In Gary Tucker’s recent hurricane update, he tells us that we will soon be getting a letter from the board regarding remodeling the kitchens and that he feels this is our only opportunity to do this. He adds that it’s likely that there would be a special assessment required to pay for the work.
I don’t think any of us would dispute that the kitchens need remodeling, and that this would be an opportune time to do it. And while we all appreciate forward thinking, I’m not convinced that it’s a good idea to be talking (and voting) on this before we know how we stand with the cost of the hurricane repairs, and whether or not a special assessment will be necessary to partially pay for the repairs or to obtain our financing, or both.
We do appreciate the effort and hard work put forth by Gary Rumberger, Gary Tucker and Mike Oostmeyer throughout all of this, but as owners of 10 weeks, multiple special assessments might just be more than we’re willing to pay.
While it may make sense to do the kitchen work while everything is torn up with the repairs, I’m not sure that this is our only opportunity. I think we might just be getting out in front of our skis a little bit, planning this project before we know how much the hurricane restoration is going to cost us.
We urge the board, management, and other owners to think very hard before we bite off more than we can chew.