Listed below is a link to the presentation by Langan made at the CDD meeting on August 25, 2016.

The Board asked Langan to come up with plans on how to use the expected balance of $1.9M that will be left from the $8.3M settlement after the final emergency repairs are completed. The Board also concluded that we will not have the potential bond funded by Q1 2017 so you can disregard the slides in the presentation that refer to being funded by Q1.

The first four slides show changes in cap rotation. The more the cap has rotated, the more likely the seawall is to fail. On slide 6 you will see a summary that has detail from April 2013 to August 2016. Over that time frame in section 1, green lots have gone from 47 to 14. Yellow lots have gone from 132 to 88. Red (pink) lots have gone remained constant at 54, and dark red lots have increased from 0 to 77.

This is what happens when you elect members to a CDD Board that do not have any project management experience and continue to disregard their hired engineer's warnings.

The detail for Section II is on the next slide. You can see how quickly the cap continues to deflect.

I strongly urge you to go through the presentation and see what is being projected going forward. The Board decided to send out a Request For Price (RFP) for the 11 lots in section I that are expected to fail next. Those 11 lots are shown on slides 9 and 16. The Board chose to ignore the engineer's recommendation to place rip rap in Section 1 to arrest cap rotation movement of 63 other lots. (slide 14).

This Board lead by Chariman Collins and Vice Chairman Cribbs are leading us down this path of disaster.

It is time for a change. Please feel free to contact me with any questions at Steve@SteveLockom .com

To see the presentation (click here)