The Board received notice today from Essex that is has released two checks tendering the remaining balance of its $5,000,000 policy limit. We expect that the checks will be received by the association the week of December 1st. The final payment from Essex breaks down as follows:
The Villas at Pointe West, Inc.- $1,371,000.00
Bay Water Condominium Association, Inc.- $1,629,00.00
