The strategy of writing off a long overdue debt recently cost Santa Rosa County about $180,000, but it sliced the annual lease fees roughly in half for the owners of 14 Navarre Beach condominium units in the Sugar Dunes complex. Thus the saga of Sugar Dunes’ unaccounted-for lease fees ended last month without so much […]
The leaseholders of 14 condominium units at Sugar Dunes on Navarre Beach will be allowed to pay the amended annual fee rate of $250 each, even though $180,000 remains due on the property, uncollected by the County since 1987. “From our perspective we are clean,” Ron Lewis, president of the condo association, said. County […]
Even the most aggressive bill collectors must sometimes resign themselves to writing off some debts. Whether the difficulty is because of a bankruptcy, the death of a debtor or the lack of adequate records to legally support the claim, most banks, retailers and others with stale receivables on their books know that the time may […]
The mystery of why $180,000 in lease fees from 14 Navarre Beach condominium units weren’t paid to the county since the 1980s has government officials and the homeowners searching for answers. Read the full article in the Feb. 11 issue of Navarre Press. Click HERE to subscribe for as little as $38 per year.
The lease fees collected by a developer from the owners of 14 Sugar Dunes condominium units since the late 1980s, but never paid to Santa Rosa County as normally required, total more than $180,000. The Sugar Dunes homeowners association’s property manager, Tammy Pahal-Morgan, said she learned of the discrepancy soon after being hired in 2014. […]