4000 Vista Mar Christiansted
Welcome to the Vista Mar Homeowners site; a resource for owners and their guests.
Vista Mar Condominiums is situated just minutes from downtown Christiansted. Beautiful views of Buck Island and ocean breezes makes this a comfortable place to call home.
Unfortunately it is in distress and homeowners need to come together to address these issues. The past HOA board members failed in their duties to protect the owners at Vista Mar.
Since our last board meeting in July, although they are lacking for a treasurer, the rest of the board members are diligently trying to save our units and make the difficult decisions necessary. Below is the most recent message from the Vista Mar president:
UPDATE ON WATER LEAKS -bldg 1 and bldg 2
Unfortunately they continue to not have common sense: There was a burst pipe that has been leaking for a few days. They did not call a plumber and let the water run all night long, flooding underneath building 1, which is where the structural issues are: (around 25 seconds in) https://youtu.be/k1lZzmYxZ_A
The HOA can not continue to hire family members or friends to fix major issues. It has to be done by a professional, the right way, the first time… with a guarantee. If it is not done correctly, they come back and fix it – on their time. It is ridiculous that they continue to give jobs to unqualified people – uninsured and with no guarantee. It is a waste of money and a huge liability on the HOA.
- Paul David Engineering Report; Structural movement of units.
- Jan Magras Engineering Report; Structures built over fill dirt.
Plans for Reconstruction
We are not sure how many owners/tenants will be affected by the construction. The most important thing is that the shoring up of the units is completed by a licensed contractor.
The constructions quotes came in.
It’s going to cost +- $500,000.00 to rebuild building 4, building 1 and shore up buildings 2 and 3. That would be an assessment of about $14,000 per unit. The final numbers are not in yet, please see above for most recent letter from President.
Bob Chaput, President back in 2000 – addressed these issues to everyone, yet the board nor the Treasurer, Barbara Swanson, had the foresight to do her job. 25 years of fiduciary failure all in the name of having cheap HOA dues.
If you look at the accounting, you see that the reserves were never sufficient to cover any updating. At this time we only have $10,000 in the operating account and $50,000 in reserves in case of hurricane or other severe emergency. We do not have windstorm insurance. We hope that with the increase in dues and upcoming assessments we can bring Vista Mar back to where it once was.
Dues are at $250 per month, and after July 31st 2021 meeting, the motion to increase dues to create cash flow and possibly cover windstorm insurance was shot down. The board has finally exercised it’s duties to increase dues as per the bylaws to cover expenses without needing owner votes. The new dues will be $350 staring in November 2021.
The next step is to reel in the expenses of our grounds-keeping. We have a groundskeeper/maintenance person without direction. She is not a licensed contractor nor is she insured. There needs to be basic daily duties and her hours need to be cut until we can build up our reserves.
Septics are failing, building 3 is now also collapsing from roof down, the garbage area/bins are sliding down the hill. The streets are in such disrepair its a hazard to walk on due to a hybrid tree that should have been cut years ago. There are flat tired cars in that don’t run allowed to be sitting in the lot. Wires hanging low, trees growing too high that need to be pruned before they snag on wires again (especially during storms). Cisterns need to be drained and the downspouts rerouted. Fences need to be fixed. It’s a lot to take in.
Below is a letter written to the board and owners with a laid out path in the right direction. There has been no reply from the board. – (update: Sept 9 letter to owners addresses some of the issues)
Saturday, July 31, 2021 at 2pm (Gertrude’s Restaurant)
Although the current President’s unit is pending, she was not up for re-election. Full disclosure to all potential buyers is the ethical road to take. Although the existing Treasurer is responsible for the loss of people’s homes and the financial ruin Vista is in, she is also still keeping her position. Below are the minutes of the last meeting. Another co-treasurer was voted in – who also knew of the issues and did nothing. There is always room redemption.
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Videos of the property and pool area. Evidence of the lack of care.
Units for sale
There are a few units for sale on the property, including the unit by the pool, which has been converted to a 2 bedroom. Hopefully we will have a letter confirming owners can also convert theirs, and maybe even the bylaws updated to reflect this change. Before owners start converting their units, we need to have more clarification on proper building codes, permits, new dues for those 2 bedroom units and a breakdown on what is covered by the HOA. I expect shortly that more owners will attempt to sell. I wish them luck.
Please email the HOA for more details or check the MLS listings.
HOA EMAIL: email@example.com
4000 Vista Mar, St. Croix VI 00820