An independent budget review warned the Champlain Towers South condo association that its financial reserves were critically underfunded in the face of urgently needed structural repairs a little over a year before the building collapsed, a document obtained by CNN shows. The condo association only had 6.9% of the recommended level of money to complete…
Day: July 8, 2021
A 2020 report found Surfside condo lacked funds for necessary repairs. One expert called it a 'wake-up call'
An independent budget review warned the Champlain Towers South condo association that its financial reserves were critically underfunded in the face of urgently needed structural repairs a little over a year before the building collapsed, a document obtained by CNN shows. The condo association only had 6.9% of the recommended level of money to complete…