The association needs your vote to prevent an additional 3% assessment for the coming fiscal year. Here’s why.
There is a unit in Park Tower’s mall that owes almost $100,000 in past due assessments. To foreclose on that unit and resell it to a waiting buyer, we need owners like yourself to sign what’s called a ‘proxy,’ which will then allow the foreclosure to go forward. If we fail to get the needed owner permission, all of us will be looking at paying an additional 3% on next year’s assessment.
Votes will be counted next Monday, September 25. We are within a few dozen votes of the number we need. We’re that close. And it’s a no-brainer — of the hundreds of votes cast so far, only one Owner has voted against!
Please complete it right away and either drop it off in the Management Office or mail it to ..
Park Tower Condominium Association
5415 N. Sheridan Road
Chicago, IL 60640