To all owners,

This weekend we held the annual Caribe Resort homeowner’s meeting. The meeting was very positive and we did have a quorum.

The two big issues on the agenda were the budget approval and an amendment to change the docs. Both passed as presented.

There will be no increase in dues to the homeowners again this year. As a note in the nine years of operation the COA has only increased dues once due to the increase in insurance and has never had an assessment.

The amendment to the docs will change the minimum stay for a rental guest from 1 night to 3 nights. Hopefully this change will help owners with refinancing their units and new purchasers find financing.

Larry Wireman has moved all the houses that were to the east of tower D and eventually will have plans for the last remaining house closest to the road.

Have a great Mardi gras!