Board of Directors

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Original Message:

Re: Board of Directors (by Tom V.):

My assessment is $11k for a four week every other year deaded ownership. My maint fees have doubled since I bought these units and I've found that the resale value is about zip.

I wonder if we can't force a complete liquidation of the property. Let someone else tear the buildings down and rebuild and we walk away with whatever 1/ 10,000th of the selling price is.

Diamond says the renovations will cost $65 million. I'm thinking if the property was sold we'd each get something....let someone else deal with it.