Lake Martin Topics: Stoneview Summit

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	Name:	AUCATZ -
	Subject:	Stoneview Summit
	Date:	1/19/2009 12:59:57 PM

The issues with Stoneview Summit go far beyond what one entity can do. StillWaters residents reside under several sets of covenants, and the SWRA has no authority to 'do' anything about Stoneview. Like so many LM developments, there is no real governing authority to get something done. The builder didn't supervise his contractors. Things had to be done and redone several times (like wiring, flooring, etc.). Then he went bankrupt and a bank took over the project. Last year word was that work would begin on the second building once the first was completely sold. The third would follow after everything in the second was sold, etc. Apparently the first building isn't completely sold, ergo the rest of the property sits. The properties surrounding - homes and other developments alike, all suffer. Several homes in the slough have been sold over the last year and more are for sale. It used to be a really nice slough, with the LM Chapel at the heart of it, so we just have to hope things will improve.