Maverick Condominium Association, Inc.
We have now been open for 1 month, when we opened on July 14th we did not have the 2nd the 3rd floors open and we are now open at 100%. After being closed for almost 20 months we have had our fair share of minor issues, plumbing being one of the main issues. When you go from zero usage to excessive usage virtually overnight, valves stick and pipes break. We are working through those issues as we go along. We are in the process now of steam cleaning all the tile floors and they look fantastic, we have about 20% of the resort completed as of today, we will have all units completed by the 1st week in September.
I would like to address the top 4 questions we have been asked by owners since we have opened.
- The side chairs that are no longer in the units: They were originally in the design plan for the renovation, however as time went by and we discovered structure issues with the building the chairs were cut. With that being said I am currently getting quotes and those will be put back in the units in 2019.
- With the new Glass dividers, they need blinds in the window that separates the bedroom from the living room: They were also cut to save cost, but they will be installed in the first quarter of 2019 as well.
- The restaurant: The cost to renovate that area is extensive, and the board’s focus was on the units and rightly so. We are currently looking at the option to lease the space to a local restaurant with them footing the bill for renovating and collecting rent from them monthly. This is in the beginning stages and probably won’t have any updates on this until late this year or early next year if this option goes through.
- The 5th and 6th Floor did not change, again due to funding, the board had to make some tough decisions. The 5th and 6th received less damage. Once we get reserves funded again which may take some time then at that time we will go back in and finish those 2 floors.
I would like to also point out that this entire renovation and re-opening was funded from the reserve fund, which is now depleted for this year. To date we have not received any funds from Insurance, the board and the association is currently in litigation with the original contractor to recoup some of those funds. We do know we have a trial docket set for January of 2019. Other than that we cannot comment on the pending litigation.
A couple of reminders, you have 5 years to use your make up weeks and we are taking reservations now. If you have not paid your 2017 or 2018 Maintenance fees, we have extended the waiving of late fees and interest until September 1st, 2018. After that, your account will be sent to collections if you are still past due.
The Staff is so excited to be welcoming our owners back to the resort, we are glad to be open and we hope to see you very soon.
Maverick Condominium Association, Inc.
Quarterly Board Meeting
Wednesday – July 25 2018, 9:30 AM
- Call to Order Vice-President
- Approval of Minutes Vice-President
- Construction Update Vice-President
- Website Re-design Vice-President
- Financial Update (Collections) Accounting
- Deed Backs Committee Chair
- Comments/Questions Owners
- Adjournment Vice-President
July 12th Update
We have Great News to Share, we have received permission from the city to open for week 28!!! It’s a partial opening we have floors 4 through 7 available except the 07 and 23 units. Those units will be open within a couple of weeks. Please call reservations and let us know if you will be arriving or not, we know its last minute but we had to get past the Fire Marshall which we did this morning.
For everyone with week 28 and up – Welcome Home!! It’s been a long Journey.
July 2nd Update:
We are very close to being able to open our doors to our Owners, this morning the building inspector signed off on units 01 to 06 on all Floors. We should be getting approval for the remaining unit floors 04-07 later this week and then floors 2 and 3 next week. That’s the good news. We do not have final clearance from the Fire Marshall as of yet. All of our smoke detectors in the units are wireless and report to a panel in the lobby that reports directly to Fire Department. There are receivers that are scattered throughout the building that are a relay for the smoke detectors and the lobby panel. There are 2 receivers that are currently not responding and have to be replaced, they have been ordered, as soon as they are installed we will have the Fire Marshall back out to give us a final. At that time he will give us a Certificate of Occupancy to all units that have been approved by the building inspector. Unfortunately, we do not have an ETA on the receivers yet but they should arrive this week. I think it is safe to say that we will miss opening week 27, which was my personal goal. As long as the parts we need to address the Fire/Safety issue arrive this week, I do believe we will be able to open in some capacity for week 28. I would like to open Full but we may be missing floor 2. We are still pushing along with all the little details that come with wrapping up a project this large. We are very, very close to having this completed.
There is an outside chance that if the parts arrive and we can get the Fire Marshall here on Friday, we may have the Certificate of Occupancy by Friday or Monday/Tuesday the next week. No guarantees but if you are in town and would like to call us to see we may be able to open some units for the rest of the week. Please call us once you are here and we can give you an update.
Enjoy the 4 th, we wish you were here.
Construction is beginning to take shape and finally beginning to push the final stages for completion.
•Pool is completed and being filled this weekend.
•The Northside Elevator is complete and locked down.
•The 2 Lobby Elevators will have new lighting installed after construction is mostly finished – scheduled for 7/5.
•All the woodwork (Kitchen cabinets, bedside tables, dividers in all the units have been completed.
•TV’s have been installed.
