Higgins Lake, Michigan
Did you guys even have the option to buy out Slymons and the other co-owner?
Does this mean the other owners have to be voted into lakeside?
To answer the first question... yes, we would have had to participate in the screwed up bidding strategy that the court appointed mediator came up with. At one point we were going to slip in a last minute bid with another person and the attorneys all said "don't do it". It is a mess and the way it was drawn up, any other owner could refuse any offers. Essentially the court sold it to David.
In answer to the second post, transfer of the deed to add the RADKE Trust would trigger the assoc. fee..which is around 20k last we knew....
It is a terrible what has happened to your family and it is a sad day for Lakeside. If you question a board member on their ability or their lack of morals pertaining to the job, they can be easily removed. At the end of each Annual Meeting the board will ask for a motion to re-elect the board for another year. It will take ONE person to ask for a vote by the voting members/one vote per lot. It will be a paper vote and the simple majority rules. If the board member has the supporting votes by the members then he/she will remain on the board. If a person has less the majority votes then the members has spoken and that board member is removed. This is true for anybody on the board.
Pinewoods and Cottage Grove are snickering at us.
David has made intimations to various Lakesiders that he has "his reasons" for doing what he did.Anyone know what those reasons could be?
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