![]() ![]() Section 4: General Subject: Osprey Pount Msg# 1230144
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I remember mentioning that years ago on the Forum and Joe's response was something like, "big deal. You out traded the board on everything else." I disagreed then...and now.
Lest anyone be confused, you were in Ocean Pines to represent Chase Bank, or whoever your client was. |
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For reference, the above message is a reply to a message where: As part of the second turnover agreement, Chase reserved that section for itself while trading part of the land to allow the yacht club to expand its marina. Chase eventually sold most or all of its holdings to Balfour who then sold parcels to different sub developers. I had left by that time so I don't know the details of that particular transaction. I don't even know whether that development is part of OP in terms of assessment payments and voting rights. If not, I guess it wouldn't be subject to the OPA's no fence limitation. I do know that as part of that turnover agreement negotiation, I encumbered that land with a reservation so that the sight views from the YC to the bridge wouldn't be blocked. I remember mentioning that years ago on the Forum and Joe's response was something like, "big deal. You out traded the board on everything else." I disagreed then...and now. |
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