Special Meeting of the Association (Updated), November 12th, 2008, 6:30-9:00pm.
To be held at Lake Washington School Dist. Admin. Building.
16250 NE 74th Street, Redmond, WA 98052.
All owners are encouraged to attend. Purpose: question and answer period regarding Building Envelope Restoration Plan to be followed by a vote.
The association/board has received and reviewed surveys from about 70% of unit owners and will come prepared to answer the questions and concerns raised in those surveys to the best of their ability. A second vote is being held at the advice of the association attorney, because there was nearly a majority of owners supporting the project at the first vote and because many owners expressed with added time for consideration and/or better financing options, that they would support the plan. Meeting held and vote taken on Restoration Project. Project approved by 60.9% of ownership with requirements that 15 year financing be provided for any owner not able to pay assessment from personal resources/loan and that base bid price of project not to increase by more than 3% from original bid, before accepted by Board of Directors.
