I’m interested.
Sent from my iPhone
On Jun 28, 2019, at 6:15 PM, Neil & Marilyn <nmr1311b@xxxxxxxxx> wrote:
I do have some exhibit C's, but I'll have to go back to my safe deposit box
and bring home and copy. Outside of that, many ask for someone to step
forward and take charge. On that, I say let's have a meeting very soon, like
this next week, given we, whoever we are, have no given responsibility
without a vote of all of the 200 I would think. But let's get started!!! I'm
willing to help get the process started, but having a few other people in the
loop, as in a small, informal committee to keep things going in the right
direction would be my thought.Does anyone have thoughts on really getting
started and just not looking for someone else to do the job? Speak up
everyone!! Neil
On Fri, Jun 28, 2019 at 12:44 PM bfranke <bfranke@xxxxxxxxx> wrote:
I see in the documents provided by Hamstreet, Exhibit C Limited Liability
Company Agreement, of which I never received a copy of when I purchased
contracts states in Article 3 under Members there is a 2/3 of owners
required for terminating Management agreement as I understand it. Also in
reading through this there are requirements for holding a meeting to notify
everyone. If one of the attorneys involved could help facilitate the
meeting and requirements that would be a good idea. Sounds like the meeting
needs to be in Portland, Or.
Article 16 Miscellaneous Has some interesting points. 16.9 Severablitiy.
(If a provision is invalid, illegal or unenforceable to any extent, and
shall be enforceable to the fullest extent permitted by law) 16.11
Arbitration. (Controversy or claim shall be settled out of Arbitration
Service of Portland, Inc and judgement may be entered into the court) 16.12
Attorney Fees. (Prevailing part shall reover from losing party reasonable
attorney fees)
Is there a law that Members should have all received this Exhibit C on the
set up of the LLC. I also did not receive a disclosure document that is
mentioned in the agreements.
I am going to call Hamstreet and find out if management fees are still being
paid to American Equities and who is handling the incoming payments form
existing contacts. We have not received many details on what is really
going on.
I hope this info can be helpful for setting up a meeting. Is anyone working
on the motion that needs to be made in 30 days or setting up a meeting?
Thanks. Belinda
From: aem-vanc-bounce@xxxxxxxxxxxxx [mailto:aem-vanc-bounce@xxxxxxxxxxxxx] ;
On Behalf Of Robert Johnson
Sent: Thursday, June 27, 2019 2:48 PM
To: aem-vanc@xxxxxxxxxxxxx
Subject: [aem-vanc] Another option- Remove AE as manager and appoint another
manager
If the mortgages in the pools still exist, and the owners are still paying
them, then according to my contract we, as pool owners, have the option of
simply removing AE and appointing a new manager. Please check your contracts
and prospecti to see if you also have this provision.
Sent from Rob's iPad Pro
