Newsletter – Summer 2011

Blue Tree Times Newsletter - PDFExcerpt from the newsletter:

With the coming of another exciting year for Blue Tree Resort, we are very pleased with the status of the Resort. The building painting, window replacement, and elevator installation projects are all nearing completion. However, during the window replacement and painting projects, significant concealed damage was discovered which required priority Board attention and adjustments to our reserve budget plans to address. The total of unplanned repair expenses was $287,750. As a result, the Board has directed the management company to delay the room refurbishments which were planned for later this year, so that total reserve expenses will remain within our planned budget outlay. We have nearly completed room refurbishments for units designated for early in 2011.

Continue reading the Newsletter – Summer 2011.

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