreclosure is final.
"It's clear that the fear, anxiety and frustration are still out there in very large quantities," said Alan Penchansky, a spokesman for the lobby. "They're looking for some kind of relief."
The financial stresses are taking a toll. At Phillips Bay in south Orlando for instance, property owners are trying to recall board members for issues including failing to administer service contracts, obligating community funds without a vote, and ignoring roof and window leaks.
Phillips Bay homeowner Ed Snyder said the frustrations have been compounded because a contractor placed liens on all the properties for work he thought he was owed and then association reserves have been exhausted, largely because of mismanagement of contracts. Teams of lawyers, he added, have just added more bills onto the pile.
"It's a financial nightmare, really," Snyder said. "Everybody is sort of uptight about the whole thing because they can see no way out."
Financial troubles have led other associations, such as those at Avalon, to turn increasingly to foreclosures. Once the back fees pile up, the association files a lien of foreclosure against the delinquent property owner and a judge hands the title of the house to the association, Fisher said.
Building reserves
The banks are still owed their mortgage but, so far, have not bid on these properties at auction and have not come to the association to collect the mortgage, Fisher added. The properties are typically empty, although the association has evicted several owners. The association cleans up the house, rents it and applies the rental income to delinquent fees.
By taking steps that included foreclosing on some properties and then renting them to responsible tenants, the association went from financial struggles to the point where it now has $700,000 in reserves.
Fisher said he doesn't feel too bad about foreclosing on owners who disregard all communications from associations and then expect their neighbors to subsidize their lawn maintenance, painting and garbage pickup.
"The people who need help, we bend over backwards for them," Fisher said. "One man broke his collarbone, and we told him to stop paying and come back next year. We go to mitigation; we don't go straight to foreclosure."
COMMENT:
CALL (LOBBYING GROUP OF LAW FIRM OF BECKER&POLIAKOFF) IS BLOWING SMOKE AGAIN, GETTING EVERYBODY ALL EXCITED.
WHEN IT COMES DOWN TO PUSHING THESE BILLS THE CALL LOBBYISTS ARE NOWHERE TO BE SEEN -- SEE THE 2009 SPRING SESSION!
SEE: WHERE WAS "CALL" WHEN WE OWNERS NEEDED IT?
By Mary Shanklin
Published November 24, 2009
Homeowners associations in Florida see no immediate end in sight to the foreclosures, delinquencies and revenue shortfalls that have beleaguered them in recent years, a new survey shows.
More than 90 percent of the 777 Florida property owners surveyed expected the financial troubles to continue or even to deepen next year, according to findings by the Community Association Leadership Lobby. Most respondents were board members of associations.
"We're really having a second wave of foreclosures," said Hobie Fisher, past president of two homeowners associations in east Orange's Avalon community, which has been particularly hard-hit by auctions and mortgage defaults.
With about 40 percent of property owners there late paying fees and assessments, his association has foreclosed on six townhomes. The owners of one of those units, Fisher said, owed $14,000 in fees.
Though Fisher's associations have not increased fees in the past year, most have, the survey reported.
Sixty percent of survey respondents said they increased assessments to compensate for budgetary gaps caused by delinquent owners. And two-thirds of survey respondents noted an increase in the number of property owners who are more than 60 days late paying fees and special assessments.
The plight of associations was highlighted during the summer when Miami-Dade County briefly turned off the water at more than 300 units in the cash-strapped Mirassou condominiums.
'Dire straits'
The squeeze on association revenues comes at a particularly bad time — especially for condominium buildings — as the state has called for upgrades to elevators, sprinklers and other equipment, experts say.
"I would say that they are in dire straits because the mortgage-foreclosure crisis and new safety-upgrade requirements are being called for at the same time they are having trouble collecting assessments from owners," said Yeline Goin, a co-executive director of the lobby, which was created in 2003 by Sarasota law firm Becker and Poliakoff.
Without any kind of remedy, Goin added, "I think we are going to continue to see owners walking away from their units because they can't afford their assessment, and the problems are just going to snowball."
The survey findings are expected to bolster legislative calls for laws that would for allow associations to collect more late fees on investor-owned properties and collect payments directly from tenants renting homes, condos and townhomes.
Sen. Evelyn Lynn, R-Daytona Beach, is among a few legislators proposing measures to shore up the sinking financials of homeowners associations. One of her bills calls for banks to pay late homeowners fees as soon as they begin foreclosure proceedings, rather than waiting for what can be a year or more until the foreclosure is final.
"It's clear that the fear, anxiety and frustration are still out there in very large quantities," said Alan Penchansky, a spokesman for the lobby. "They're looking for some kind of relief."
The financial stresses are taking a toll. At Phillips Bay in south Orlando for instance, property owners are trying to recall board members for issues including failing to administer service contracts, obligating community funds without a vote, and ignoring roof and window leaks.
