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Miami Apartment Building Collapse. Many Killed Or Missing
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<blockquote data-quote="Box Ox" data-source="post: 4910292" data-attributes="member: 48469"><p>[URL unfurl="true"]https://www.cnn.com/2021/06/28/us/surfside-condo-owners-assessments-invs/index.html[/URL]</p><p></p><p>“Condo owners in the South Florida tower that <a href="https://www.cnn.com/us/live-news/miami-florida-building-collapse-06-28-21-intl/index.html" target="_blank">collapsed last week </a>were facing assessments for millions of dollars worth of repairs -- with payments set to begin a week after the building's deadly fall.</p><p></p><p>The <a href="https://www.cnn.com/2021/06/25/us/what-caused-surfside-building-collapse/index.html" target="_blank">Champlain Towers South condo association</a> approved a $15 million assessment in April to complete repairs required under the county's 40-year recertification process, according to documents obtained by CNN.</p><p></p><p>The documents show that more than two years had passed after association members received a report about "<a href="https://www.cnn.com/2021/06/28/us/surfside-condo-collapse-cause/index.html" target="_blank">major structural damage</a>" in the building before they started the assessment process to pay for necessary repairs.</p><p></p><p>Owners would have to pay assessments ranging from $80,190 for one-bedroom units to $336,135 for the owner of the building's four-bedroom penthouse, a document sent to the building's residents said. The deadline to pay upfront or choose paying a monthly fee lasting 15 years was July 1.”</p></blockquote><p></p>
[QUOTE="Box Ox, post: 4910292, member: 48469"] [URL unfurl="true"]https://www.cnn.com/2021/06/28/us/surfside-condo-owners-assessments-invs/index.html[/URL] “Condo owners in the South Florida tower that [URL='https://www.cnn.com/us/live-news/miami-florida-building-collapse-06-28-21-intl/index.html']collapsed last week [/URL]were facing assessments for millions of dollars worth of repairs -- with payments set to begin a week after the building's deadly fall. The [URL='https://www.cnn.com/2021/06/25/us/what-caused-surfside-building-collapse/index.html']Champlain Towers South condo association[/URL] approved a $15 million assessment in April to complete repairs required under the county's 40-year recertification process, according to documents obtained by CNN. The documents show that more than two years had passed after association members received a report about "[URL='https://www.cnn.com/2021/06/28/us/surfside-condo-collapse-cause/index.html']major structural damage[/URL]" in the building before they started the assessment process to pay for necessary repairs. Owners would have to pay assessments ranging from $80,190 for one-bedroom units to $336,135 for the owner of the building's four-bedroom penthouse, a document sent to the building's residents said. The deadline to pay upfront or choose paying a monthly fee lasting 15 years was July 1.” [/QUOTE]
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