TO: ALL SPINNAKER POINT OWNERS
FROM: The BOARD OF DIRECTORS
SUBJECT: INFORMATION on Cancelled Mtg.
DATED: APRIL 5, 2023
We’re sure that everyone is wondering about why the special meeting to discuss an assessment that was scheduled for this coming Tuesday, the 11th of April, has been cancelled.
Basically, it has to do with insurance. Earlier this week we were notified by our insurance carrier that the adjuster had written up a rather substantial amount of damage that they feel needs to be repaired/replaced here at Spinnaker Point. There are several questions and issues that the Board has with the insurance company and are working diligently to establish exactly what the insurance company expects from us.
The insurance company has sent us a check without a detailed explanation, so we are awaiting a detailed report explaining the issues found by the insurance adjuster. We believe it focuses heavily on our roofs. We have been trying since Monday to communicate with the adjuster to discuss the issues and eagerly await his response.
The outcome of the report may change the need, or amount, of an assessment, hence the reason to cancel/postpone the meeting.
We appreciate your patience while we work to gather more information. We will let you know more when we know more.
Respectfully,
Spinnaker Point Board of Directors
Spinnaker Point Condos PGI 
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