Fellow Owners,
To say that our lives since my last newsletter have changed would be the understatement of 2022. As you are all painfully aware, Hurricane Ian made a direct hit to Estero Island and the town of Ft. Myers Beach on September 28th, 2022. This was not only the largest hurricane to hit the island in our known history but the storm surge of 10-15 feet of water was truly unprecedented. We have all seen the videos and pictures of the destruction to the island and our hearts break at every viewing.
For our CBC resort, we are blessed to have the results we have had. We successfully evacuated all guests and staff on Tuesday, the 27th of September and can report that all of our staff are safe and living in their own homes with minimal damage. Because we all pay our maintenance fees each year, our 2022 budget is fully funded and for that reason, we are able to continue to pay our staff while we work through this interesting time. There have been some interesting milestones that I will recap here and then you may notice that we have scheduled Board meetings for every month for the next several months, so that we are not only providing you with updates but also making decisions regarding our resort in a very timely manner.
Some key milestones to note:
The North and Middle buildings are in good condition and will open first. Our current plans and project steps are:
We are trying to keep pictures and updates provided via email (if you are not getting them, please check your spam and junk folders or send an email to AR@tricommanagement.com to update your email on file), on the CBC public Facebook site and on the private FB owner’s site called CBC Owners Classified. You must be reflected on our Owner roster to view/belong to the private group on Facebook.
Other news from our annual meeting is that we elected a new owner to the Board of Directors, Mr. Jim Clem, who is an owner in weeks 2 through 6. John Vary is retiring from the Board after many years of dedicated service. John was instrumental in ensuring that when we had the North building fire that we were made whole and received a well-deserved settlement from our insurance provider at the time. He has served the Board in many capacities including President and his time, commitment and service to the Board will forever be appreciated.
As shared, we will continue to publish updates and progress and look forward to providing pictures and status that will show the progress being made, so that we may all spend some time at our “home away from home” in 2023.
Sincerely,
Sarah E. McElwee
President, Board of Directors