| Board of Directors will meet on January 19, 2015 |
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A Special Meeting of the Board of Directors will be held to discuss a variety of ongoing issues on Monday, January 19, 2015 at 4:30 p.m. Arizona Time. Official Notice and Agenda including instructions for listening to the meeting via conference telephone are attached to this newsletter. You can also access the Agenda and read about recent Board activity on the web site. Go to www.camelbackowners.com and key in your password. Then click the Meetings and Events page at the left, then click Board of Directors.
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| Camelback room rates announced for First Quarter 2015 |
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Rates for First Quarter 2015 are now posted on the Camelback Room Rates page and include rates for regular rooms and sun deck rooms. The number of days your unit will be charged when you use vacation time at a reciprocal property is based upon the rate in effect the day of your stay at that hotel. We suggest that you consult this page prior to making your plans if you need to forecast your vacation time usage.
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| Property Planning Awaits Details of Jackrabbit Pool Improvements |
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The Property Planning Committee will be meeting with Jim Rose and staff regarding plans to renovate the Jackrabbit pool area and Fitness Center. Preliminary estimates are for approximately $2.5 million of Co-owner funded upgrades. The plans will be presented to the Board at the 1/19 Board meeting and then distributed to the co-owners in the next few months. The project will also include Marriott funding of additional food and beverage facilities around the pool area.
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| Review of Condominium Documents is underway |
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An important duty ot the Board is to review the documents periodically to ensure that they comply with changes in state and local laws and to consider changes that would serve the ownership. The most recent changes were considered following the report of the 2009 By-Laws Review Committee which recommended five amendments, all of which were adopted.
This year's review began in December and further meetings are being held in January. This is part of a lengthy and deliberate process and any proposed amendments will be presented for Co-Owner approval at the October, 2015 Annual Meeting. The committee welcomes suggestions and input from all owners. You can contact Committee Chair, Christopher Gable at christopher.gable@wfadvisors.com. Also serving on the committee are Director Jack Florio and past Presidents David Bartholomew, Brenda Kaplan and Joel Stein. Current President Connie Clark and the Board's independent legal counsel serve as ex-officio members.
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| Changes for Condominium Sales Operations now in effect |
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Host Hotels and Resorts, Inc. recently announced that the sales and marketing of Condominium units is now handled by First Financial Equity Corporation, a full service licensed securities broker with offices in Scottsdale. The move will have no financial impact on the Partnership and is expected to expand the potential market for the resale of Condominium Units.
The list of those Units that are currently being offered for sale by other Co-Owners will continue to be posted on the Co-Owner's web site and was most recently updated on December 9, 2014. To view the list, log on and click the "Units Available for Resale" tab on the left. Contact information for First Financial Equity Corporation can also be found on the Units Available for Resale web page.
June and Wanda continue to handle Partnership business, including reimbursement for reciprocal stays, from the Condominium Office on property.
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| Request vacation time at Camelback Inn on-line |
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To request vacation time at Camelback Inn, just log on to www.camelbackowners.com. Key in your password, click the Reservations Page link at the left and follow the instructions. Your request goes directly to the Camelback Reservations Team. They will send you confirmation by the next business day. It's that simple. No need to call, fax or email.
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| Check the web for the latest news about Camelback Inn |
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The Communications Committee continually updates the web site on topics that include posting changes in CBI rates, additions or deletions to the units available for resale, and other news of interest to Camelback investors. We invite you to check the site often to find out "What's New".
If you have questions or need technical help with your access to the web site, do not hesitate to send an email to the Communications Committee c/o dcbartholomew@aol.com.
The Officers, Directors and Committee members of the Camelback Inn Condominium wish all of you a happy and healthy New Year.
The Board of Directors
Marriott Resort Hotel Condominium - Camelback Inn
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