Nine Days until Cedar Run Election - Candidate Bios Available.

The Election is right around the corner.  Once again, homeowners should have received the following items in the mail.

1. A list of nominated candidates
2. A set of rules describing how the election will be conducted
3. A Proxy with two options
4. A Letter entitles "Overview of Litigation"

In our last blog post, we focused on the  "Overview of Litigation".  If you haven't already, please scroll down the page and read that blog from 7/20/16.

Our focus this time is on the list of nominated candidates.  No, we won't be going through each name on the list.  We'll let each of them speak for themselves.

What was not included in the mailing was the nomination and qualification info that each candidate submitted.  This information is currently available to view or pick up at the Cedar Run Clubhouse, but we've obtain copies of them for your convenience.

You can view these forms by clicking HERE.

Do also note that additional candidates may participate as write-in candidates.  There will need to be at least one write-in candidate because there are currently 11 nominated candidates for 12 positions on the board.  Write-ins will need to be nominated from the floor on the day of the election, and they will make their statements verbally to the homeowners.

Lastly, we encourage all candidates, whether write-in or nominated, to send us any statements that they'd like to have posted on this blog.  Email us at restoreCR@gmail.com

Please check back regularly for more election info.

Two Weeks Until Cedar Run Election

By now, all  Cedar Run homeowners should have received a mailing that included the following:

1. A list of nominated candidates
2. A set of rules describing how the election will be conducted
3. A Proxy with two options
4. A Letter entitles "Overview of Litigation"

Our focus for today's blog post is item #4, Overview of Litigation.

WE STRONGLY ENCOURAGE ALL OWNERS TO READ THIS OVERVIEW OF LITIGATION!

A copy of this letter can be found HERE.

The Overview of Litigation was approved by the court and ordered to be disseminated to all owners.  The issuing of this letter is a very important, necessary step to ensure that all owners understand the legal issues that have plagued Cedar Run over the past four years.  It is critical that all Cedar Run owners can make their decision on August 4th as INFORMED VOTERS.

While there is much detail left out of this letter, it  does provide a concise, factually correct summary of what has happened in Cedar Run, why we are in receivership, and why we are having this election.

Whether you are a long-time owner or a recent buyer, we strongly encourage you to read this Overview of Litigation.

Some items to note within the letter:

The Sher/Shaw group adopted a set of By-Laws in 2012 without notifying or getting approval from homeowners.  These bylaws conflicted with Illinois law and were determined, by the court, to be void.  A copy of these By-Laws (Which we've often appropriately referred to as "The Bogus By-Laws") can be found HERE.

An Exclusive Consulting Agreement was signed in 2012 between the HOC ("Party #1") and Robert Sher & Jack Shaw ("Party #2").  This agreement, even more so than the Bogus Bylaws, essentially guaranteed employment and pay for Robert & Jack for EIGHT YEARS.  It's worth noting that the only signature on the agreement for "Party #1" was Barbara Shaw....The wife and daughter of both members of "Party #2", respectively.  A copy of this agreement can be found HERE.

Robert Sher and Jack Shaw received a total of $168,920.55 for serving on the oversight committee. This figure came directly from a court-approved report by the accounting firm Frost, Ruttenberg & Rothblatt (FR&R).  A copy of the text of the report can be found HERE.

Within the FR&R report, you'll find information that is even more appalling regarding how the Sher/Shaw group handled Cedar Run's finances, taxes, collections, employees, relationships with contractors.  You'll also see that over $218K went to their family's law firm, Shaw Legal Services, and the over $43K paid out to settle judgements that were filed against them by vendors.

The numbers DO NOT LIE, and this was all funded with OUR MONEY!

Please stay tuned for more updates, as well as some statements from actual candidates who are running for positions on the Cedar Run HOC board.

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In the meantime....
We'd love to hear from you!

restoreCR@gmail.com

(224) 544-9058

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