Original Message:
Re: Diamond Resorts enormously increases the cost of Maintenance/Reserves on their resorts. (by Richard W.):
The clear course of action here seem straightforward. Elect only owners to the board; that is no DSI employees. Conduct a thorough evaluation of the project costs: $65 mil sounds way out of line (~$300k per unit). Work out a payment plan that spreads the SA over a longer period of time. Also determine what loan possibilities exist for this property.
In the meantime, owners should organize at our Facebook page.
https://www.facebook.com/pages/Point-of-Poipu-Angry-Owners/148027451960608