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Plaza Resort & Spa. Board Elections
Plaza Elections I was very curious about the Plaza elections, as 100 condo units out of 323 units are in the hands of the lender, that got the property from the developer in a bankruptcy case. The lender now owns 100 condo units besides the commercial space and the operation of the resort.
There are two associations, and the Master Association controls the commercial space, the Front Desk, and the operation, and it is run entirely by Lender’s representatives.
Then there is the Plaza Resort & Spa Condo Owners Association. So, when after the election the results were 112 votes for Michele Howe, who is Lender’s representative; 108 votes for William Caulfield, who is also Lender’s representative, and 38 votes for Anina Devanguardia, whose company owns unit 1401 since the conversion to condo-hotel in 2006.
What a difference: 112 and 38.
112 is, actually, a smaller number here.
-Why?The lender has 100 votes because they have 100 units, so 112 votes mean that there were 12 actual people, who voted for Michele, and 8 people, who voted for William Caulfield, the President of the Association. And there were 36 people voting for Anina Devanguardia. Now tell me who got the majority of votes?
I am not sure ... more

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