Phillips Bay homeowner Ed Snyder said the frustrations have been compounded because a contractor placed liens on all the properties for work he thought he was owed and then association reserves have been exhausted, largely because of mismanagement of contracts. Teams of lawyers, he added, have just added more bills onto the pile.
"It's a financial nightmare, really," Snyder said. "Everybody is sort of uptight about the whole thing because they can see no way out."
Financial troubles have led other associations, such as those at Avalon, to turn increasingly to foreclosures. Once the back fees pile up, the association files a lien of foreclosure against the delinquent property owner and a judge hands the title of the house to the association, Fisher said.
Building reserves
The banks are still owed their mortgage but, so far, have not bid on these properties at auction and have not come to the association to collect the mortgage, Fisher added. The properties are typically empty, although the association has evicted several owners. The association cleans up the house, rents it and applies the rental income to delinquent fees.
By taking steps that included foreclosing on some properties and then renting them to responsible tenants, the association went from financial struggles to the point where it now has $700,000 in reserves.
Fisher said he doesn't feel too bad about foreclosing on owners who disregard all communications from associations and then expect their neighbors to subsidize their lawn maintenance, painting and garbage pickup.
"The people who need help, we bend over backwards for them," Fisher said. "One man broke his collarbone, and we told him to stop paying and come back next year. We go to mitigation; we don't go straight to foreclosure."
COMMENT:
CALL (LOBBYING GROUP OF LAW FIRM OF BECKER&POLIAKOFF) IS BLOWING SMOKE AGAIN, GETTING EVERYBODY ALL EXCITED.
WHEN IT COMES DOWN TO PUSHING THESE BILLS THE CALL LOBBYISTS ARE NOWHERE TO BE SEEN -- SEE THE 2009 SPRING SESSION!
SEE: WHERE WAS "CALL" WHEN WE OWNERS NEEDED IT?
Bonita Bay Club members have filed a class-action lawsuit against their developer.
Saturday, September 26, 2009
Bonita Bay Club members file class-action lawsuit against developer
Article Courtesy of The Naples News
By LAURA LAYDEN
Published September 25, 2009
BONITA SPRINGS — Bonita Bay Club members have filed a class-action lawsuit against their developer.
The suit was filed Sept. 22 in Lee County Circuit Court against Bonita Bay Properties and the company’s chairman, David Lucas.
The named plaintiffs are John Klocko III and Cynthia White, who both sit on the Turnover Committee that has been handling negotiations for members trying to buy their club from the cash-strapped developer.
The suit has been brought on “behalf of all members who have promissory notes issued prior to January 2004,” according to a Turnover Committee report.
The panel is supporting several legal actions against the developer, which last year stopped honoring its policy to refund the deposits of resigning members within 30 days. Members say they have promissory notes that guarantee they’ll get their money back if they leave the club.
It appears that negotiations are once again at a standstill between Bonita Bay residents and the developer after they resumed a few weeks ago.
“We have been negotiating with the Turnover Committee in good faith and as recently as yesterday provided them with an updated term sheet,” said Brian Lucas, vice chairman for the Bonita Bay Group, in a statement Wednesday about the class-action lawsuit.
“Their verbal feedback at that time was very positive so we are obviously disappointed with this development.
“With this action, they have embarked on a journey that will take several years to complete,” he said. “We question whether the majority of residents feel that this is in the best interests of their community.”
The class-action lawsuit seeks damages in excess of $100 million. The suit alleges a Ponzi-style scheme involving member deposits, which Bonita Bay Group has vehemently denied.
Other claims in the lawsuit include breach of fiduciary duty, violation of the Deceptive and Unfair Trade Practices Act, constructive fraud and unjust enrichment. It alleges that Lucas “actively participated in” and had a significant “measure of control over” the developer’s deceptive and unfair practices.
“In sharp contrast to their representations and stated ‘core values,’ defendants ignored the interests of the members, defaulted on their legal obligations, failed to fulfill their promises, and disregarded the pledge to ‘never do anything other than the right thing by our residents,’” the complaint says.
The same plaintiffs also filed an action to impose a lien on all of the golf courses and other amenities used by residents Tuesday. That would make it harder for Bonita Bay Group to sell them to an outsider.
In its latest report, the Turnover Committee says that it’s “still a long way from finding any common ground” on the purchase of the club that would be acceptable to Bonita Bay Group and its lender, Key Bank, and would be approved by a majority of members. The developer owes more than $70 million to a group of lenders, led by Key Bank.
“One of the critical issues that has not been resolved is the allocation of responsibility for providing refunds to resigned members,” the Turnover Committee said in its report. “BB (Bonita Bay) Group has reversed its previous position with respect to accepting liability for all resigned members.”
The liability could be $25 million or more for resigning members.
