Letter to ICI's Property Manager

The following is a letter from Phase 4's Brian Versaci addressed to Specialty Management's John Nee which raises questions requiring a response:

From: grampyv@hotmail.com
To: jnee@smcocf.com

Subject: LOE Mon, 15 Mar 2010

John Nee (Specialty Management),

We are looking forward to having a meeting with Specialty Management, but as yet we have not received a date, time or location (see email below). I have requested the financial statements for the last 3 months, hopefully I will receive them before the meeting.

Questions some homeowners would like to have answered at the meeting:

1. Boats and cars under repair are visible from the street, against the covenants, even though there is a fence, the top of the boat is visible. What measures will be taken in the future??
2. There are aluminum/wood sheds on some homeowners property, against the covenants. All sheds should look like the original house, please address this.
3. Some homeowners are requesting a web site dedicated to Live Oak Estates. This can be accomplished through "GO DADDY" or similar site. The cost is insignificant, but the savings could be monumental. (In the meantime, we have a blog at http://LiveOakEstatesHOA.info)
4. Please show a detailed breakdown of all monies spent by Live Oak Estates Homeowners Association.
   

Regards,
Brian Versaci
Phase 4

Welcome to Live Oak Estates HOA Forum

We are presently "Under Construction," but our intention is for this site to be a very informative message center for all the residents of Live Oak Estates with matters pertaining to the (LOEHOA) Live Oak Estates Home Owner's Association. Insightful and factual entries will soon populate the site with a forum that hopefully encourages comments from all readers. This medium will enable us to better advise and inform our fellow residents of the goings-on at LOEHOA and publish everyone's individual opinions herein.

The post below is an unofficial, and jocular observation of today's informal gathering.

Hey, everyone! It's our HOA. Let's unite and check out all the details. Do we want to solidify it or let matters drift unaccountably like they have for past 15 years?

Spearheaded by Myrtlewood Drive's own Larry Gresham, a one man task force of...well, Larry Gresham, has uncovered what appears to be a misappropriation of funds by Intervest (ICI). In addition to ICI's lack of communication with our residential members, a portion of our annual dues is being allocated for ICI expenditures beyond our Live Oak Estate phases. The suggestion is that these spent funds need to be either justified or recovered.

Charlie Ringer says "Mutiny! Let's slay the bastards and take it over! I always knew things weren't right." Riley Ringer, the Ringer's adorable cat, was not in attendance due to an early evening lizard patrol.

Bob Stover chortled, "Piece of cake. We just need to see some books! But, speaking of cake, I'm hungry now and have to return to my abode for some dinner."

The newsfeeds are streaming in as we will continue to report developments in this story throughout the evening.

Most of those in attendance wanted to know where John Noone bought his "Visor with Wig," a very dapper addition to his already avant garde wardrobe. Always fashionable, Noone was rather puzzled as to the attention it garnered. "I don't get it." said Noone. "Why, I'm always cool. Visor or no visor." Noone confiscated our reporter's camera insisting on a photo blackout. Said Noone, "If you weren't here for the meeting, you don't deserve to see my new look."

Later newsreel at 10 ET. FOX News is all over this story.

Don't forget to set your clocks ahead for Daylight Savings.