Post by Admin on Nov 19, 2015 10:55:15 GMT -5
This is a cross post of the guesstimate of the cost to Owners of the last Revitalization. The OP (Original Poster) wondered if the Management Company's attorney, Brown, GaGaKnees et al, who were informed in writing that the Revite Ballot was illegal, would fund the expenses of the 2nd revitalization attempt.
1- One must look to the past costs and here's how it drills down:
Feb Admin Costs 8104.00 This is likely to be largely mailing costs of very large revite packages to Canada and US and caused the OVER budget condition of $6271, hot dogs and stickers with "I Heart SLR"
Feb Salary $
?? Several office employees worked over a weekend prepping the packages. Probably on overtime.
Feb Ridge Printing 4139.20 This is clearly annotated "revitalization supplies" on the check register
Feb Legal 7350.00 Without invoice, it is unknown exact service but it is likely to be all revitalization due to timing. Remember that 3 attorneys attended the Revite Dog 'n Pony Show and likely billed SLohA 3 hours each + T & T plus lunch.
March Legal $14,729.33 Annotated "general representation" but without invoice, it is unknown what part of that is attributable to revitalization and lawsuit mediation.
So, the answer is--for starters--19,593.20 and possibly as high as $34,322.53
My guess is that about half of the $19K is mediation costs (12 hours times 3 attorneys= $9000) and would put the estimated cost of revitalization around $25K. I'm sure if someone would submit an official records request that the would assist in identifying the expenses associated with revitalization.
Feb Admin Costs 8104.00 This is likely to be largely mailing costs of very large revite packages to Canada and US and caused the OVER budget condition of $6271, hot dogs and stickers with "I Heart SLR"
Feb Salary $
?? Several office employees worked over a weekend prepping the packages. Probably on overtime.Feb Ridge Printing 4139.20 This is clearly annotated "revitalization supplies" on the check register
Feb Legal 7350.00 Without invoice, it is unknown exact service but it is likely to be all revitalization due to timing. Remember that 3 attorneys attended the Revite Dog 'n Pony Show and likely billed SLohA 3 hours each + T & T plus lunch.
March Legal $14,729.33 Annotated "general representation" but without invoice, it is unknown what part of that is attributable to revitalization and lawsuit mediation.
So, the answer is--for starters--19,593.20 and possibly as high as $34,322.53
My guess is that about half of the $19K is mediation costs (12 hours times 3 attorneys= $9000) and would put the estimated cost of revitalization around $25K. I'm sure if someone would submit an official records request that the would assist in identifying the expenses associated with revitalization.