Circle C Neighbors

Gary Bradley's Utility Bills

Have we been paying Developer?’s utility bills for all these years?

May 5, 2003

Dear Board of Directors of CCHOA:

I am inquiring on behalf of all the Circle C homeowners regarding the utility expenses. When I inspected the financial documents covering the last six years (1997-2002), I discovered there were numerous water and electricity payments that belonged to the Developer and his companies. Those account numbers are as follows:

Gary Bradley A/C#0669039-0
5501 1/2 Slaughter La W

Gary Bradley #0669041-6
5901 1/2 Slaughter La W

Gary Bradley #0669045-7
6301 1/2 Slaughter La W

Phoenix Holdings #0026951-4
5919 La Crosse Av

Phoenix Holdings #0267891-0
5919 A (Suite 100) La Crosse Ave

Phoenix Holdings #0267890-2
5919 B (Suite 200) La Crosse Ave

Phoenix Holdings #0269355-4
10407 1/2 Dahlgreen Ave

Circle S LandCorp#0269382-8
10399 Rhett Butler Dr

Circle C LandCorp#0059309-5
5301 1/2 Slaughter La W

Circle C LandCorp#0274185-8
5500 1/2 Slaughter La W

I have copies of the billing for the above accounts for the Years 1999 through 2002. The following are the total amount of electricity and the water for these four years. I am quite certain the actual amount could be a lot higher because some invoices are missing.

Developer's electricity $22,970
Developer's water $26,561

Could you kindly explain to us, homeowners, why our hard-earned money is being used to pay the bills for the Developer?

Sincerely,
Lisa

CCHOA's Water Meter Accounts

In the Year of 2002, CCHOA had 20 water meter accounts as follows:

3742071-8
4208694-2
0268517-0
4084541-4
0302772-9
0302771-1
4081999-7
0269394-3
4208699-1
0268518-8
0269389-3
0127523-9
0294358-7
0269387-7
3742071-8
4259064-6
4373024-1
4430453-3
4311179-8
4311183-0

All the above accounts are billed under the name of Circle C HOA.

If you have any question about the above accounts, please call the City of Austin at (512) 494-9400.

GO BABY!

You go Lisa...call the board on their lies! I hope they start to shake in their boots or maybe they will be dragging their chains one day.
Keep it up, I sick of their power trips and getting away with all this stuff. It would be nice to have the extra money to fix up our development which in my opinion is looking worse all the time.

Bradley treats us as FOOLS !


Circle C Homeowners have been paying office equipment lease & supplies for the Developer's office for all these years.

May 29, 2003

Yesterday I paid a visit to 5919 La Crosse, Suite 100 & 200. I took several pictures of each piece of equipment and copied down the model and serial numbers. I wanted to find out why this kind of cheap, old equipment could cost us several thousand dollars a year in lease fees.

My visit was not welcomed by Susan Hoover and Denise Nordstrom. They told me that this was not CCHOA property and that I should leave. Denise told me that those equipments did not belong to CCHOA; she said the equipments belonged to Full Circle Management. Denise also said that Full Circle Management pay monthly rent for the office space. Since there no rental income was indicated on our CCHOA's Income & Expenses Statements, I believe that the rent must have been paid to the Developer.

Full Circle Management, LLC is a company either owned by the Developer or by the Board member. If CCHOA does not have its own office and those equipments do not belong to us as Denise stated, what is ''Office Equipment Lease & Supplies Expenses'' for all these years?

Year 2002 - $6,015
Year 2001 - $7,954
Year 2000 - $7,143
Year 1999 - $7,835

CONCLUSION:
Circle C Homeowners have been paying office equipment lease & supplies for the Developer's office for all these years. I suspect the equipment is being used at Bradley?’s Development at 1111 West 11th Street, Austin, TX 78703.