Update 6/1/2015

A residents’ meeting took place on 5/30/2015 at the clubhouse. 48+ residents were present. The meeting covered the following subjects:

  • Legal report: class action will not be pursued. This is due to the possibility for a significant delay in the process, and increase of the cost by the technicalities of how the “class” is defined, which has the potential to forestall any meaningful progress. The attorney has advised that class actions are typically pursued when there are many thousands potential class members and millions of dollars at stake, therefore the costs of class definition are recovered when the suit is won. Our case does not fit well with this model, therefore we will proceed with a simplified court action listing the residents who want to be represented along with their financial injury and the specific demands. To be represented in this filing the residents have to provide the executive board with copies of their lease and letter of rent increase.
  • A draft letter was shared with the interested residents who are on a month to month lease and would like to change to the annual lease. This draft has been sent to the attorney and the Board will advise the residents when the attorney issues any advise on it; in the meantime the letter is available to residents to use along with the copy of the House Bill 05-1058. To request these documents please send us an E-mail asking for a copy.
  • Financial report had been presented.
  • Vote of residents was taken on the issue of legal representation in the simplified filing, and potential cost sharing if the attorney filing fees exceed the existing budget of the Association.

The meting was then formally adjourned, with many residents verifying their details on the list of the filing participants, and participating in general discussion.

No new meeting has been scheduled at this time.

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