May 2009  

We do not make jokes, we simply watch the LA Times, the Orange County Register and CID/HOA board of directors and report the factsDAnge

LETTERS

Law?  What Law?  WE are the Law!

Posted by CotoBlogzz 04/28/2009 11:00 AM

 

TO:  All Directors and Members
Golden Rain Foundation
Third Laguna Hills Mutual
United Laguna Hills Mutual

 

Recent find of Original Documents were mailed to each President (GRF, Third Laguna Hills Mutual and United Laguna  Hills Mutual), together with information sheets from OriginalTrust and amendment to the Trust dated Jan. 9, 1969. These documents stated how and why Ross Cortese, the developer of Leisure World Laguna Hills, changed the concept of Leisure World Laguna Hills from a Senior Citizen non-profit Co- operative to a Senior Citizen non-profit Condominium Complex.

 

Mis-information has been given to the boards of Golden  Rain Foundation and United Hills Mutual regarding the CC&R's of Leisure World Laguna Hills. These boards were told they have no CC&R's, yet Third Laguna HIlls Mutual of Leisure World Laguna Hills has CC&R's. How is this possible??

Noni & Corkey Eley

It is impossible for Third Mutual to have CC&R's and GRF and United Mutual not to have CC&R's. If the boards would have read the Original documents mailed to the Presidents of each board, they would know Third Mutual was admitted into Leisure World Laguna
Hills in 1969 and United transferred all their assets and liabilities to Third Mutual. All of the Original governing documents (CC&R's, Trust & Regulatory Agreements) were amended to include Third Mutual into Leisure World Laguna Hills. To our knowledge, Unitedand GRF were not eliminated. GRF is still the Trustee,   United & Third are the Trustors of Golden Rain Foundation Trust and all are subject to the same governing documents (CC&R"s, Trust and Regulatory Agreements).

 

Sincerely yours,

 

    Noni & Corkey Eley

 

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