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Original Message:

Re: Santa Barbara Resort and Yacht Club Updates and Proxy/budget (by Richard W.):

lourdesr14 wrote:
john4129 wrote:
john4129 wrote:
steven397 wrote:
julieh156 wrote:
adahiscout wrote:
It's February. Is it open yet? MD
Yes, I am staying there right now. I will be staying there for 3 weeks ( I own 3 weeks). The resort is beautiful

Will anyone on this forum be attending the Feb 21 annual meeting of the membership? I will gladly assign my proxy to an owner rather than default it to management.

We just received the proxy. Eventhough the date on the Agenda letter is signed on January 18th, the postmark on the envelope is February 8th. And the deadline for them to receive your proxy is 5:00 pm on Monday, February 18th. They do list a fax number for you to send in your proxy, but still I don't think this is enough time for people to get someone to represent them at the meeting. I also hope that people have seen the 2008 Annual Budget and notice how the Resort Management fees have jumped from 172k to 256k. I guess we all know where the outrageous Special Assesment (2br was $1600) and maintenance fees (about 800). Recreation and Amenities also jumped from 2007 Budget to 2008 from 96k to 138k. If anyone else has gotten the 2008 Annual Budget and would be willing to put in their 2 cents, We'd appreciate it your feedback. thanks in advance, ramrosen

Yes it is a big raise? Why are they having this meeting on the 2008 budget, for they already sent us the final 2008 budget which they passed last year and we have already paid the 2008 maintenance fees and taxes?