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Thread: Concerned About IRS Decision
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Old 11-02-2013, 02:49 PM
ijusluvit ijusluvit is offline
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Originally Posted by Advogado View Post
In case you missed it, there is an interesting little article on page 17 of the November POA Bulletin about the use of our amenity fees to pay attorneys to defend the Developer's use of tax exempt bonds: http://www.poa4us.org/bulletins_file...etin201311.pdf
It is a relief to hear that the POA intends to sue the Developer for the repayment of those legal fees in due course. I usually don't pretend to know enough to predict the outcome of legal battles, but this one looks like a slam dunk for the POA and probably a reasonably quick out of court settlement. I wonder if Mr. Morse will mark the occasion of the settlement with another full-page ad in the Sun graciously agreeing the settlement is fair and just and he is happy to comply with it?

Go POA G0!!