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Tag: Financial

Money related

Our Annual Budget – What’s Going On?

Our Annual Budget – What’s Going On?

Posted on December 28, 2025December 28, 2025 by Ken

Fifteen minutes before our annual budget meeting on 11/19/25, we were notified that the meeting was cancelled “due to an emergency.” Now we’re being told that an “error” was identified during the budget review process.So which was it — an emergency, or a $290,000 mistake? And if it was an error, why was it discovered…

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South Side Pool Deck

The Building Is Rotting… But We’re Getting a New Gym

Posted on December 23, 2025February 10, 2026 by Ken

Proxy votes were counted Friday night. To pass, 160 votes are required.Anything less means the motion fails. The Results: Yes=143 No= 27 Because the 160 vote threshold was met, this proposal has passed. Notably, if just 11 people who opposed the gym had not voted at all, the board would not be moving forward—despite a…

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Mini Market

Report: Review of Mini-Market Contract Terms and Approval Process

Posted on December 4, 2025December 14, 2025 by Ken

A review of the recently approved automated mini-market contract shows that Brickell Key One (BK1) will not receive commission on sales, while still carrying certain operational costs and responsibilities. The contract was approved unanimously by the Board members present at the September 26th meeting . Approval Process and Due Diligence At the September 26th Board…

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Legal-Gavel

Investigation: Costly Lawsuit Initiated by BK1 Against Owner and Master Association

Posted on November 13, 2025December 4, 2025 by Ken

Brickell Key One (BK1) owners are currently paying for both sides of a significant legal dispute, as the BK1 Board has initiated a lawsuit against one of our owners and the Brickell Key Master Association (BKMA). This action has immediate and substantial financial consequences for all unit owners. The Financial Impact on BK1 Owners The…

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