Nine Island fires Continental Co., see the video

Last week, the new board at Nine Island Avenue fired its longtime management company, the Continental Group.

At a Tuesday meeting, the new president, Jeff Stokols, told unit owners the board researched other management firms and supports the hiring of KW Management Group. The new board was elected in March.

Board secretary Boris Klopukh argued that the board hear formal proposals from Continental and other competitors before deciding to fire Continental, but the board voted 4-1 to terminate the Continental and hear from competing companies at a meeting later. Under the terms of its contract with Continental, a decision to end the contract without cause takes 60 days to be effective.

“You cannot put up cancellation of the current company before comparing things,” Klopukh said at one point, adding, “I want to compare before I act.”

Former treasurer Jim McLean complained the decision looked like a done deal before the meeting was done and the motion was written before Tuesday’s meeting was held.

Stokols said the March election was a mandate for change and many Nine Island residents had complained about Continental, and the board was responding to a call to action.

There is a follow-up meeting on Wednesday at 7 p.m. Three management companies are to scheduled make presentations: Continental, KW Management and Miami Management Co.

Click on their names to see their websites.

The April 13 board meeting has not been re-shown on Nine Island’s internal cable channel 29, but you can watch the video capture of that segment of the discussion from last week.

2 responses to “Nine Island fires Continental Co., see the video

  1. Pingback: UPDATE: Nine Island board fires Continental, see the video « Belle Isle Blog

  2. Pingback: Nine Island Avenue — live blog of meeting « Belle Isle Blog

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