St. Louis, Missouri 2021-09-20 23:20:00 –
Wentzville, Missouri (KMOV.com)-A group of local homeowners say they can’t manage their neighborhood on their own.
Developers manage the Homeowners Association (HOA), and residents want to know where their money is heading. The developers are involved in a scandal that sent former St. Louis County executive Steve Stenger to jail. The village of Huntley Ridge is certainly a privileged Wentzville district. However, some homeowners say News 4 has one serious drawback.
“I honestly feel abused and used,” said Kayla Hatcher.
“We’ve been using it all this time,” said Danny Vehlewald.
This is not a new subdivision, but it is a victim of the housing crisis and other start and stop, and has not yet been fully developed. That is, it manages the Homeowners Association, no matter who the developer is. In 2017, it was acquired by a company called Glarus, LLC. The person in charge of the company is P. David Glarner and his brother Robert B. Glarner and Jr.
“Clearly dubious things are happening,” Hatcher said.
Some homeowners say they have become more and more unhappy since the acquisition by Glarus.
“He entered a well-funded HOA. When he took over, and in the last four years, he spent more than $ 250,000, and a significant portion of that is unjustifiable money,” Vehlewald said. Mr. says.
The Granners name is something you may be aware of. Both brothers were nominated for federal subpoena in an investigation that eventually dismissed former St. Louis County executive Steve Stenger. The St. Louis County Council’s Institutional Review Board has blown up a county lease at Granners-owned Northwest Plaza in St. Louis, earning hundreds of thousands of dollars, especially for campaign donations to Stenger. However, neither has been criminally charged in Stenger’s investigation.
Former St. Louis County executive Steve Stenger reported to a federal prison in Yankton, South Dakota on Monday.
“I’m not throwing stones, I didn’t read about the incident, I don’t know what happened there, I really don’t care, I know Wentzville That’s it as a citizen of and as part of this HOA, we are torn apart, “said Vehlewald.
If the HOA board, which currently consists of siblings and their mother, does not have a single seat, homeowners say they are at the mercy of developer spending. They pour into the financial statements, but say things don’t add up. For example, Hash Blackwell, the same law firm that represented Granners on the Northwest Plaza issue, is paid a high hourly rate for phone calls, draft letters, and more.
“It’s more than ten times the cost it should be,” Hatcher said.
Homeowners say they don’t know exactly for what, but the total amount of money also goes to the developer’s own company.
“He seems to only take care of the lawn, one bid to take care of the pool, and at the end of the day he seems to write a check to his company,” Vehlewald said. ..
And they say the cost of general ground maintenance has skyrocketed.
“I think he’s paying his bills with our HOA money,” Vehlewald said.
They were so worried that they even submitted a report to the Wentzville police.
“I think he can escape with it, and from what we see, he may be able to do so, and it’s not fair,” Hatcher said.
“This area of law isn’t as simple as everyone wants,” said Todd Billy, a lawyer specializing in community association law.
Of course, he says developers are interested in subdivision at an early stage.
“Build a quality home, sell it and move on. It’s great. We’re happy with it,” Billy said.
But he says, like a regular HOA board, the developer has fiduciary security to do the right thing.
“You cannot use the association’s funds or goodwill for any other purpose. You must stay for the association’s goodwill,” Billy said.
He says housing construction is booming again in our area and we need to read fineprints when it comes to developer-managed HOA.
“Read these things before you buy a home. If developers aren’t willing to share or discuss their discussions, you need to decide if the community is right for you.” He said.
And he states that in Missouri, developers can take control at any time.
“There is no reason for you to hold and be involved in the demands of the fence or anything of its nature,” Billy said.
“What we want is simple. We want to manage our finances, we want to manage our HOA,” says Vehlewald.
News 4 wanted to talk to the developers about this story, but instead was told by a HOA lawyer that they would only answer the question “in writing, not in an interview.”
“I didn’t know the specific unresolved question about how finances are being treated,” the lawyer wrote. “After 50% of the lots have been sold in full subdivision, homeowners will be elected to the HOA Board by members of the HOA.”
He estimated that it might be sometime next year. He also “clearly denied” that the HOA funds were used for purposes other than HOA costs, and claimed that bids were required to maintain a common ground.
Regarding legal fees, the lawyer said, “Unfortunately, Husch Blackwell’s services are still needed as the threat of legal action against HOA continues.”
Homeowners now say they are considering other desperate measures, such as warning buyers. Some people have just stopped paying membership fees.
“Who is going to stop us? At this point, I think that’s our current situation,” said Vehlewald.
Developer with name tied to Stenger scandal clashes with homeowners who want control of their HOA | St. Louis News Headlines Source link Developer with name tied to Stenger scandal clashes with homeowners who want control of their HOA | St. Louis News Headlines