•Commercial Washers were repaired this week, getting linens prepared for the units is ongoing. We currently have approximately 48 units that are clean and locked down.
•Housewares are being cleaned now and put in boxes by units, and will be put in during the final cleaning.
•Lighting on outside of Middle (Lobby) tower – Complete
•Blackout blinds have been ordered and will take approximately 3 weeks to install, installation will start around 6/28.
•Balcony and walkway resurfacing should be complete – slight delay due to weather but will be complete by 6/30.
•Structure columns on North side has passed their inspections and now complete.
•Southside Tower stucco is now complete,Scaffolding will be remove by 6/28 – All scaffolding will be gone from building.
We have a very busy week ahead of us beginning on 6/25 finishing the Lobby, final punch list items on the units, and we have 2 big inspections from the city. The building inspector will be here on Tuesday to inspect the units and the Electrical/Fire Safety Inspection will be on Thursday. Once those Inspections are complete we will have a much better idea of when we can announce an open date. Stay Tuned we are getting very close to Welcoming our Owners Back!!!
Construction is beginning to take shape and finally beginning to push the final stages of completion.
- Pool is scheduled to be completed by 6/13 (Weather permitting)
- The Northside Elevator is complete and locked down
- The 2 Lobby Elevators will have new lighting installed after construction is mostly finished – scheduled the last week in June
- All the woodwork (Kitchen cabinets, bedside tables, dividers in the units should be completed by 6/15
- TV’s have been ordered and scheduled for install beginning 6/18
- Commercial Washers were repaired this week, getting linen prepared for the units will start next week.
- Housewares are being cleaned now and put in boxes by unit, these will be put in during the final clean.
- Lighting on outside of Middle (Lobby) tower will be installed beginning 6/6
- Blackout blinds have been ordered and will take approx. 3 weeks to install
- Balcony and walkway resurfacing should be complete by 6/23 (Weather permitting)
- Once Lobby Tower is complete, the interior of the lobby will start.
- With good weather we should be starting on the lobby within 10 – 15 days.
We still have a lot of moving pieces and small detail items that will be addressed over the next few
weeks. As we get closer to firming up the open date, please pay attention to the website as we will
update the website as quickly as possible as we begin to check off boxes. Hopefully within 10 to 14 days
we will be ready to make a formal opening date announcement. Stay tuned and no rain dances please!
The Board would also like to announce we have hired a New General manager – Keith Lashley. Keith
comes to us from the Coconut Palms Beach Resort 2 in New Smyrna Beach, prior he worked for
Bluegreen Vacations for about 12 years where he managed several properties in their portfolio in
Orlando. So please join us in welcoming him to the Maverick!
Hello Maverick Owners!
We are pleased to be able to provide you with a positive update as to progress toward getting the Maverick up and running.
THINGS YOU NEED TO KNOW:
1) WE ARE CLOSE TO OPENING! Our Building Contractor has been working hard and steady to get us in a “complete enough to open” condition by the end of June. This is a target date – certainly not carved in stone and is subject to many things out of our control, such as weather, City of Ormond inspections and permit close outs, for example. Given that any slip in the date would impact an owner’s stay, we are not able to firmly commit to a re-open date. We will closely monitor progress and advise you of the firm re-open date as soon as we can.
2) YOU CAN BOOK YOUR MAKE-UP WEEK NOW – If your dues are current, you may call Maverick reservations and book your make-up week for anytime after September 1st. Please understand that make-up weeks are first come, first reserved, and are subject to unit availability. As long as you are an owner, that remains in good standing, you can use this make-up week(s) anytime in the next five years.
3) WE HAVE NOT RECEIVED ANY INSURANCE MONEY – The insurance company paid the original Contractor directly. We had to terminate our agreement with them for Breach of Contract. The Maverick sat for over a year with no progress toward re-opening. Our legal team feels that we have a very strong case against the former Contractor and our attorneys are working diligently to recover our funds, but the wheels of justice are slow. The Board made the decision to use Reserve Funds to complete repairs while the legal navigation takes place. It was a bold, strong move that has proven positive results in less than 6 months!
4) IT IS CRITICAL THAT OWNERS PAY THEIR MAINTENANCE FEES!
Incredibly, 60% of the Maverick Owners have not paid their fees for 2018. Annual maintenance fees are not rent, they are the cost of operating the resort. Expenses have continued, even though the resort has not been open, our reserve funds are what is allowing us to move forward. To use an analogy– if you had damage at your personal home, you would still have to make your mortgage payment while the home was being repaired, even if you could not live in it. So it is with your timeshare, if you do not pay your maintenance fees, you loose the right to use it. It is imperative that if you have not paid your fees for 2018, that you do so now. Late fees are currently being waived.
