Positively Palermo has received another concern about the upkeep of the former Enterprise property now owned by MB Bank. Part of the green temporary fencing is in disrepair with portions of the canvas flapping in the wind. Vandals also have hit part of with tagging. A questioned raised is why the bank may be taking a hands-off approach to certain care that residents may want but still wants to exercise control by voting more than 100 votes in the previous HOA board election? Another question is whether there exists a point person at the bank in Chicago for residents to contact. Miss Penny Lane says: She away at the moment but wouldn't mind being fenced at Palermo.
25 comments:
Disgraceful.
Same here with 10:04. The bank has ignored us but voted thanks to Michael Heath for someone who got few other votes but seems to ignore the problems with its property and units. Did Michael Heath ever apologize for what he did to Palermo with the vote and where is the dude?
Sorry, but I don't see where Michael has to apologize. First, he like everyone else did what he thought was best. The other is if the other candidates did not solicit the bank for its votes how is that Michaels fault. It is the canadits job to solicit votes. To just get on Michaels case because others did not campaign is hardly Michaels fault. Actually I applaud him for his creativity.
Does anyone know who the contact is at te bank because I would like them to use their creativity to manage their renters.
What exactally is it that they need to manage with their renters?
The bank has taken a big loss on this property.....why does anyone think the bank would spend a dime at this point? Trying to contact the bank is pointless.....they don't care. They are trying to unload the property. Just hope another developer buys the property and does something positive with it.
They care more than enough to vote so they should care about the maintenance, and that will only help get a good buyer if they keep up the property. If the bank is interested enough to vote, then why is not the HOA making them pay for care of the land?????
to 12:59, really, we are supposed to give in that banks don't care and not expect anything from them, but then it is fine for them to take the time to vote and not just vote, but to vote against the people of Palermo. Sorry, does not cut it. Ya can't have it both ways. But the bottom line is that the bank screw up on this because someone else (Village Property) got involved in the vote.
to the 8:41 post. Michael Heath owns a property here. So please explain why he should not do everything in his power to get someone he feels is best for the Job to get on the BOD. Seems like people think that Michael should of gone and got votes for other board members as well. Now as far as the bank is concerned, of course they should be looking after the place and its up keep. However who on the board is supossed to open a converstaions with the bank. I have been to the owners meeting and have never heard anyone bring up who the contact is at the bank. Ther is NOTHING keeping people here from calling the bank or going door to door and sigh patitions. Complaining here is not the best course of action. Seems like people like to do more complaining about things instead of getting up and doing something (not talking about it) but doing soemthing about it
To 12:28, I agree that you never hear about the bank rep at the meetings and that is why people were so upset that owners stormed out. The board ought to hold the bank's feet to fire now that it wants to intrude on the inner workings, including making them pay for the outside area that is their responsibility. If they want to be active in the HOA in that way they have done the voting, then they have the time and interest to pay for what they should be paying for. Before the vote I thought "the bank's the bank and we can't think they will be involved" but now we know better. Casting those votes at the behest of someone has opened up a can of worms for them. LOL. Justice.
I am a renter here and follow the sight. I can see the fustration level going on here. So, as an outside source looking in might I make a suggestion. I would find out who the contact is, if you cant get it from the board I am sure if we get creative we can find out who that is. You should, along with a lot of other residents, send the bank a cetifed letter outlining your concerns. I would bring up in the letter about the amount of votes they have and get a flat out explination. If that does not work then perhaps some people should go to the bank and demand to speak with someone in charge. In this economy and all the heat the banks are taking it is going to take a lot to get them to move. However, they hate real heat and the squeaky wheel gets the grese. The plan would be to bug them bug them until you get results. To be honest if everyone would write the fustration in a letter to the bank vs. the time they took to say it hear would probally get better results. No sarcasum or disrespect was ment in any way in the post
agree that the bank now must pay for its fair share if it cast all those votes. We should thank Heath for now knowing that will not be absentee and will cough up some cash.
The posts above suggest that the bank is not "paying it's share". In what way?
The bank owns 30+ properties that are rented out by Village Property Mgmt. From the rent received, Village Property/the bank has to pay HOA fees for each of those properties just the same as all the other owners pay their HOA fees.
For the undeveloped part of the property, HOA fess do not apply, but as owner of the land the bank is responsible for maintenance, such as the fencing, etc.
If the bank sells the properties and undeveloped land to someone else, those rules will apply to them. And, I think we should all expect to see that the future owners of the 30+ properties and land will themselves want to have some involvement / influence over the way the place is run - and in turn in future HOA board elections will be entitled to cast their 100 or so votes in any way they choose.
As for all the anguish over the way the bank voted - what is the point of all the complaints? The bank owns 30+ properties, they had 100 or so votes, what they did with them was their business, just the same as the way each of you voted is your business. It was their right to vote any way they wished.
But more important, despite the way the bank voted, we do now have directors on the HOA board that represent the property owners, me included - exactly what an HOA is supposed to do.
LOL. 5:15 is an owner? Right.
@6:15, yes the person who wrote the 5:15 post clearly stated they were an owner. The whole point of an HOA is to represent the home owners. If someone renting one of those homes has an issue with their property or the community, that is something they need to discuss with the home owner or the rental management company. Renters are not owners and have no say in what the HOA does.
5:15 is ignorant of the facts of the situation, and who pays for what.
@8:48 so, if 5:15 is ignorant of the facts then perhaps you could accurately describe what the facts really are. Everyone would be much better off if we all had a complete and correct understanding.
If 10:06 were an owner and ever went to a board meeting, s/he would know that the bank is not paying for about $100,000 in yearly expenses that it is supposed to. 10:06 knows zilch about property management and how developments.
If they know zilch about property management I know where they can get a job, or maybe they already work there. LOL.
@ 7:25 am and 8:02 am - as per prior post, can you please explain what the $100,000 expenses you say the bank is not paying. Does it relate to the HOA and the existing homes, or does it relate to the undeveloped land that the bank owns? There is no reference to this "bad debt" in the HOA budget.
To 1:51, this is talked about at nearly every HOA meeting I have called in on in regards that the HOA is paying for the clubhouse, pools, outside areas, gates, streets, electricity that the developer (now bank) is required to pay for but is not. The board should not be allowing the 34 units (bank) to even vote because they are in violation of the rules for nonpayment.
The bank certainly needs to look and examine how its property is being neglected. Do u see all th trash???
Major property management problems with the bank property here.
The bank has no one here. They have no one in Palm Springs to watch over the place so this is what you get. No surprise.
I have been missing all the fun here as I see I need to be participating more in the blog postings! Please feel free to bring issues to my attention related to the vacant land, models and the rental units that Village Property Management maintains. Given the sense that is left in these blog posts - that there are many concerns taking place and unanswered - why do more residents not log these concerns through our office? Some residents are proactive and contact us, but not at the level of concerns insenuated from these blog posts. Please bring issues to the forefront – for everyone’s benefit. Otherwise they will not be addressed.
This I feel goes without saying but…for the record, the bank asked me for information on all the candidates. As I have only had experience with Patrick and Travis, that is all I could offer. It is not my job or position to dictate the banks sole decisions. If it was they would have made me their proxy. Let’s not be so adamant that the bank must not have voted for the new faces. Perhaps it is easier to assume they didn’t…the reality may not be what some want to hear.
We can be reached at mheath@VPMrents.com or via phone at 888.503.2909
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