Case Studies, Pendrell Place: Susan Carriere Raids Contingency Reserve Fund

1998 July 14
Kautzman gets $10,000


Susan Carriere instructed Sharon Dewar, Property Manager, Vancap Real Estate Management (Vancap) to pay $10,000 from the Contingency Reserve Fund (CRF) to Mr. [Randy] Kautzman "for new decks and future projects". (See invoice.) The "decks" were actually the ground floor patios of Council Member Barbara Coleman, Council Member Beverly Lewis, and Mr. Ilpo Halva.

This expenditure completely depleted the CRF and, given that there is no evidence that the expenditure was authorized in accordance with the Condominium Act, it appears to have been unlawful.