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LWV
              March 5, 2009
             Residents Voice

                 Conrad Grundke
03/05/2009           Residents Voice   1
Hot Topics for Tonight
• United Mutual Loan Payoff (status).

• Third Mutual Agenda Meeting (water incident)

• Third Mutual Special Meeting (Removal of
  Director from Board).

• Manor Sales.
03/05/2009           Residents Voice         2
United Mutual Loan Payoff (status).
• Monday 3/2/9 Special Board Meeting.

• What Does It Mean?

• Who Does It Effect?

• What MUST we do?

03/05/2009          Residents Voice     3
Third Mutual Closed Meeting
               (water incident)
• Wednesday 2/23/9

• What Happened?

• Consequences?
     – Letter to Security.
     – Letter to Board President.


03/05/2009                Residents Voice   4
Third Mutual Special Meeting
  (Removal of Director from Board).
• Thursday 3/5/9

• Sheriff Involvement

• Attorney Letter to Mutual

• Cancellation of Meeting

03/05/2009          Residents Voice   5
Manor Sales (Third Mutual)
• Ever wonder who is buying our manors?
• Ever hear of Richard Jabara?
     – Holiday Inn Franchisee
     – Develops and Manages Hotels
     – CEO of Meyer Jabara Hotels
• Experienced in the acquisition of distressed
  properties.
• Who is Emile F. Jabara?
03/05/2009              Residents Voice          6
Manor Sales (United)
• Wouldn’t it be in the best interest of the
  United Board to see who is purchasing their
  manors?
• Why?
• For the past three years there have been
  many questions asked pertaining to eminent
  domain.
• Is our current economy a factor in eminent
  domain.
03/05/2009          Residents Voice             7
The End

03/05/2009     Residents Voice   8

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Agenda 03 05 09

  • 1. LWV March 5, 2009 Residents Voice Conrad Grundke 03/05/2009 Residents Voice 1
  • 2. Hot Topics for Tonight • United Mutual Loan Payoff (status). • Third Mutual Agenda Meeting (water incident) • Third Mutual Special Meeting (Removal of Director from Board). • Manor Sales. 03/05/2009 Residents Voice 2
  • 3. United Mutual Loan Payoff (status). • Monday 3/2/9 Special Board Meeting. • What Does It Mean? • Who Does It Effect? • What MUST we do? 03/05/2009 Residents Voice 3
  • 4. Third Mutual Closed Meeting (water incident) • Wednesday 2/23/9 • What Happened? • Consequences? – Letter to Security. – Letter to Board President. 03/05/2009 Residents Voice 4
  • 5. Third Mutual Special Meeting (Removal of Director from Board). • Thursday 3/5/9 • Sheriff Involvement • Attorney Letter to Mutual • Cancellation of Meeting 03/05/2009 Residents Voice 5
  • 6. Manor Sales (Third Mutual) • Ever wonder who is buying our manors? • Ever hear of Richard Jabara? – Holiday Inn Franchisee – Develops and Manages Hotels – CEO of Meyer Jabara Hotels • Experienced in the acquisition of distressed properties. • Who is Emile F. Jabara? 03/05/2009 Residents Voice 6
  • 7. Manor Sales (United) • Wouldn’t it be in the best interest of the United Board to see who is purchasing their manors? • Why? • For the past three years there have been many questions asked pertaining to eminent domain. • Is our current economy a factor in eminent domain. 03/05/2009 Residents Voice 7
  • 8. The End 03/05/2009 Residents Voice 8