BOARD ACCRUES LATE CHARGES OF $3.200 AND WANT UNIT OWNERS TO PAY FOR THIS

Unit owners have access to the association's payment history with the insurance finance company by visiting www.premiumassignment.com.  An inquiry revealed that this board has caused over $3,200 in late fees by repeatedly failing to make their payments on time.    Because of this payment problem, all unit owners were left without insurance on March 28, after the board issued a check that had insufficient funds and later failed to make their next payment on time.  It appears that unit owners have been made responsible for all these late charges and cancellation fees.  This board continuously denies that they have had any wrong doing.  Unit owners are cautioned and informed to verify that insurance payments are made every month.  (See "Proof that Insurance was Cancelled.")  Financial damage caused by the previous cancellation has been calculated to be over $100,000.  The funds to pay for these damages, including the deposit for the new insurance premiums, cancellation fees, late fees for the past policy, and fire and vehicle property damages, and other liabilities were taken from the association's collected funds, contributed by all unit owners.  Though the board and property manager continue denying that the insurance was cancelled or that they were responsible, there exists sufficient proof to demonstrate that they have had knowledge of this cancellation, and there is proof that board members have issued numerous checks from the association's funds to pay for these damages.  (See "Check Register and Payables".) and (See "Board Lies and Says That Insurance Was Not Cancelled.")