For Project: A002656/001 - WINDSOR GATE CONDOMINIUM
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The current executed Management Agreement must be submitted. Ensure the Management Agreement gives the Condominium Association the right to terminate the Management Agreement with no more than 90 day notice. Income and expense statements for the previous two years. Balance Sheet dated within 90 days of submission. Income and operating statement dated within 90 days of submission. Documentation supporting special assessments, including information regarding the purpose, term, payment status, total amount of the assessment, amount of the assessment per Unit. A dated legal document evidencing Resolution of a Financial Distress Event, a letter of explanation describing the cause of the event, and measures taken by the Condominium Association toprevent a future Financial Distress Event. REJECTED 5-10-24 LKM |
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