Sunday, March 28, 2010

Should We Be Contacting Pat Campagna

Pat Campagna is the mortgagee on record who took control over 1010 Dundas St. E. in December 2009 for a default on the mortgage by 2074359 Ontario Ltd and he brought in Appledale Property Management.  It appears from a tenants perspective that there is really no meaningful progress to effect the necessary electrical repairs on the property.  How long until enough is enough and we get someone in charge of this property who will effect the necessary repairs?  Tomorrow marks one week since the poles were delivered and they are still sitting right where they were delivered.  The ESA inspector told me before the disconnection don't worry they still have 4 days and that was just before the weekend.  I took that to mean that electrical repairs could be done over a weekend and here we are nearing the end of the second weekend and I still do not see any significant work done.  It appears that there may be a delay, in anticipation of the monthly rental collections but please be aware that the majority of the rents are not due until the first and that the normal office hours are Mondays from 3-6.  According to my calendar Monday is only the 29th day of March and therefore rent will not be paid on Monday.  Does this mean that we have to listen to the generator for at least 4-5 more days?  If the operation of the park on the generator is indeed $7500 per day and we have to wait another 4 days on top of the 4 days that we have already waited, the cost of the generator will be nearing $60,000.

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