Subject: Re: Assessment deadlines
From: vasilios litsas (vlitsas@yahoo.com)
Date: Thu Mar 11 2004 - 22:56:38 CST
please read attached file.....thank you.....we all need to come together on this issue and voice our concerns.....we cannot let first properties dictate such a huge financial decision in such a short time......
vasilios litsas
unit 704
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1250 W. Van Buren #708
Chicago, IL 60607
March 10, 2004
Michael E. Rutkowski, Sr. Property Manager
760 N. Ogden Ave.
Suite 2200
Chicago, IL 60622
Attention: Special Assessment
Dear Michael E. Rutkowski of First Properties LLC and The Vanguard Lofts
Board:
This is a formal petition to the Board and First Properties LLC by Jenny
Lee,owner of Unit #708 at 1250 W. Van Buren. After consulting with several
attorneys that specialize in condominium law, I have been advised that it is
within my rights as an owner to submit a petition to the Board to come up
with a mutually satisfactory payment plan for the recent special assessment.
I have been told that each owner should be given the opportunity to work out
a acceptable payment plan specific to his or her financial situation and
thatthe Board and First Properties LLC needs to recognize my request for a
petition. Until the Board addresses me, I cannot enter into any financial
agreement with First Properties LLC and this March 12th deadline is put on
hold. I find the suggested payment plan unreasonable and suspect to inquiry.
I look forward to hearing from the Board and can be contacted at
312-738-2401.
My assessment amount is a huge sum and a 3-month deadline for the funds is
blatantly unfair. We owners need to be presented with a longer payment plan
option (12 month timeline is the minimum), without being coerced into a
loan.I am not alone in my protest, and if a request for a longer payment
plantimeline is ignored by First Properties LLC and The Board, your
mismanagement of our property and our misrepresentation as owners will be
open to serious review.
Sincerely,
Jenny Lee
#312-738-2401
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