OKW extension??

You sent in $15 which went up to $20 per point and they extended your lease 15 years to 2057. Or you signed a Quit-Claim and kept you original 2042 expiration.
 
1) The OKW owners voted to extend the least 15 years at a cost of $25/point for every owner.

2) Actually, Since it's impractical for the whole membership to vote, their proxy - DISNEY - voted for them.

3) If a member sent in their money by a deadline, Disney would pay $10 of the $25.

4) If a member didn't want the extra years, they could send back a post card, wait a few months, get paperwork to fill out, set said paperwork notarized, and send it back to Disney.

5) Disney discounted all dues $30 to offset the cost and hassle of filling out paperwork.

6) Disney may or may not have agreed that folks who opt-out and keep 2042 contracts won't have to paid due for a maintenance fund covering post 2042 upkeep.

7) Jim Lewis apologized a the recent annual meeting for the opt-out procedure and vowed not to do it again.
 



New Posts

















DIS Facebook DIS youtube DIS Instagram DIS Pinterest

Back
Top