Petition & First Meeting with the Board & Property Managers

As most of you know, the Board and Property Managers finally granted everyone's request by arranging for a meeting this Monday, October 22nd 2012 at the Radisson Plaza hotel on Derry east of Hurontario (10 minutes away). The Property Manager is aware of what is going on and is fearful that if we band together and vote on a new Board that they will eventually be replaced and a new Property Manager will be hired. They were supposed to give us a week's notice and find something right next door but instead decided to give us only 2 business days notice and found a place further and more inconvenient to meet. They were also aware that Monday was not the best date for a meeting and yet they still went a head with it. Many of you including our official contact outside of the Board have been trying to contact the Property Manager and no responses have been communicated or voicemails returned. Basically they are trying to go ahead with this and leave us in the dark.

After consultation with someone experienced in this area, it should be understood that the Property Manager is trying to get the most that they can to cover their own potential expenses in the long run and the Board is just letting this happen. Usually the Board is supposed to try their best to look at all options and if possible look at other Property Managers when necessary. Remington should be on the hook for all these expenses that are getting passed on to us and not the Board or the Property Manager is doing anything about it; in fact, Remington left the paving of the roads to be paid by our fees. We can't let this continue to happen.

Two other owners went around this Saturday morning to each of your homes and collected more then enough signatures to over throw the Board and eventually hire a new Property Manager. They will bring the signatures and official positions to the meeting on Monday to present to the current Board and Property Manager which would automatically allow for a new meeting to elect a new Board within 35 days. If you didn't get a chance to sign then please come on Monday evening to sign your name.

It is important that we all show up Monday night so that we could not only fight these increases in fees but also get well acquainted with each other and make sure that we are not bossed around when it comes to these matters.

2 owners already are having a hard time with selling their homes now that the fees have gone up and have been instructed to take up to 10% of their asking price(s) now that the fees are so high. Is it fair that the value of our hard earned equity in our homes has to be so low due to the mismanagement of our current Board and the greed of our Property Managers?

Please continue to support and speak up. We need to stick together and we could get this right. It's possible and their have been many cases, we just need to all be on the same page and be involved at this point so we could then after sit back and be rest assured that our Board is doing the right thing......while keeping us ALL in the loop.

We look forward to your association tomorrow.