Thank You Plantation Resort Owners for your support, confidence, and trust in sending us your proxies.
Thanks to many of you who sent in your proxies (the legal right for us to vote on your behalf). I want to personally and on behalf of all our staff thank you for supporting these efforts to benefit all (over 15,000) owners who believe in owning at Plantation Resort and calling it their vacation “home away from home.”
Why We Needed Your Proxy
Some of you have asked, “What’s all the fuss with asking us for our proxy?” Due to your efforts, we received the proxies needed to reach a majority in all homeowners associations (HOAs) enabling us to pass three crucial amendments to your HOA’s governing documents. I was able to communicate personally with many owners who had questions. Once they understood the ramifications, they were happy to support these amendments.
The Passed Amendments
So why are these amendments so important and beneficial for you, a Plantation Resort owner?
The first amendment gives you the ability to make a reservation up to 24 months in advance when it was only 12 months previously. This benefits you when you have a special occasion like an anniversary or a family reunion that you’re planning years in advance. You are now able to reserve 2 years ahead to make the occasion even more memorable and stress-free. This amendment also gives you, as a Plantation Resort owner, more exclusive time to make your perfect vacation reservation before others get a chance to book time at the Resort.
The second amendment enables us or our partners to better communicate benefits of ownership to you and to potential owners. This aids you directly by helping add more owners to the Plantation Resort owner base, resulting in more owners sharing the costs to maintain and improve the Resort.
The third amendment changes the term or end date of your HOA’s governing document, the Declaration of Interval Ownership. This declaration defines how time is divided between timeshare owners. Before the amended change, this document would terminate on a specific date where it would take a vote of at least 67% of the owners in the HOA to continue the life of this important document. Asking for 67% of all the owners in each HOA to vote in person or via proxy to continue the life of this document would have been an almost insurmountable task. With the newly amended change, the document will now continue indefinitely until at least 67% of the owners in the HOA decide to vote to end the document.
Lastly, thanks for your patience and understanding as we learned the DocuSign (electronic emailed proxy) system. We learned some valuable lessons using this system that will help us provide you a better customer experience in the future.
Thanks again for your support in this important endeavor.
Wishing you many happy vacations,
David C. Nelson
Executive Vice President