DV-25-00001 Suncadia Resort Master File

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developer will expedite improvements to increase the value of their assets within the next 5 years. • Commingling of Funds. The Developer and Suncadia Management Company commingled Approx. $800,000.00 priorto 2009, between Tumble Creek, Suncadia Residential Owner Association, Suncadia Community Council and Lowe -The Developer. This took 3 years to clean up. $800,000.00 +- • Mis Appropriated Funds. Over several years, behind the scenes, Lowe, the developer and Suncadia Management Company, misappropriated approx. $2.9 million dollars from the associations and after disclosing it 2 years ago, have not paid the money back to the associations. $2,900,000.00+- • Current Misappropriation of Suncadia Community Council Funds... Suncadia Management Company and the developer (Lowe+) have Mis Appropriated $528,400.00 forthe Firewising of Developer Owned/Non-Open Space, Non-SCC Properties in 2025. $528,400.00 • The Suncadia Water Companywas sold and Roger Beck, Managing Director sent owner a letter that stated that "There will be no change in your water and sewer rates as a result of the sale." Water and sewer rates have increased almost annually since this change and now we are paying double what the rates were in 2020. • Riverfront Park Access. All residential owners pay for equal access to SCC properties. The SCC riverfront park is accessed byTC owners' vehicles, Outside Golf Members vehicles of the TC Golf Course who pay Thousands in membership fees to the developer and about 140 property owners'vehicles that have legal access through Tumble Creek in their automobiles. The access is over a non- exclusive easement thatTC and others use but do not own. The property owners in Suncadia that payforthe lion's share of the SCC budget only have access to the riverfront park via the hundreds of steps behind the lodge. This means that anyone that has any handicap or doubt about descending the hundreds of concrete steps down to the river or back up the hundreds of steps do not have equal access. This has been discussed for several years and as of today, there is no equal access over the developer's property to access the park. Visit the Lodge, stand at the top of the steps, and you will immediately understand the issue. This is Discrimination! Older but not close to all of the developer issues.