Fellow Homeowners

Dear Fellow Home and Lot Owners,

We understand your frustrations and we appreciate your comments and good will to help. We want to take advantage of your offer to help organize the management of the Barqueta Nice Association. To be honest, at the last meeting there was a strong sentiment that Royal Sands needed to produce an accounting and budget analysis sometime in October. We at Royal Sands searched for the appropriate team members to help us accomplish this, however good help is hard to find.

Finally over the past several months, we have successfully implemented Peachtree Accounting System, along with an online billing and property management system. We are now able to produce quickly and accurately all the necessary accounting records for proper administration.

Only a few months ago, Royal Sands S.A. helped coordinate and run the meeting for the P.H. Brisas Condo Association. The lessons learned from the organization

Rome was not built in a day. We have measured our steps accurately, and now we are ready to communicate. Aviate, Navigate, and Communicate..... in that order.

Board members in all associations here at Las Olas must be "Paz y Salvo" free and clear in order to continue serving as a board member and participate in board activities such as budget and meeting agenda preparation.

We have begun work on the budget for 2009 - 2010 along with a meeting agenda.

Looking back from 2008 through this point in 2009 there are many accomplishments, not to mention the . The potable water system is organized and it's management has beed built (please vist the water blog for updates on the water:

Road repair has been conducted (please visit the general Las Olas blog for updates on the roads and other amenities).

The area is more secure and we have had less incidents of theft. (Covisa, the security contractor, is upgrading their system at Las Olas, to include checkpoints. Look for this upgrade next week. please visit the Las Olas Security blog for updates on the security )

Regarding the one concern over the 3.75% credit card service charge for payments via the online property management system, this is a necessary charge that is paid on bills to the association (condos, villas, barqueta nice) because if one homeowner chooses to pay via credit card, other home owners should not foot the bill.

Online payments to associations at Las Olas via credit card have an additional charge of $0.25 per transaction, this is a bank charge.

One last important item to address is the Las Olas Golf & Beach Club. We understand that we need to create value across the board, not just in the property management side of the equation, therefore the developer is expanding the current offering of club membership to include the fitness and social membership at Las Olas Golf & Beach Club. This means that all members (who are up to date on their Las Olas Club dues, Association Dues (condo / villa / barqueta nice), & water bills will be given the opportunity to join the Las Olas Golf & Beach Club for no additional monthly charge. This means full access to the tennis facility, and other amenities that are soon to follow.)

The final requirement to upgrade the membership and officially join the homeowner's association for Barqueta Nice (which will eventually take ownership over the common areas) is the verification step that the articles of deed restrictions over your property are duly inscribed.