Bonita Bay Group says it hasn’t changed its mind about accepting such a huge liability.
“We have consistently communicated to members of the clubs and the advisory boards that any liability left behind from non-signing members would have to be minimal,” said Tim Boates, the developer’s chief restructuring officer, in a recent statement.
The Turnover Committee presented a revised offer to purchase the club Sept. 3. The offer was to pay $11.5 million in cash and surrender the promissory notes of all continuing members, with Bonita Bay Group retaining the liability of deposits paid by members who have already resigned or who would not join the new club.
The offer expired Sept. 21 and was not accepted by the developer.
Bonita Bay Group sent a new offer to the Turnover Committee on Sept. 21. In its report, the committee said it was “categorically rejected in writing” on Sept. 22. Under the proposal, Bonita Bay Group, would have created a new company that would own the assets of the club, and assume the developer’s $20 million in debt and all liabilities for members’ initiation deposits. This scenario would mean that Bonita Bay Club would continue to operate the club.
In its report, the committee said the developer’s latest offer was “even less attractive” than one made on July 7. Under that original offer, Bonita Bay Group would not have continued to operate the club.
“The members no longer have any faith in having Bonita Bay Group or New Leaf continuing to operate the club and controlling the disposition of members’ dues,” the committee wrote in a letter to Bonita Bay Group.
Despite its “profound disappointment” at the developer’s newest offer, the committee said it’s willing to continue negotiations “for a successful turnover of the club to the members.” If a purchase agreement is not reached soon, the committee said, it expects a large number of the club members to stop paying their dues or resign.
In the meantime, the committee has demanded to see the developer’s books to “verify” its “financial condition.”
“It has been evident to many that BBG (Bonita Bay Group) has been all but officially out of business for months now,” said Bonita Bay resident Art Herman, who has stopped paying his club dues.
“Their reluctance to negotiate is very clearly a stall tactic while they milk the BB (Bonita Bay) cash cow.
Bonita Bay Club members file class-action lawsuit against developer
Article Courtesy of The Naples News
By LAURA LAYDEN
Published September 25, 2009
BONITA SPRINGS — Bonita Bay Club members have filed a class-action lawsuit against their developer.
The suit was filed Sept. 22 in Lee County Circuit Court against Bonita Bay Properties and the company’s chairman, David Lucas.
The named plaintiffs are John Klocko III and Cynthia White, who both sit on the Turnover Committee that has been handling negotiations for members trying to buy their club from the cash-strapped developer.
The suit has been brought on “behalf of all members who have promissory notes issued prior to January 2004,” according to a Turnover Committee report.
The panel is supporting several legal actions against the developer, which last year stopped honoring its policy to refund the deposits of resigning members within 30 days. Members say they have promissory notes that guarantee they’ll get their money back if they leave the club.
It appears that negotiations are once again at a standstill between Bonita Bay residents and the developer after they resumed a few weeks ago.
“We have been negotiating with the Turnover Committee in good faith and as recently as yesterday provided them with an updated term sheet,” said Brian Lucas, vice chairman for the Bonita Bay Group, in a statement Wednesday about the class-action lawsuit.
“Their verbal feedback at that time was very positive so we are obviously disappointed with this development.
“With this action, they have embarked on a journey that will take several years to complete,” he said. “We question whether the majority of residents feel that this is in the best interests of their community.”
The class-action lawsuit seeks damages in excess of $100 million. The suit alleges a Ponzi-style scheme involving member deposits, which Bonita Bay Group has vehemently denied.
Other claims in the lawsuit include breach of fiduciary duty, violation of the Deceptive and Unfair Trade Practices Act, constructive fraud and unjust enrichment. It alleges that Lucas “actively participated in” and had a significant “measure of control over” the developer’s deceptive and unfair practices.
“In sharp contrast to their representations and stated ‘core values,’ defendants ignored the interests of the members, defaulted on their legal obligations, failed to fulfill their promises, and disregarded the pledge to ‘never do anything other than the right thing by our residents,’” the complaint says.
The same plaintiffs also filed an action to impose a lien on all of the golf courses and other amenities used by residents Tuesday. That would make it harder for Bonita Bay Group to sell them to an outsider.
In its latest report, the Turnover Committee says that it’s “still a long way from finding any common ground” on the purchase of the club that would be acceptable to Bonita Bay Group and its lender, Key Bank, and would be approved by a majority of members. The developer owes more than $70 million to a group of lenders, led by Key Bank.
“One of the critical issues that has not been resolved is the allocation of responsibility for providing refunds to resigned members,” the Turnover Committee said in its report. “BB (Bonita Bay) Group has reversed its previous position with respect to accepting liability for all resigned members.”
The liability could be $25 million or more for resigning members.
Bonita Bay Group says it hasn’t changed its mind about accepting such a huge liability.
