Kahala Owners Approve Loan

Posted on September 22, 2020September 22, 2020 by Kahala Board

Kahala

Lanai replacement

Thank you for those of you who voted – more than 50% of Kahala owners voted to support obtaining a loan to fix balcony and railing issues that have plagued us.

The good news is that the board has re-worked our reserves, putting some items off, so that yearly dues won’t go up as much as first thought.

The bank is already preparing the line of credit loan, which we will use over the next year to address the water intrusion problem permanently. The professionals working on the project have done an outstanding job of prototyping a solution and now are poised to start work in earnest.

You’re probably wondering how this will impact you. We will be working with the contractor to set a schedule for the work. We’ll let you know when we are going to work on which buildings. This gives you time to communicate with your guests and either offer a cancelation or discount. We apologize in advance for the intrusion this project will make. We’re owners like you – so we want to minimize the disruptions.

I’ve included here a photo album showing the new lanais and railings going in. The good news is that the new tile and railings look fabulous!

The Kahala Board

Long Term Parking – message from Gordon

Posted on September 21, 2020 by Kahala Board

Trans Pacific flights are supposed to open October 15.

We are in the midst of a major construction project.

Some of you are thinking of long term rentals for your unit. If so, remember that there is only one parking spot per unit. You can rent a reserved spot for a second vehicle, but the visitor parking spots are for visitors: house keepers, maintenance, construction workers and short visit daytime guests.

To rent a reserved spot contact our manager Scott Robey at manager@poipukai.org

President Email 9-5-2020

Posted on September 13, 2020 by Kahala Board

First the good news, the new property managers at Po’ipu Kai represent a 500% improvement and have taken a huge stress off our Board. I have transferred all the Board projects to our new management except for the balcony/lanai project. I just thought it would be too much to dump on them just starting out. For questions about the lanai revitalization project, call me 808 634 8535.

The new mailboxes are almost done, the entry ways painted, the landscapers are working, we are saving big money on our water bills, trees have been trimmed, the Po’ipu Kai pool/jacuzzi is up and running, the tennis courts are buzzing with players and a few restaurants have opened, including Kalapaki Joe’s. The rotten beam replacement is almost done (up to building eight,) but we haven’t tackled the third floor balconies yet. We have put in new backflow valves (at great expense) so that the County will give us building permits.

The bad news is that the rotten beams and posts and the reconstruction of our lanai/balconies are going to be hugely expensive. We paid for the rotten beams and posts out of the reserves. The new decks: waterproofing, re-flashings, soffit replacement, tile grouting and sealing and the new railings and new gutters are going to cost us about two million dollars!

It turns out, we aren’t the only ones stuck with this type of damage. Many other associations have had the same issues with their lanai/balconies.

So here is the choice: you will soon get a letter for an opportunity to vote for either 1 or 2.

1. A 25 thousand dollar special assessment OR

2. Approve the Board to go out and get a loan and pay it off with about a 8% a month added on our monthly dues.

Our Board urges a YES vote on the loan.

Please don’t kill the messenger, after all, this place is forty years old.

Gordon LaBedz