Comments on: Water Water Everywhere! http://www.venetiaonline.com/2008/02/16/the-roof-management-update/ The Venetia Condo Online Community Fri, 21 Nov 2008 10:46:57 +0000 http://wordpress.org/?v=2.5.1 By: Gabriel Mendoza http://www.venetiaonline.com/2008/02/16/the-roof-management-update/#comment-98 Gabriel Mendoza Mon, 18 Feb 2008 15:27:01 +0000 http://www.venetiaonline.com/2008/02/16/the-roof-management-update/#comment-98 According to our 1 st Special Assessment. The first item listed was the replacement of the roof at $354,880. According to the graphs a total of $785,334 as been collected so far from both special assessments. Why if the roof was the first priority and we have collected almost half of what it would cost to replace the roof have we not replaced it, especially when it is being advised by Fernando that it could collapse. Why are we waiting and risking for the roof to potentially collapse?? Especially when he says it is not just bad IT IS VERY BAD. A total of $301,486.00 as been spent on other expenses of both special assessments so far. That leaves the association with $483,848.00 Cost of Roof Replacement is $354,880.00. Remaining balance is $128,968.00. We must continue to collect on the special assessments but we must also spend on the first priority that is on our 1 st special assesment budget. I know many compare our expenses to that of an old home, which is the case, but if my roof at my home was collapsing and we have enough to cover that expense from the collections of our special assessments and it was or first priority we must act as soon as possible. I base my questions and concerns on the graphs that have been posted on this site and an email which I received from Candice Vassillion, attached in the email was a revised assement chart. Candice Vassillion was part of the budget committee. Gabriel Mendoza Association Member-403 Board Candidate 2008 Ref: ventiaonline.com and email from Candice Vassillion According to our 1 st Special Assessment.
The first item listed was the replacement
of the roof at $354,880.

According to the graphs a total of $785,334
as been collected so far from both special assessments.

Why if the roof was the first priority and we have
collected almost half of what it would cost to replace the roof have we not replaced it, especially when it is being advised by Fernando that it could collapse.

Why are we waiting and risking for the roof to potentially collapse?? Especially when he says it is not just bad IT IS VERY BAD.

A total of $301,486.00 as been spent on other expenses of both special assessments so far.

That leaves the association with $483,848.00
Cost of Roof Replacement is $354,880.00.
Remaining balance is $128,968.00.

We must continue to collect on the special assessments but we must also spend on the first priority that is on our 1 st special assesment budget.
I know many compare our expenses to that of an old home, which is the case, but if my roof at my home was collapsing and we have enough to cover that expense from the collections of our special assessments and it was or first priority we must act as soon as possible.

I base my questions and concerns on the graphs that have been posted on this site and an email which I received from Candice Vassillion, attached in the email was a revised assement chart. Candice Vassillion was part of the budget committee.

Gabriel Mendoza
Association Member-403
Board Candidate 2008

Ref: ventiaonline.com and email from Candice Vassillion

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