Jim spoke with Tacoma Power regarding our electricity. Up until now, no one knew if or how our bills were being paid. Jim learned that Mastro has NOT been paying the bills (big surprise), leaving our development with 19 unpaid bills totalling $2809. We have 23 meters within Grand Firs, so 4 bills are missing.
Jim and Mark will work with Tacoma Power and the bankruptcy trustee to see that the unpaid bills are paid out of the bankruptcy and not the HOA. Jim says this should give us a stronger bargaining position with the banks and the court to at least give us temporary control of the HOA. We're at a point of needing control ASAP to collect 2010 dues and get our current bills paid.
Monday, February 1, 2010
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