1. The attorney's were awarded the $7M in the Paradise Rec Center suit out of the $40M the Developer lost for neglect of the facility. Six residents, some POA members actually put up their own personal funds to help the suit. After the settlement ($40M Developer Loss) the Attorney's decided to donate $300K of
their fees of $7M to the six who took the risk and stood to lose significant personal funds. The six were to split it evenly and they did with each receiving
$50K. How many of you stand ready to sign up to spend your own money to protect your neighbors property. By the way you are all continuing to reap in the benefits of the $40M as it has and is going to your advantage.
2. In the case of the current loss the Developer spent $300K to try to avoid some accountability and lost of control of dollars spent South of 466A. . If you think he won and you lost you may want to reexamine the facts and decide who really lost.
3. The POA has existed for 40 years and the VHA a rather short time. The original developer liked the POA UNTIL it sued to enforce the Developer to take care of the Paradise Rec center that was falling apart, (e.g.mice and rats in the ceiling, etc.). When they lost and had to put aside $40M to ensure
future support for needs of the Village the Developer (as you can guess) became pretty darn angry and created the VHA. It goes on today as the arm of the Developer and as seen in the last Daily Sun, etc. continues to try to
destroy the POA and any independent support for the residents. The POA continues after 40 years to work for the residents and as an independent
support for its neighbors.
Just some history to digest.