5) THE BRIGHT SIDE OF THE STORM – Repairing damage caused by Hurricane Matthew forced us to take a hard look at our aging Maverick. Critical structural repairs to crumbling concrete and deteriorating steel reinforcing materials had to be made. Hazardous electrical problems have been corrected. While our focus was definitely on repairing, not renovation, we were able to choose updated paint colors and flooring materials to give our Maverick a more modern feel at no additional cost. We have overcome many obstacles as they have surfaced, while working wisely and cost consciously. Your Board members have taken many days away from their jobs and families to meet with Contractors and Subcontractors, overseeing job progress, making decisions on each and every individual unit.
6) OWNERS ARE OUR LIFELINE – As we near the final payout to the General Contractor and analyze operating costs through the end of this year, we realize that we will have to seek outside financial assistance unless our owners step up and pay their maintenance fees. That is going to be expensive, which will affect maintenance fees in the future. Having 60% non-paying owners does not make us an attractive risk to a lender. If you have been on the sideline, we hope that you will see the progress made and pay your maintenance fees. Payments can be made via website:
or by calling Sebrena in our finance division at 386-672-3550 ext. 152.
Here are some photos to show you our progress and the challenges we faced.
North Tower. 5 Columns were uncovered when the Maintenance workshop was demo’d that had serious integrity compromise. Structural Engineer put these 5 columns at 40% load. The signed/sealed architectural drawings and plans for remediation were submitted to the City yesterday. Excavation 5 feet down to reform these columns is the recommended remediation.
The former ‘Workshop Area’ on the North end was demo’d to increase parking spaces under the building. Water damage to columns is evident and must be addressed. Complaints of flooding were brought to management attention and could not be ignored. These columns need to be excavated down 5 feet to the ‘Crown’ and reformed. Project currently underway.
Interior walkway damage is still evident on every floor.
Rotting baseboards have been removed and patched on every floor.
Problems being addressed:
Another one. This on every floor..
Vented slats in the divider will provide air flow, as well as, a pocket door and blinds, we are ordering, for privacy. We also flipped the bed so their is now a direct path to the balcony door. Additionally, a second TV is added to the bedroom. This was done on floors 2, 3, 4 & 7 in the Bermuda, Bahama & Jamaican units.
Stay tuned. We will be getting more pictures of completed work posted in the next two weeks also with another BIG announcement for our owners!
Thank you for your continued support of The Maverick!
Board of Directors
Quarterly Board Meeting
Wednesday – April 18, 2018, 9:00 AM
Update April 2, 2018
We have some Great News! The Maverick now has a permit to complete concrete repairs. In addition, the Head of the City’s Building Department personally visited the property last week and was pleased and supportive of our efforts to reopen. The contractor is evaluating the progress of the work and should have a good time-frame, within the next couple of weeks, for when the resort can be reopened.
Renovation of the first unit type, the Bermuda units, is nearing completion after which the renovation of the second unit type, the Bahamas will begin and so on. Meanwhile, concrete repairs are being completed while preparation for stucco is in full-swing (see pictures). Interior renovations continue with replacement of tile, drywall and painting, plumbing, electrical, etc. – all where needed. Meanwhile, we are working with our vendors on window treatments and other furnishings.
We thank you for your continued patience. Please know that we are doing everything we can to get the resort open as quickly and efficiently as possible while doing our part to ensure that your vacation experience will be everything it was meant to be. The Maverick will look great when the work is completed.
Thank you as always for your support and for your ownership at the Maverick.
Update March 7, 2018
The third mock unit will be completed this week after which three of the board members will do a walkthrough to see what changes are needed. Installation of tile in the Lobby has begun and the balcony decks are about 60% completed. Texturing and painting of the units continues and concrete repairs are now in progress. The fire protection system is being tested and updated to meet current code requirements. The new metal roof over the portico and the annex building have been installed and the rest will be completed once the stucco is done in those areas.
The contractor continues to work with the city on permitting. Once it is done, we should have a good time-frame for when the resort can be reopened. Please be patient and know that we are doing everything we can to get the resort open as quickly and efficiently as possible while doing our part to ensure that your vacation experience will be everything it was meant to be.
Thank you as always for your support and for your ownership at the Maverick.
More exciting news for the Maverick! The mock unit was completed (see photo below) and the Board walked through and made some revisions to ensure we have proper outlets, lighting, etc. The new units will have a more modern look to them and a “beachy” feel with some lighter colors instead of the dark colors we previously had. The contractor is now working on the second unit type, after which we will walk all of those units and repeat the process and it will carry on through the other unit types. Units that were near completion from the former contractor will be left that way for now (except for touch-up, floor replacement where needed, etc.) with the plan to renovate those units to make them all have the same look in the future. This enables us to stay within budget and re-open sooner.
