Pavilion from the Ocean

Pavilion from the Ocean

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This forum, by owners for owners, provides useful information for owners to view and discuss.

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FYI - Pavilion Special Assessments Since 2010

Correct Way to Write a Special Assessment

This is a summary of the Special Assessments since 2010:

·        2010
o   $5,385,000 from August 1, 2010 - July 1, 2013
·        2013
o   $9,500,000 from August 1, 2013 - Oct 1,  2028
o   $4,800,000 from August 1, 2013  - May 1, 2019

For a total of $19,685,000 already committed.

With the proposed $4,800,000 from May 1, 2019-Sep 1 2025 we get to a total of $24,485,000.

We have until the end of 2018 to make this decision.  What is the motivation to do it now? Why the hurry?

By the way, the Condo Act, FS 718.116(10),requires that the projects within the special assessments are well defined as to scope and cost, see enclosed 2010 document.  Money can only be spent on projects defined in the documents sent to all owners.

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