Kandy

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  • Kandy
    Participant
    Kris, all beaches in Aruba are public and anyone can use them however the chairs and lounges belong to the resorts. If someone comes to use the beach they need to bring their own chairs or sit on their towels or blanket.

    After the surge when the huts were knocked down and before the umbrellas were purchased, owners were bringing their own umbrellas/tents but there really isn’t any need right now. I am here going into my 5th week and this morning was the very first day that there were not several huts/umbrellas available at 9am. It is now 1pm and I am seeing 4 huts available where people that were here earlier have left.

    So the answer is yes, it is allowed but if there is a hut/umbrella available there is no need to bring your own but you can if you want to.

    ABC will not be placing umbrellas in front of Ricardo’s because they simply don’t have the staff to set them up in the morning and take them down in the evening and no place to store them if they did.

    Kandy
    Participant
    As of now Pam Cordell, Sr. Vice President of Operations Capital Vacations our management company of ABCR, is in charge if you would have an operation question or concern.
    [email protected]
    Kandy
    Participant
    The General Manager is on Administrative leave and on the advice of the ABCR attorney this issue cannot be discussed at this time. The law prevents us from speaking about confidential personnel issues.
    Kevin Foley
    Chairman ABCR Board of Directors
    Kandy
    Participant
    Please explain how the CWA Service Allowance Severence is reached? Do you put money away for each employee every month/year or wait until someone retires and establish a money amount based on their position and the years they worked for the Club?

    Sound fiscal planning means that we must plan for our retirees, most especially since many of our very loyal and great staff have been with us for so many years. This means that we cannot wait until someone retires to provide for the outlay. So, an on-going, 5-year provision plan was created based on the CWA and is budgeted for every year.

    Do we have one insurance policy? I read that the price of the yearly insurance is approximately $64,500.00 a year. What does that cover and how much is our coverage for? I don’t understand why we are paying insurance and have such a large deductible that is $625k. Seems like the only thing that would work for is if the Club was totally destroyed.

    The amounts insured are as follows:
    Comprehensive insurance ( fire & disaster)
    USD $ 28,325,000.00 on buildings
    USD $ 2,787,000.00 on equipment, inventory and goods

    Business interruption insurance USD $ 5,500,000.00 (52 weeks)

    Particular cost insurance
    USD $ 100,000.00

    Why do we have Resale Expenses? I thought the seller/buyer pays those expenses?

    These expenses covered here are for the salary of the sales person and any other related re-sales office expenses. The income on the re-sales does cover these expenses as we do generate a profit from re-sales.

    Where is the collected/projected assessment fee shown on the Consolidate Income Statement or Proposed Budget?

    The projected assessment fee is included on the “Consolidated Statement of Financial Position” under line item “Accounts Payables and Accruals”. The amount of $2,243,706 (“Reserve for Assessment”) appears under line item “Receivables”. The US$1,210,072 appears under “Assessment Renovation Receivables”.
    The collected assessment fee as per October 31, 2018, was $1,033,634 (i.e. US$2,243,706 less US$1,210,072 receivables). Please note that the reports shown in the Convocation are Consolidated Reports.

    I noticed that there is a $278,800.00 expense listed for Management Fee. Is this for the new Management Company for next year’s contract?

    Yes, that is correct. It is for the Management Fee expense for next fiscal year (2019/2020).

    The Beach Policy dropped $30k from last year’s Approved Budget. Where does the court case stand? Will this be dragging on for years in the courts or is there a “light at the end of the tunnel”?

    The matter is still in the court as no final decision has yet been taken by the court. A sufficient Accrual amount has been made in previous years to cover this worse case scenario expenditure.

    In the Foreclosure Report (BOD Meeting January 2019), it is reported that there were 245 foreclosures. Will these rooms be used to swap out rooms being renovated or will they be sold?

    They will be used during the upcoming Renovation and will only be sold once that project has been concluded.
    Thank you in advance for your time and answers!

    Warm regards,
    Rene David Levy Maduro
    Treasurer

    Kandy
    Participant
    The question: If there was$100,000 in excess in the operations fund, why are we seeing a dues increase for 2020? Many members are struggling to pay their dues and the assessment.

    Confirming our intention is to increase the reserve fund whenever possible and, unlike previous years, we did have a profit the past fiscal year (2017/2018), thus the transfer of the US$ 100,000 to our Reserves. Furthermore, considering the uncertainty that we may or may not have a profit in the fiscal years to come (2018/2019 2019/2020, etc.), we find it advisable to at least continue with our past policy of keeping up with the Aruba Cost of Living index in our yearly budgetary planning. Thus, our dues increase for the above mentioned years to cover our projected expenses and the fee of the newly contracted Management Company.

