Author: SunnyBabe (---.stratoserver.net)
Date: 04-30-10 03:18
I understand why you are frustrated. How much is your Condo worth now.
Probably the same as you bought it for. They have been on the internet recently for as low as 165,000. How much have you spent on legal fees. Are the Condo owners paying their real estate taxes yet? I would be upset too.
A lot of people on the Island would rather see you succeed now, some think it should be bulldozed. It was a mistake, it was opposed by the majority of locals, but fast money, and the promise that you wouldn't have to make any payments because it would be so successful the rentals would pay for your mortgage, tilted your judgement. I didn't believe it when I heard it, and I looked also.
It seemed to be too good to be true, even some of the local expats figured it was a loser. I think it's better now since the owners took over. Have you paid back the tax credits you got, the tax credit that private homeowners never got and in fact they pay real estate taxes, yours is a second home too. According to my local sources, you shouldn't be getting any tax breaks now, because you are not creating new business or new tourist traffic you are competing with the
established businesses. That doesn't make sense.
Do you think it's fair that everyday people have to take up the tax slack caused by your tax credits. Is Michie B's on a tax incentive to start their business and compete with everybody else.
Have you sent a letter of apology to the community explaining you didn't design this place and that you are going to try your best to green it out (the view).
Is it true that the beach by the Condos is so contaminated that when you walk on
it you get gunk on your feet. I heard that was true from the bad sewer stories
from a big event you had (either concert or sailing) if its cleared up by now let
everybody know, the story is still going around. Maybe you or the city could have it analyzed and get that cleared up. Good Luck to you, you seem like a nice guy
in an impossible situation. Sondra (Sunny)
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