Fisch
TUG Member
- Joined
- Jan 16, 2006
- Messages
- 520
- Reaction score
- 17
- Points
- 378
- Location
- Escondido
- Resorts Owned
- Point at Poipu
https://www.diamondresorts.com/hoa/20111005/PoipuOwnerLetterandInserts.pdf
Don't know if the above link will work unless you are an owner.
The water intrusion project is going to be a big one. $5893 per week owned.
$2000 this year along with the normal yearly maintenance fees. the same the following year.
They will take Bldg 4 off line the 2nd half of 2012. The following years two more buildings will be off line, and the final year will have the last bldg offline for repairs.
I'll be in Kauai later today and can ask questions if anybody has some. Let me know.
Al
From the letter:
The Project—Extensive Repairs to All Buildings
Following the investigations and realizing the extent and complexity of the repairs needed, your AOAO Board worked with
a team of experts including an envelope repair and retrofit designer, a structural repair designer, a local architect as a liaison
for permitting, and a nationally recognized project manager to establish the scope of the project. In general, the project will
repair damage to wood framing and replace structural ties, straps and fasteners, as well as structural deficiencies based on
current building codes. The project is also designed to stop leaks and the conditions causing damage. This will extend the
service life of the buildings. More specifically, the project includes:
• Making roof repairs
• Installing new drainage cladding (siding) system and proper flashings
• Retrofitting existing structural fasteners and connections
• Repairing or replacing wood framing
• Installing new structural shear walls
• Installing new above-grade and below-grade waterproofing
• Repairing or replacing windows and doors
• Retrofitting air conditioning units and installing new flashings
• Repairing interior finishes as necessary
• Permanently replacing all soffits
Water Intrusion Assessment Cost
The total amount of the water intrusion assessment, which includes all construction costs, legal and consulting fees, permits,
Hawaii general excise tax and other items is approximately $65.8 million, or $5,893.32 per interval.
Project Timeline
The project will start in June 2012 and take approximately five years to complete. The current schedule calls for one
building, Building 4, to be completed by the end of 2012, two buildings to be completed each year through 2016 and one
building in the first half of 2017. With buildings being out of service for the next five years, space will be limited; therefore
if you are planning to visit the resort during this time, please make your reservation early. If you are a fixed unit/week owner
and your reservation coincides with the time your building is being repaired, you will be notified that your unit will be
unavailable during that time and you will be moved to another unit. Best efforts will be used to place you in comparable
accommodations.
Water Intrusion Project/Association Website
Additional information and updates can be found at our owners-only website. If you have not used the website before, simply
go to DiamondResortsHOA.com and enter the same username and password that you have created for DiamondResorts.
com. If you are having difficulty accessing the website, call 1.855.624.4390 to speak to a representative. After you have
entered your username and password, select “The Point at Poipu” under the drop-down menu and click on the “Water
Intrusion Project” tab at the top of the page.
If you are unable to attend any of the meetings, the informational meeting presentation will be posted on the Water Intrusion
Project page. Several Frequently Asked Questions and photos of the damage are also posted. Please frequent this site for
up-to-date information about The Point at Poipu, the progress of the project and to ask questions
Don't know if the above link will work unless you are an owner.
The water intrusion project is going to be a big one. $5893 per week owned.
$2000 this year along with the normal yearly maintenance fees. the same the following year.
They will take Bldg 4 off line the 2nd half of 2012. The following years two more buildings will be off line, and the final year will have the last bldg offline for repairs.
I'll be in Kauai later today and can ask questions if anybody has some. Let me know.
Al
From the letter:
The Project—Extensive Repairs to All Buildings
Following the investigations and realizing the extent and complexity of the repairs needed, your AOAO Board worked with
a team of experts including an envelope repair and retrofit designer, a structural repair designer, a local architect as a liaison
for permitting, and a nationally recognized project manager to establish the scope of the project. In general, the project will
repair damage to wood framing and replace structural ties, straps and fasteners, as well as structural deficiencies based on
current building codes. The project is also designed to stop leaks and the conditions causing damage. This will extend the
service life of the buildings. More specifically, the project includes:
• Making roof repairs
• Installing new drainage cladding (siding) system and proper flashings
• Retrofitting existing structural fasteners and connections
• Repairing or replacing wood framing
• Installing new structural shear walls
• Installing new above-grade and below-grade waterproofing
• Repairing or replacing windows and doors
• Retrofitting air conditioning units and installing new flashings
• Repairing interior finishes as necessary
• Permanently replacing all soffits
Water Intrusion Assessment Cost
The total amount of the water intrusion assessment, which includes all construction costs, legal and consulting fees, permits,
Hawaii general excise tax and other items is approximately $65.8 million, or $5,893.32 per interval.
Project Timeline
The project will start in June 2012 and take approximately five years to complete. The current schedule calls for one
building, Building 4, to be completed by the end of 2012, two buildings to be completed each year through 2016 and one
building in the first half of 2017. With buildings being out of service for the next five years, space will be limited; therefore
if you are planning to visit the resort during this time, please make your reservation early. If you are a fixed unit/week owner
and your reservation coincides with the time your building is being repaired, you will be notified that your unit will be
unavailable during that time and you will be moved to another unit. Best efforts will be used to place you in comparable
accommodations.
Water Intrusion Project/Association Website
Additional information and updates can be found at our owners-only website. If you have not used the website before, simply
go to DiamondResortsHOA.com and enter the same username and password that you have created for DiamondResorts.
com. If you are having difficulty accessing the website, call 1.855.624.4390 to speak to a representative. After you have
entered your username and password, select “The Point at Poipu” under the drop-down menu and click on the “Water
Intrusion Project” tab at the top of the page.
If you are unable to attend any of the meetings, the informational meeting presentation will be posted on the Water Intrusion
Project page. Several Frequently Asked Questions and photos of the damage are also posted. Please frequent this site for
up-to-date information about The Point at Poipu, the progress of the project and to ask questions
