Welcome to the Association of Owners Pilot Point Condominium's web page.
The Association of Owners Pilot Point Condominium (AOPPC) is a mandatory membership
organization established for the maintenance and improvement of commonly owned real estate
The AOPPC is also a volunteer run, non profit organization that maintains the community bylaws
and financial solvency by determining if the condo fees are adequate to cover expenses.
We hope you find this web page informative of our community and the condominium operations.
It is not intended as a substitution for attending the annual meetings.
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this site, please contact Ronald P Lee.
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changes in the features and/or services described in this information at any time without notice.
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|Pilot Point Board of Directors
Oct. 13, 2016
Dear Fellow Owners,
The default situation with Garth Enterprises has been cured pending the following. Pilot
Point has signed an assignment of the Garth contract to Apex Construction. Garth will act as the
only subcontractor of Apex. We are scheduled to close on the Mutual of Omaha loan on
Wednesday Oct. 19th. At the last minute, Mutual of Omaha has raised questions regarding our
master lease. Our legal counsel, with the help of the city, expects to satisfy the question but as
we have experienced repeatedly there is the risk of delay. Once we close on the financing Apex
has 72 hours to secure the bond. Once the bond is issued the default is cured. Unless there is
further delay construction and warranty work will recommence on approximately Oct. 27, 2016.
There is no additional cost to Pilot Point for the new contract arrangement. While the process and
agreement may appear arcane and convoluted our lawyers are comfortable with the agreements
and the Board has voted unanimously to approve them.
Garth has notified Pilot Point that they will recommence construction starting with buildings
3, 5 and 8, units 11-18, 26-32 and 47-53. Owners should take the necessary steps in preparing
their units as laid out at the annual meeting and repeated at the 8/27 special meeting. Videotaping
of the interior and exterior of each unit will occur prior to construction.
The Board encourages owners wishing to replace windows and doors (owner expense) to
contact firstname.lastname@example.org with your desires. This should be done promptly to insure
your needs can be met. Contact Brian for time requirements.
For owners in buildings 4and 9 awaiting bills, now that we are continuing the construction
we will work out a time frame for Garth and the architect to answer questions on the billings.
Regards, Ed Kingman