Nordlund News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Nordlund. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Nordlund Today - Breaking & Trending Today

CNN CNN Newsroom Live June 4, 2024 07:48:00

Concrete deterioration, and if left untreated, small problems can develop into major issues over a relatively short amount of time. the amount of deterioration that we saw at champlain towers south made me wonder how much of that was visible 5, 10, 15, or 20 years ago. reporter: robert nord lund, the ceo of association reserves, which prepared the budget report for the condo association, says a gap in funds is not unheard of. about 3 out of 10 associations across the country in a weak financial state with respect to reserves. reporter: the champlain towers south association was projected to have a little over $706,000 in its reserves as of january 2021 according to the report, while association reserves recommends its stockpile nearly $10.3 million to account for necessary repairs. just 6.9% of the funds it should have had. nordlund says he believed his company s report was a wake-up call for the condo board, spurring the assessment ....

Champlain Towers South , Concrete Deterioration , Budget Report , Association Reserves , Robert Nord Lund , Condo Association , Champlain Towers South Association , January 2021 , Wake Up Call , Condo Board , 210 3 Million , 6 9 , 210 3 Million ,