Meanwhile, work on the Lobby has started. The floors have been prepared for tile and we are going through the design process for the check-in desk and Lobby area. The lobby will look more modern yet will also maintain some historical perspective. Work will also continue on cabling for television and the fiber optics for the Wi-Fi system. Once completed, we will have Wi-Fi throughout the property.
We also have an architectural rendering of the front exterior with which we are impressed overall, yet have requested a few minor modifications. Once completed we will share that in a future update.
Thank you as always for your support and for your ownership at the Maverick.
Update January 15, 2018
We have some exciting news for the Maverick and our Maverick Owners! We have chosen a contractor, had the contract reviewed by our attorney, revisions made as needed and the contract is signed. The contractor has already started on a mock unit so we can make some choices such as finishes, colors, etc. We are also in the permitting process with the city, which takes generally 2-3 weeks. While we are waiting on that, work not requiring a permit is being started, such as renovation of the Lobby, tile flooring, painting, etc. Once the permitting process is complete, we will be able to give an appropriate and accurate opening date. As we have work completed, we will update the website with that information, including pictures so everyone can see the progress, as it happens. This is a very exciting time and we look forward to getting this done and getting back to what we do best – serving our Maverick owners and providing great vacation experiences. Thank you all for your patience, your understanding – and most of all for your support.
Update: December 15, 2017
As of 12/15/17, we have received multiple bids on completing the renovations. The Board along with the management team is reviewing these bids and will be making a decision as soon as possible. Once the contract is reviewed by our attorney and awarded to the winning bidder, we will have an update for you with the 2018 opening date.
While we have been closed, the main booster pump system was replaced. This new system will give us better water pressure and will also be more energy efficient. Whereas operation of the old pump was essentially like having your foot on the gas and the brake at the same time, the new system will be like being on cruise control where the system gears up or down as demand increases or decreases. Over a period of a few years, the energy savings will actually pay for the cost of the new system. In addition, where the north-end units previously were on a holding tank system, the tank has now been by-passed which means that water in those units won’t have to run for a period of time to get clear, resulting in another savings in water costs.
One of the biggest complaints over the past few years has been the sleeper sofas. We will have brand-new sleeper sofas in all of the units and they are a good quality sleeper from Braxton with a Leggett & Platt contract mechanism and an upgraded memory foam mattress and upgraded fabric.
We look forward to being able to update you within the next couple of weeks at which time we should be able to give you our new opening date.
Maverick Board of Directors and Maverick Staff
The Annual Meeting of the Maverick Condominium Association was held on October 28. Two new board members were elected to the Board of Directors: Donnie Casey and Freddie Stephens, Jr. Welcome to the Maverick Board of Directors, Donnie and Freddie. We would also like to take this time to announce and welcome as our new Board President, Lance Douglas. In addition to the two board seats, membership approved Proposed Budget #2, Less Than Fully Funded Reserves which will mean an average of $625 for 2018 Maintenance Fees, Taxes and Reserves. Membership also voted to authorize the Board of Directors to pursue litigation against any party in the name of the Association involving amounts in controversy in excess of $100,000. In addition, membership voted to authorize the Board of Directors to draft and adopt a resolution to allow electronic notification. As we have more information on each of these items, we will update you.
The Maverick remains closed at this time due to the damage from Hurricane Matthew. The insurance claim is in the appraisal process and we are getting bids from other construction companies while working with our attorney to ensure we are within our legal boundaries. Within the next 30-40 days, by early to mid-December, we should have a new reopening date. Our main goal is to get the Maverick reopened as soon as we can, with the long-term goal of providing our owners and guests with a quality resort vacation experience.
For all of our owners who have lost a week or weeks due to the storm, the Maverick is giving you back your lost week, or weeks, to use at a later date and will honor the usage of the lost week up to 5 years from your deeded week. This time may be extended as the Board sees fit. Accommodations are based on availability. Please contact the reservation department to book your lost week(s).
If any owner is interested in banking their deeded week with RCI and currently does not have a membership, RCI has a promotion right now, $59.00 for 1 year membership fee or 2 year membership fee for $100.00
To enroll: http://Discover.RCI.com and enter promotion code NewMbrOffer.
Thank you for your understanding and patience as we repair and remodel the resort and bring it back to being your home away from home.
If you have any questions, please call the resort.
Maverick Staff and Board of Directors
The Maverick Resort sits just north of Daytona, the world’s most famous Beach.
This classic resort, recently awarded RCI Hospitality, stands on the longest beach front that still allows driving on the beach, a favorite past time of the locals. Before NASCAR and the Daytona Speedway there was racing in the sand from Ormond Beach to Ponce Inlet and back. The Maverick Resort is situated in a perfect location and just a one hour car ride to many attractions. From Disney World to NASA, there is something for everyone. This part of Florida boasts a range of interesting sports from kite surfing to motorsports. It is home to nesting sea turtles, migrating Right whales, incredible bird watching and year round dolphin activity.