Dear Readers,
HEADLINE - HAPPY THANKSGIVING!!!
I hope and pray that everybody is having a wonderful
Thanksgiving... spending time with your family's and loved
ones. All of your neighbors here at FCC are sorry you are
not here to spend time at FCC but I am sure next
Thanksgiving will be memorable in your renovated Condo. I
pray that everybody will be back by then.
COURTYARD CHATTER -
This is a new section to "The Fountain of Information" which
will just share information heard around the Courtyards at
FCC. This would be the same type of information that you
would have heard around the Courtyard if you were living in
your unit at this time.
1) CHET HINGLE IS NOW EMPLOYED FULL-TIME BY FCC - That's
right... word around the courtyard is that Chet Hingle is
now working eight (8) hours a day for FCC but he is not
here. He is now deemed an "off-site" manager and has all of
the books and records in his home office. I guess, with all
of the "ILL-GOTTEN" money that is flowing into the coffers
of the Association, the Board has found it necessary and
affordable to hire Chet Hingle on FULL-TIME!!!! I wonder
if that was part of the "Secret Plan". Build up enough
"ILL-GOTTEN" money so that Chet Hingle can spend 40 hours a
week on FCC time, while at his home overseeing whatever
renovations and cleaning that is being done there. Chet
supposedly is living in the 2nd floor of his home while he
has a FEMA trailer parked in his front driveway. I guess he
needs the kitchen facilities of the trailer since his
kitchen was flooded.
I really have to wonder what he is spending 8 hours a day on
(of FCC time) around his "home office". Is he really doing
FCC work or is he working on his home and dealing with his
personal matters?
I guess he had to come up with this "FULL-TIME" plan to make
money off of the hurricane victims here at FCC since his
other "Secret Plan" was exposed about him being on
unemployment.
2) I am not able to verify any of the above information
since yet another OWNER was refused access to the financial
records. That's right... we are now up to around six owners
who have tried to avail themselves of their rights, per the
Bylaws, to see the financial records of the Condo's.
Another owner came to see the records but since Chet Hingle
is now "off-site", James Williams (unit #79) told this owner
that the records are not available. James Williams further
told this owner that they had no reason to see the records
and since they were not an accountant, they would not
understand the records anyhow. WHAT A PILE OF CRAP!!!
Since James Williams is a Board Member and is the
Secretary-Treasurer (as far as I can tell), HE SHOULD HAVE
HAD THE RECORDS WITH HIM AND SHOULD HAVE SHOWN THE RECORDS
TO THIS OWNER WHO MADE THEIR REQUEST EXACTLY AS DIRECTED IN
THE BYLAWS!!!!! Instead, he just blew this person off and
did not offer a time or place to see the records.
I SPOKE TO AN INSURANCE PROFESSIONAL AND I GOT A MONEY
SAVING AND/OR MAKING TIP -
I spent a good amount of time on the phone talking to an
independent adjuster who has years of experience with
apartment complexes and condo's. One very important piece
of information that he gave me that each of you need to
check on is whether your personal home-owners, storm or
flood insurance will pay all of part of any deductible that
is taken out of your money by the Board. That's right...
according to my source, your personal insurance may cover
your portion of the deductible that the Condo Association
passes on to you. There may also be some provision to pay
for cleaning and trash removal which the Condo Association
is planning on passing on to you.
The only problem with this GREAT IDEA, is that the Board and
Chet have steadfastly refused to tell anyone what the
deductible and trash removal expenses are.... so you cannot
submit a claim to your own insurance until they provide you
these figures. Only God knows when they will find the time
to send you a letter detailing these "unknown" expenses.
Well, they're not "unknown" since the Board and Chet have
all of the bills and receipts... but they REFUSE to share
this information with any of the owners. As previously
reported, the Flood Insurance deductible for each courtyard
could be as high as $25,000.00 (or over $1,000.00 per unit)
and the Storm Insurance deductible was $5,000.00 earlier in
the year so even that would amount to hundreds of dollars
per unit. YOU REALLY NEED TO FIND OUT WHAT YOUR PORTION OF
THE DEDUCTIBLE IS GOING TO BE SO YOU CAN SUBMIT THIS AMOUNT
TO YOUR OWN PERSONAL INSURANCE CLAIMS.
EDITORIAL REPLY AND QUESTIONS -
In the past, when an owner made a request to see the
records, Chet Hingle has made them make an appointment to
come back and see them. This sure is strange... did he need
time to "cook the books"? Is that what is going on this
time? If they are not doing anything wrong, then why do
they refuse to show the records to owners as the bylaws
dictate? The bylaws clearly state that ANY OWNER or their
agent can view the financial records during normal business
hours... and they do not have to make an appointment or give
notice of their intent to view the records. This is a
built-in security procedure so that the Manager and Board do
not have time to "cook the books"... but this Board and
Manager do not seem to understand this part of the bylaws.
I hope and pray that at least one of the Attorney's involved
in this matter have filed suit against the Board and Chet so
that the Court will have some oversight as to what the heck
is going on here.
They are hiding OVER A MILLION DOLLARS ($1,000,000.00 PLUS)
of potential insurance claims payments (YOUR MONEY) and they
are refusing to let anyone see how much money has come in
and where it is going. I sure hope and pray that everything
works out for each of the victims of Katrina.
Until next time, let "The Fountain of Information" flow!!!!
Lenny Vasbinder, Editor
"The Fountain of Information"
Brought to you in part by:
Neighborhood Home Services... helping our neighbors with
guaranteed work at a fair price... in fact, about 1/3 to 1/2
of what most other contractors are charging for gutting,
tear-outs and hurricane debris removal and cleaning.
http://www.NeighborhoodHomeServices.com
Hurricane Damage Cleanup, Sheetrock & Flooring Removal,
Homeowner's Contractors Agent (HCA), Handyman, etc.
http://lennyvasbinder.blogspot.com
504-621-1870 eFax - 413-318-0742
NHSNOLA@Gmail.com LNVTM1@Gmail.com
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