The #1 blog of International Village Condominium Association in Inverrary, Fla., keeping unit owners informed about important issues affecting the community

Tuesday, January 26, 2016

Vote of confidence

Congratulations to Duv Wolff, Marcio Jaspan, Murat Kizikli and Zack Karmali on their election to the International Village Board of Directors. All four were automatically elected to two-year terms this month after drawing no opposition for the four available seats on the Board.  I consider that a pretty strong vote of confidence in the job the Board has been doing to keep costs and maintenance fees down while pursuing important improvements to the property.

Duv, Marcio and Murat – the three returning incumbents – have built a strong track record of fiscal responsibility since joining the Board, and I’m thrilled the association will continue to benefit from their valued service. The newcomer, Zack Karmali, is a native of Canada who moved to International Village as a renter.

I’d also like to take this opportunity to thank all the unit owners who took advantage of last month’s Wilma Special Assessment Early Payoff Bonus offer. About 20 owners reaped hundreds of dollars in interest savings by paying off their Hurricane Wilma special assessment balance approximately three years early. In all, the association collected about $40,000 in special assessment payoff checks during the month of December, which will go toward reducing our debt with Wells Fargo. If you happened to miss the December 30 deadline, your next opportunity to save money by paying off your Wilma assessment balance early will be in June, although the savings won’t be quite as large as they were last month.

John Labriola
International Village President