Re-reading the Bi-annual update dated August 1st I note the following :
"The new parking area has been filled and is being levelled. The Board has not budgeted any funds this year to further develop that property. However it appears that the sand is worth a fortune. The contractor had approached the Board and offered to supply the installation of asphalt and 4 drain wells in exchange for more sand. The Board agreed to this arrangement. It must also be noted at this point that we are in litigation with the previous Coral Beach Manager in regards to her allegedly approving the unauthorised removal of the vast majority of sand that we now calculate to be in excess of $200,000. The amount of sand that was negotiated in this last deal is a minute fraction of what was taken out previously and yet we are receiving over $50,000 in goods and services in exchange."
The Minutes dated March 16th, 2005 read as follows:
Parking Lot: An explanation to the Board regarding the contract with Freecon, Mr Silvera, and their obligation to fulfill the items of the items of the contract. The excavation allowed for 400 yards of soft soil and sand to be removed. The trucking company, subcontracted by Freecon to Gordon Rolle. Mr Rolle made a verbal agreement with Mr Galiano of Coral Beach to honour the contract as written. Limerock will be used as fill, and the dollar value between soil/sand removed and limerock fill will be shared equally between Mr Rolle and Coral Beach Hotel. P Galiano to monitor the contract."
Of interest - I have heard (therefore a rumour) that an approach has been made to the Owner/s of the adjacent lot at the rear of the complex alongside the sandpit. The purchase of the site would obviously allow its owner to make thousands of dollars in selling the sand, if approved! Maybe the GBPA would have a problem if they saw the same action taken on our site being repeated yet again. It took the Board quite a while to get permission for the change of zoning to a car park as I recall, and the official extraction of sand is quite another hurdle to overcome.
2 comments:
Oh my, can't you hear the Board (Phil) selling us on how their 'next' purchase of a lot was simply for the 'financial benefit' of Coral Beach.
That means you should also believe in the Easter Bunny, Santa Claus and that Bruno actually had the truck rental set up six months ago.
Tee hee!
If by "someone" ,who approached the owner of the adjacent lot, it turns out to be any one of our Board members, that person should be arrested for breaking both the rules contained in the Articles, and also Bahamian law as contained in the Law of Property Conveyancing-Condominium. Any purchase and/or improvement to common area MUST be approved by the Owners through a formal resolution. Without that, the person or persons responsible are involved in illegal activities.
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