- Nov 15, 2008
If I understand it, that is covered under the capital reserves, So, if it is put on hold, we wouldn’t get a credit because they’d be done at some point,This is quite concerning if the Renovations have stopped. I mean haven't our dues already paid for this? After the quarterly reports yesterday, and rumours of work ceasing surely we can expect some sort of dues credits if the already paid for renovations were not to continue?
Now, we did learn via the DVC message of 4/24 that any credit that happens due to resort shut down will be used as a credit toward 2021 dues instead of going into the capital reserves funds which is what normally happens,