Wednesday, May 31, 2006

"The Fountain Of Information" - Tuesday Night, May 30, 2006

"The Fountain Of Information" - Tuesday Night, May 30, 2006
 
LOTS OF LATE BREAKING NEWS AND "CHET'S BOARD" IS STILL HIDING MONEY FROM VICTIMS!!!!!
 
A lot has happened in the past two weeks and especially in the past 24 hours.
 
THE PRESIDENT RESIGNS!!!!!
 
The recently elected President of Fountain Court Condominium Association, Mrs. Eileen Garey,  has told several sources that she is resigning or has resigned after being elected just one month ago.  I hope she will issue a statement as to why she is resigning.  Some of the rumors is that she bought a home in Baton Rouge and plans to either sell or rent her unit.
 
The downside of her resignation is that now, "Chet's Board" gets to appoint someone to fill her term for the next two and a half years.  This is BAD for the owners, considering that nobody on the board is an independent voice for the owners and they pretty much follow Chet around lock-step... although Don Gauthreaux did show a little independence the night of the Annual Meeting.  Since then, Chet has been allowed to run rampant over the owners, including his latest attempt to defraud an owner of around $5,000.00.... and probably has done this to several other owners in the front courtyard.  Most of the back courtyard knows to DEMAND this 20% that "Chet's Board" has tried to hide from them also.
 
"CHET'S BOARD" IS STILL TRYING TO HIDE MONEY FROM THE HURRICANE VICTIMS
 
One of the 2BR units in the front courtyard that had flood and roof damage was given figures for how much insurance money they would receive, including a letter from Chet showing the total amount.  The problem is that Chet did not tell this owner about the 20% Contractor Profit and Overhead on the flood claim and the debris removal figure from FEMA/NFIP/Fidelity National Ins. Co. and these figures added up to around $5,000.00.  This owner now knows they are being ripped off for this amount and they plan to get ALL of the money that is due them for their repairs and renovations. 
 
I wonder how many other front courtyard flood victims have not been told about the 20% Contractor Profit and Overhead and Debris Removal figures????? 
 
As far as I know, the Board has still refused to show the financial records to any of the owners or mortgagees as provided for in the Bylaws.  The Bylaws are very clear that the "books" should be open for inspection but I guess they have too much to hide to allow anyone to inspect the books.
 
AL THE MAINTENANCE MAN QUIT TODAY!!!!!
 
Reportedly because of Chet's rude and obnoxious behavior towards Al, he has said goodbye to Fountain Court.  This is going to be very costly to the owners since Al was probably working for a lot less than he could have made elsewhere and it will probably cost twice as much to replace him due to the current workforce economics.
 
I guess this is why Chet has to hide insurance proceeds from the victims... to pay for his constant money wasting debacles.
 
Until next time.... let "The Fountain Of Information" flow!!!!!
 
Sincerely,
 
Lenny Vasbinder, Editor & Neighbor
 
Sheetrock Installation, Doors, Trim, Cabinets, Finishing,
Painting - Interior & Exterior, Hurricane Damage Cleanup,
Gutting & Tear-Outs, Sheetrock & Flooring Removal,
Handyman Repairs, Homeowner's Contractors Agent (HCA)
504-621-1870  eFax - 413-318-0742
NHSNOLA@Gmail.com  LNVTM1@Gmail.com
 
***THANKS to everybody who did anything to help New Orleans and any other Hurricane Katrina victims.  Please come down to New Orleans for Summer Vacation to help us recover from Hurricane Katrina.  All of the tourist hot-spots are up and running!!!!!
 
 
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