    Warm regards,
    Rene David Levy Maduro
    Treasurer

    Kandy
    Participant
    1. The handicap restrooms have never been a “dead issue” and remained on the future projects list.

    2. CDM has never refused to pay their shared expenses. Some times there are delays on both parties waiting for bills to be submitted but they are always paid.

    3. We put the cost of the management company as a line item of the budget because if we had just an agenda item and it passed then we would not have the funds available in the budget.

    4. Tearing down the tennis courts to make more room for parking was never a “dead issue” and a sign in sheet has been kept for the past 18 months to monitor the usage.

    5. The blueprints for the bar extension have been approved by the government and again that is a future project.

    6. Lunabiento F & B Service is the company that owns Ricardo’s. In September they signed another 5 year lease. In November Ricardo handed over the day to day management of the restaurant to his sister Anky who is part of Lunabiento F & B Service so that he could concentrate more on the management and operation of his new restaurant Oak. As for Ricardo’s staff as far as we know they all will remain the same. During the August board meeting when we met with them nothing was mentioned at that time to the Board that Ricardo would be spending more time at Oak.

    7. There are no plans at this time to do any engineering upgrades to the West wing as there is no beach erosion at that end of the resort.

    Kandy
    Participant
    Yes, in order to use the facilities you must be a “member in good standing” which would apply to assessment fees as well as maintenance.
    Kandy
    Participant
    Referring to the By-Laws VIII, 11c, Maintenance fees must be paid before members are allowed to occupy their unit.
    Kandy
    Participant
    I am a member of the ABC Board of Directors so what I am stating isn’t a rumor. Ricardo’s is owned by a company called Lunabiento F&B Service VBA DBA formed by Ricardo, his sister Anky and her husband Harold.
    Anky and Harold also own and manage another restaurant here in Aruba called “Sweet Peppers”. Ricardo and his wife July own and manage another restaurant here in Aruba called “Oak”.

    Lunabiento F&B Service VBA DBA recently renewed their lease with ABC for another 5 years. Ricardo has handed over the day to day management of the restaurant to his sister Anky so that he could concentrate more on the management and operation of his new restaurant Oak. As for Ricardo’s staff as far as we know they have all remained the same.

    Kandy
    Participant
    I assume you are speaking of private sales. The only expense is the transfer fee of $250 per week or $150 per week if you are transfering to a family member.
    Who pays this fee is decided between the buyer and seller, one or the other or split between both.
    If you sale through the resales office the resort waives the transfer fee.
    Kandy
    Participant
    There were 4 out of the 5 people that applied that declared on their resume job specific, 3 for Vice Chair and 1 for Secretary. According to the By-Laws the Board can delegate their duties among themselves by mutual consent if the specific vacancies are not filled.
    Kandy
    Participant
    The nominating committee has completed their review of candidates who submitted resumes for positions on the Aruba Beach Club Resort Board of Directors. The open positions are Vice-Chair, Secretary and Project Manager. From the resumes submitted 3 qualified candidates were chosen by the committee. Two current Board members submitted their intension to run for a second term.

    Complying with the ABC By Law’s section V -Election- # 4, “this list of approved candidates for specific upcoming Board vacancies shall then be published on the website”

    As a result of a drawing held at the Week 5 Owners/Managers Meeting the following is the way Board candidates will appear on the ballot.

    1. Shaffie Wihby

    2. Cynthia “Cindy” Martorella

    3. Karen Kessler “Kandy” Cottrill

    4. Myrna Jansen-Feliciano

    5. Arthur Langbaum

    The following five Aruba Beach Club owners volunteered to serve as the nominating committee and the Board would like to thank them for devoting their time for this process.

    Patricia “Pat” Dawidczyk

    William A. Ervin, Jr.

    Donald R. Parrin

    Thomas F. Phillip

    Renee Trotman

    Kandy
    Participant
    LOL….nothing changed, the beach and pool rules will remain the same for now.
    Kandy
    Participant
    Shoco, the message was sent from ABC in error and a follow up email was sent from Capital Vacations stating a correction of the error.
    Kandy
    Participant
    @kris02420 wrote:

    @Shoco wrote:

    It was already on the BOD agenda BEFORE fastmike51 made his proposal is the way I read teamboston911’s reply.

    well ok then 😆 I’d ask again what its about but won’t. I m sure we’ll find out sometime in the near future what its about. GO PATS

    Kris…the topic is reserving huts. The present system was working fine but some members are asking that the rules be revisited. At least that is the way I am understanding it so it should be on the agenda. I’ve just arrived and haven’t opened my agenda package but I will look as soon as I get unpacked.

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