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Hogwash, Chris

August 17th, 2006 by ODLLC

There’s a lengthy post on LHCC’s website alleging that there is “confusion…generated by a builder” about how to get utility service to a membership lot. We agree that there is a lot of confusion, but the real source of this confusion is Chris Allison. He’s written that the current governing documents prevent the Association from getting utilities to membership lots. We’ve consistently said this is not true. In this post on LHCC’s website, the Chris Allison lie is repeated:

The Association cannot legally use Association Membership funds to extend the utilities.

So let’s see who is telling the truth on this important point.

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Posted in Governing Docs, Lawsuit, Membership Lots, Utilities | No comments | Add a comment

Dear Miller and Smith

August 13th, 2006 by ODLLC

Attn: John Conrad

We’ve received the letter you distributed in response to our mailing seeking support for a Special Meeting to remove certain directors.

You seem to be living in the past and out of touch with today’s events. You write that the “Association now has a record of prompt payments and receipts.” That was the past. The Association has nearly depleted approximately $2 million in cash and is seeking to borrow money. This is the present reality. You write that “the real estate values of [our] homes and properties have increased substantially in the past five years.” That was the past. Nearly every piece of real estate appreciated dramatically in the past 5 years. But now, the ubiquitous signs along Rt 522 of one of your company’s own builders offering 100% financing are a testimony to a simple fact of today: those homes aren’t selling as they did in the past, and the appreciation is reversing direction. This is the present reality.

Continue reading "Dear Miller and Smith"

Posted in Lawsuit, Utilities | No comments | Add a comment

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Are new Articles of Incorporation in your Vision 10, the ten year outlook for Lake Holiday? We’ve uploaded new videos from both the 5/15 special budget meeting and the 5/22 regular board meeting on our Videos page.

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