An Open and Public Blog. All can comment and post. All you need be is Polite, Civil and Germane. We will discuss those subjects that will be beneficial to the Village .We are about the Good Life in Century Village, West Palm Beach, Florida. Our address is http://myvillageblogger.blogspot.com/.- We are the Voice of Century Village WPB. We are the Voice of the Malcontents! This is Gary's Blog.
Friday, June 20, 2014
What is the Lawsuit about? Really.
This is a easy one to answer. Start with the fact that we, the Village, spent upwards of $5 Million dollars on the road repairs. Which were done poorly and with no planning. So now we are faced with doing it over again, So we need another $5 Million to do this.
The Money for this can come from one of two places.
Either the Villagers chip in, again, or we sue UCO and their (our) Insurance Company will defend, as we have contracted for. So if we are successful the Insurance Co. will make up a good portion of the short fall.
So what is wrong with this? Some of Israel's Committee members says it will cost us if we use the Insurance Co. Cost us? What do you think the cost to the Villagers will be if we don't get the Insurance Companies help? The reason we have Insurance is to help protect us from Malfeasance and the like. That is exactly what we are trying to do. The Lawsuit is trying to insure we get this needed help.
Your friend - Gary
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