I think we all need to understand CVI a little better. Is there anyone who can explain why CVI was created? Was it created to funnel an income stream away from the membership?According to Dan's last post, the income from the restaurant, coffee shop and market will now be funneled through CVI and there is a 25% increase in cost at the restaurant? As I recall CVI is a wholly owned separate subsidiary and I do not understand why the majority of the income stream due to the members is "funneled" through a corporation that the membership does not own? Can anyone explain that to me? What are the salaries being paid to the executives of CVI? Who decided that the income from the rental of the unsold units (I notice that Club Cascadas is fully booked through reservations on CheapTickets.com) should go to CVI instead of the membership who is responsible for the maintenance fees on these units?--
This is a group for individuals who owners in Club Cascadas Legacy, who wish to discuss how to improve the resort as well as voice their valid concerns about our Club Cascadas ownership/membership. If you need any assistance please contact Rosemar...@aol.com
---
You received this message because you are subscribed to the Google Groups "Club Cascadas Legacy Owners Group" group.
To unsubscribe from this group and stop receiving emails from it, send an email to club-cascadas-legacy-o...@googlegroups.com.
To post to this group, send email to club-cascadas-le...@googlegroups.com.
Visit this group at https://groups.google.com/group/club-cascadas-legacy-owners-group.
To view this discussion on the web visit https://groups.google.com/d/msgid/club-cascadas-legacy-owners-group/de8c95f5-7d55-4e34-8938-efc5a69bdbb4%40googlegroups.com.
For more options, visit https://groups.google.com/d/optout.
Thank you Dan for your tenacity and details.
I wish it wasn’t this messy, which I believe is the sentiment that people feel when they don’t want to hear about it, and wish we could just talk about how early people get up for a palapa… Unfortunately it is messy, and you’ve uncovered a pile of issues which are very concerning.
Just wanted to voice my support, and also my support for those that don’t want to hear about it. You need to fight the good fight for those that don’t understand it enough to know how bad it is and why they should care.
Thank you
Troy Clark
To view this discussion on the web visit https://groups.google.com/d/msgid/club-cascadas-legacy-owners-group/CAF6id0bdU9QRvX%2BEh-PFnP50vZtJx1cWH1vcz1cgJR1gZXBJLQ%40mail.gmail.com.
I am a relatively new member. I don’t pretend to fully understand the ins and outs of what appears to be a lot of shady goings on I am putting my week 52 porfin unit up for sale. I don’t want to be an owner any more. If any one is interested please contact me.Barbara FrankSent from my iPhone
To view this discussion on the web visit https://groups.google.com/d/msgid/club-cascadas-legacy-owners-group/CAF6id0Y%3D_zMryNPv%3DpupbbwW4yoeLqZcnQujyDqgB1GXC3N-Zw%40mail.gmail.com.
--
This is a group for individuals who owners in Club Cascadas Legacy, who wish to discuss how to improve the resort as well as voice their valid concerns about our Club Cascadas ownership/membership. If you need any assistance please contact Rosemar...@aol.com
---
You received this message because you are subscribed to the Google Groups "Club Cascadas Legacy Owners Group" group.
To unsubscribe from this group and stop receiving emails from it, send an email to club-cascadas-legacy-o...@googlegroups.com.
To post to this group, send email to club-cascadas-le...@googlegroups.com.
Visit this group at https://groups.google.com/group/club-cascadas-legacy-owners-group.
To view this discussion on the web visit https://groups.google.com/d/msgid/club-cascadas-legacy-owners-group/390A9D54-5FED-4A4F-9B93-91927AC5C068%40gmail.com.
I am a relatively new member. I don’t pretend to fully understand the ins and outs of what appears to be a lot of shady goings on I am putting my week 52 porfin unit up for sale. I don’t want to be an owner any more. If any one is interested please contact me.Barbara FrankSent from my iPhone
To view this discussion on the web visit https://groups.google.com/d/msgid/club-cascadas-legacy-owners-group/CAF6id0Y%3D_zMryNPv%3DpupbbwW4yoeLqZcnQujyDqgB1GXC3N-Zw%40mail.gmail.com.
Good afternoon,This is Karen Alexander. Shayne and I own three weeks here and have done so for years.
Can one of the board members who I am sure are reading this tornado of emails please just send us the information we need so we can rest easy?
I am currently trying to enjoy my time here and it would be so much appreciated if this could be sorted out. Why not just let everyone know there is nothing to worry about (if that is the case).
The longer the reply the more concerned everyone is becoming so please just stop the bleeding. It is so unnecessary if there is nothing going on.
Looking forward to your reply!Best RegardsKaren and Shayne(Your Canadian friends)
Sent from my iPhone
To view this discussion on the web visit https://groups.google.com/d/msgid/club-cascadas-legacy-owners-group/CAF6id0bE1Ob9%3D4MghckViTwupezogHcEFv-PjB79xQe6E567dA%40mail.gmail.com.
--
This is a group for individuals who owners in Club Cascadas Legacy, who wish to discuss how to improve the resort as well as voice their valid concerns about our Club Cascadas ownership/membership. If you need any assistance please contact Rosemar...@aol.com
---
You received this message because you are subscribed to the Google Groups "Club Cascadas Legacy Owners Group" group.
