From a Resident:
“There appears to be no justification for allocating $75,000 in legal fees within the condo's budget. What specific legal matters are anticipated to require such a substantial expenditure? Additionally, I have observed that the budgets do not reflect any carryover of unused funds into subsequent years. What happens to the unspent amounts? It seems that these funds effectively disappear at the end of the fiscal year, which raises concerns about the accuracy and transparency of the budgeting process.”
Budget Meeting December 11, 2024: Question asked abaout a $10,000 over billing by a law firm
Alan Rothenberg lied and said no law firm over billed Estates ll. Estates ll was indeed over billed by the Condo's law firm, yet the board failed to take appropriate action, neither terminating the firm's services nor seeking reimbursement for the unauthorized amount.
It may be reasonable to account for a minor over billing discrepancy, perhaps amounting to an additional hour or two of inadvertent charges. However, the sum of $10,000 is not only excessive but lacks any logical basis. Furthermore, the boards lack of requirement for the law firm to issue a refund check to Estates II raises significant concerns.
Estates II has increasingly become reliant upon the continued services of the law firm, a marked shift from prior practices where the board effectively resolved matters without significant legal intervention, resulting in minimal legal expenses. In light of this shift, it is noteworthy that we are now budgeting an unprecedented $75,000 for legal fees. This situation suggests that there are fundamental issues with the operational management of Estates II that warrant immediate review and rectification.
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