“We have consistently communicated to members of the clubs and the advisory boards that any liability left behind from non-signing members would have to be minimal,” said Tim Boates, the developer’s chief restructuring officer, in a recent statement.
The Turnover Committee presented a revised offer to purchase the club Sept. 3. The offer was to pay $11.5 million in cash and surrender the promissory notes of all continuing members, with Bonita Bay Group retaining the liability of deposits paid by members who have already resigned or who would not join the new club.
The offer expired Sept. 21 and was not accepted by the developer.
Bonita Bay Group sent a new offer to the Turnover Committee on Sept. 21. In its report, the committee said it was “categorically rejected in writing” on Sept. 22. Under the proposal, Bonita Bay Group, would have created a new company that would own the assets of the club, and assume the developer’s $20 million in debt and all liabilities for members’ initiation deposits. This scenario would mean that Bonita Bay Club would continue to operate the club.
In its report, the committee said the developer’s latest offer was “even less attractive” than one made on July 7. Under that original offer, Bonita Bay Group would not have continued to operate the club.
“The members no longer have any faith in having Bonita Bay Group or New Leaf continuing to operate the club and controlling the disposition of members’ dues,” the committee wrote in a letter to Bonita Bay Group.
Despite its “profound disappointment” at the developer’s newest offer, the committee said it’s willing to continue negotiations “for a successful turnover of the club to the members.” If a purchase agreement is not reached soon, the committee said, it expects a large number of the club members to stop paying their dues or resign.
In the meantime, the committee has demanded to see the developer’s books to “verify” its “financial condition.”
“It has been evident to many that BBG (Bonita Bay Group) has been all but officially out of business for months now,” said Bonita Bay resident Art Herman, who has stopped paying his club dues.
“Their reluctance to negotiate is very clearly a stall tactic while they milk the BB (Bonita Bay) cash cow.
Obama
Anonymous has left a new comment on your post "HAPPY THANKSGIVING":
OBAMA and his Michelle.. Can at least make a decision.............
He saved the life of a TURKEY !
But he cant make the decision to save the lives of our SONS and DAUGHTERS....
Praise ALLAH....
OBAMA and his Michelle.. Can at least make a decision.............
He saved the life of a TURKEY !
But he cant make the decision to save the lives of our SONS and DAUGHTERS....
Praise ALLAH....
Wednesday, November 25, 2009
FIRST LADY
First Lady Now Requires 26 Servants
Author
By Dr. Paul L. Williams Monday, August 17, 2009
In my own life, in my own small way, I have tried to give back to this country that has given me so much,” she said. “See, that’s why I left a job at a big law firm for a career in public service,”— Michelle Obama.
We were wrong.
Michelle Obama, as we reported on July 7, is not served by twenty-two attendants who stand by to cater to her every whim.
She is served by twenty-six attendants, including a hair dresser and make-up artist.
The annual cost to taxpayers for such unprecedented attention is approximately $1,750,000 without taking into account the expense of the lavish benefit packages afforded to every attendant.
Little did American voters realize the call for “change” would result in the establishment of an Obama oligarchy.
The discovery of the additional attendants was made by D’Angelo Gore of factcheck.org and by calls to Katie McCormick Lelyyeld, Michelle Obama’s press secretary.
Mr. Gore launched his investigation of the First Lady’s staff in the wake of an article that appeared on thelastcrusade.org and Canada Free Press on July 7.
The article, which became a chain letter viewed by millions of Americans, reported that Michelle Obama requires more than twenty attendants - - more than any First Lady in U.S. History. It provided the following list of White House staff members assigned to the First Lady:
Author
By Dr. Paul L. Williams Monday, August 17, 2009
In my own life, in my own small way, I have tried to give back to this country that has given me so much,” she said. “See, that’s why I left a job at a big law firm for a career in public service,”— Michelle Obama.
We were wrong.
Michelle Obama, as we reported on July 7, is not served by twenty-two attendants who stand by to cater to her every whim.
She is served by twenty-six attendants, including a hair dresser and make-up artist.
The annual cost to taxpayers for such unprecedented attention is approximately $1,750,000 without taking into account the expense of the lavish benefit packages afforded to every attendant.
Little did American voters realize the call for “change” would result in the establishment of an Obama oligarchy.
The discovery of the additional attendants was made by D’Angelo Gore of factcheck.org and by calls to Katie McCormick Lelyyeld, Michelle Obama’s press secretary.
Mr. Gore launched his investigation of the First Lady’s staff in the wake of an article that appeared on thelastcrusade.org and Canada Free Press on July 7.
The article, which became a chain letter viewed by millions of Americans, reported that Michelle Obama requires more than twenty attendants - - more than any First Lady in U.S. History. It provided the following list of White House staff members assigned to the First Lady:
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