Lovely beach and pool day again today, after a very good evening yesterday. About 50 Owners joined in the gathering by the pool even though the wind was blowing a bit too much which put some other Owners off, but they missed out on some tasty food and a good time. Maggie Vander Woude won the draw and I'm sure had plans for the immediate use of the cash! Wilma Turner was pleased to have half the pot to put towards the next Owners' event. Among the chit chat I was told that the AGM Minutes will not be long in coming. I also heard that the Board would be meeting today so maybe we will soon learn which Members are on what committees.
This afternoon we spotted a fountain in the Riviera Towers parking lot, and a man with an air compressor putting a hose into the hole close by the sewage aerator in the car park. The resulting spout was at least 10 feet high....... looked more like water than anything else I rush to say!
Today one of the Lucayan Towers buildings has just informed their Owners that there will be a $4,000 assessment per studio, I don't know what it will be on the larger units. Meanwhile I notice quite a few apartments for sale here at CBH, including a few one-bedrooms, and one is priced at $120,000 which is somewhat short of the $150,000 - $160,000 we were told was the going price last week.
The 'boardwalk' pathway to the Pool from the lobby is now tiled with the pale sandy coloured tiles that match the lobby corridor itself. It looks so much better and of course is much safer than the slippery tiles they've replaced. Sad to see that some of the tiles in the elevators have started to crack and chip already. I guess the volume of heavy traffic using the elevators was unexpected.
Just a reminder that the flea market/garage sale takes place next Saturday - info is up on the notice boards in the lobbies. I am told that "Dream Girls" at the Regency Theatre is a smash hit and well worth going to see, there will be performances next weekend too. Yesterday evening Congo Man handed out tickets to his new Island Show at the International Bazaar - Tuesdays and Saturdays at 9pm. I hope to hear more details soon. So with Fish Fry on Wednesday, Rake n' Scrape or Island Boys at Bikini Bottom at Williams Town beach from Thursday to Saturday and more live music at the Curley Tail on Sundays - there's lots to entertain you right now. Plus one active Owner tells me that taking a bike ride to the Dolphin enclosure about 7am in the morning gets you a free show, from outside the fence though.
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3 comments:
How can the Board claim one bedroom units are going for 130-160,000 when they know there are many units being offered by one owner for well under 100K? These bargain basement prices will drive down the prices on everybody's property. Intentional?
The BOD's claim of increase in value had nothing to do with their perceived management abilities, cost cutting, paper & paint.
It is/was plain and simply, the vertical financial growth in the USA/World market (trickle down economics) for past ten years then of course the 60% increase in value in the Canadian Dollar, thanks to the Chineese investment in the Oil Sands recovery in Alberta Province.
Being on a beautiful beach helped also.
I fear that our values will continue to errod because of the bad press that Mr. Rufa has caused all over the Island and more importantly through word of mouth and the internet.
We Owners are stuck between rock and hard spot, why would new people want to enter the fray.
Bruno made many documented promises at the AGM and We will have to wait and see.
p/s Leopards don't change their spots.
Am I missing something? I haven't seen sight of the AGM Minutes for 2008 yet. It will be good to see the list of those promises you refer to.
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