Sunday, December 20, 2009

Nautilus Developer Settles Case for $11,700
The Nautilus Cove developers has a habit of running afoul of the Florida Department of Business and Professional Regulation earlier this year for not being in compliance with State requirements under Chapter 718 of the Florida Statutes.

They failed to provide Declaration of Condominium recording information to the Division within the required 120 working days, taking instead approx. 723 days, also entered into one sales contract on unit 1114 (Phase 10) prior to having filed the required Phase filing with the State, also they “. . . closed on 100 sales contracts for units within a phase prior to receiving the Division’s acceptance and approval for content of phase documents.”
The consent decree resulted in Nautilus Development Partners paying a civil penalty of $11,700 and agreeing to ‘. . . cease and desist from any and all violations of chapter 718.”

The 11 pages were obtained by a 10/09 FOIA request to the DBPR in Tallahassee.

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Saturday, December 12, 2009

2012 and 2010 Budget

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Although tagged as the 2009 Proposed Budget it is of course the Proposed Budget for 2010.

Worth noting are: D-14 where $4,100 is budgeted for Pool Furniture & Umbrellas. The prior 2 years $0 was spent and the pool area looks like it, so perhaps now we will get some decent CHAIRS and not more plastic Kmart recliners.

Also item A-1 for $10,000 in Legal & Accounting, 2009 was also 10K up over the 2008 amount of $823.

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