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Newsletter for May

May 15, 2009

This is my Newsletter for May.

I just got our delinquent list from Shannon.

as of May 13Th 2009 we have following delinquent home owners.

BAJA 9 UNITS
GRANDE 7 UNITS
BONITA 7 UNITS
DELPHIN 5 UNITS
VILLAS 17 UNITS
TOTAL OF 45 UNITS.

WE HAVE TOTAL OF 172 UNITS AND 45 ARE DELINQUENT WE HAVE 127 THAT ARE CURRENT.

WE HAVE 74% OF HOME OWNERS CURRENT AS TODAY.

THE BOARD MADE DECISION TO SUSPEND VOTING RIGHT OF THE THE DELINQUENT UNIT OWNERS AS STATED IN THE CC&R'S 5.15

SINCERELY jAANA PONZIO