Quote:
Originally Posted by rubicon
The POA sued the Developer and they settled for $43,000,000 of amenity funds being held by the Developer. In that agreement the POA arranged to have residents run for a seat on the ameity Advisory Board that would oversee how this money would be spent. all funds apply only to the districts north of 466.
|
I would think the money to repair gates comes from the maintenance fee charged each homeowner at the end of the year. Isn't the $43 million for amenities and not maintenance of non amenity items?