To unsubscribe from this group and stop receiving emails from it, send an email to club-cascadas-legacy-o...@googlegroups.com.
To post to this group, send email to club-cascadas-le...@googlegroups.com.
Visit this group at https://groups.google.com/group/club-cascadas-legacy-owners-group.
To view this discussion on the web visit https://groups.google.com/d/msgid/club-cascadas-legacy-owners-group/CB584BFD-C0A8-4E06-AB6B-646192F26201%40impactgraphics.ab.ca.
Great questions Rosemary.Here is what I found when doing Corp searches.CVI is a for profit company with 5000 shares of stock. I have asked the board to inform the members who owns this stock and in what amounts but no answers.Club Cascadas de Baja Association, the HOA, is a non profit Corp and therefore the need for CVI.We need the board to explain in detail to Members how money flows back to the HOA.We need the board to explain if there is any compensation for officers of CVI and is so how this was or is determined.We need to know who CVI employees are and what their salaries are and how those salaries are determined.We need to know the step by step process to determine if and when the resort would sell and how those revenues would be distributed and using what formulas.We need to know if there are any other corporations affiliated with the Club besides CVI, and TPI. Apparently a new Corp for the Restaurant is established or is being established and we need a detailed explanation of how Revenues flow in and out of this new Corp. There may be another company also associated with the resort and if so what is the relationship.My limited understanding is CVI does pay maintenance fees for unsold units back to the HOA?Members, please write the Board and ask the questions you want to know answers to and hopefully you will get more than what Steve, I, and others have.Dan Minnis
On Mon, Mar 25, 2019 at 11:37 AM 'Rosemary Allison' via Club Cascadas Legacy Owners Group <club-cascadas-legacy-owners-gr...@googlegroups.com> wrote:
I think we all need to understand CVI a little better. Is there anyone who can explain why CVI was created? Was it created to funnel an income stream away from the membership?According to Dan's last post, the income from the restaurant, coffee shop and market will now be funneled through CVI and there is a 25% increase in cost at the restaurant? As I recall CVI is a wholly owned separate subsidiary and I do not understand why the majority of the income stream due to the members is "funneled" through a corporation that the membership does not own? Can anyone explain that to me? What are the salaries being paid to the executives of CVI? Who decided that the income from the rental of the unsold units (I notice that Club Cascadas is fully booked through reservations on CheapTickets.com) should go to CVI instead of the membership who is responsible for the maintenance fees on these units?--
This is a group for individuals who owners in Club Cascadas Legacy, who wish to discuss how to improve the resort as well as voice their valid concerns about our Club Cascadas ownership/membership. If you need any assistance please contact Rosemar...@aol.com
---
You received this message because you are subscribed to the Google Groups "Club Cascadas Legacy Owners Group" group.
To unsubscribe from this group and stop receiving emails from it, send an email to club-cascadas-legacy-owners-group+unsubscribe@googlegroups.com.
To post to this group, send email to club-cascadas-legacy-owners-gr...@googlegroups.com.
Visit this group at https://groups.google.com/group/club-cascadas-legacy-owners-group.
To view this discussion on the web visit https://groups.google.com/d/msgid/club-cascadas-legacy-owners-group/de8c95f5-7d55-4e34-8938-efc5a69bdbb4%40googlegroups.com.
For more options, visit https://groups.google.com/d/optout.
--
You received this message because you are subscribed to the Google Groups "Welcome to Club Cascadas De Baja" group.
To unsubscribe from this group and stop receiving emails from it, send an email to club-cascadas-de-baja+unsub...@googlegroups.com.
You received this message because you are subscribed to the Google Groups "Welcome to Club Cascadas De Baja" group.
To unsubscribe from this group and stop receiving emails from it, send an email to club-cascadas-de...@googlegroups.com.
I too am not for or against these arguments however this barrage of emails is overwhelming and detrimental to Cascadas. If not in value then most definitely to the staff. This will all have an impact on them as well.
I guess my only option is to unsubscribe.
It will not go to a different feed as the person whom created this feed is on the same page as Dan.As I said....I am not 100% for or against what is being questioned ...I understand aspects of the concern. However. I do not agree with the 5 alarm fire approach for what may or may not be wrong doing.I am very concerned that regardless of the business practice, the damage being done to the "feel" of the club is quite sad.I hope that all that it all turns out well business wise, however, I think that there is now a level of damage that has been done in regard to how people feel about the club itself. There is definitely a change for us. How we feel about some of the people around us. Who would ever have thought it would be this way.I just have to say that we definitely struggle with the idea of the board and its possible wrongdoing being that Mark is on the board and the family (Patricia and the boys) is still so involved from an advisory standpoint. I would think they would make a final exit if it were truth that everything were so incredibly unethical. I could not imagine the family standing by for this "legacy" to all go up in proverbial flames.
We would also like to add that at no point did we believe we would "own our units or the club" ..we were told that legacy would be the infinite right to our unit and time vs. the old world time limitations of the past. We did not think that somehow we would have like equity ownership and be receiving dividends from sales and profits, etc ...