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Dear Fellow Owners,

As we move quickly into the fall, I hope your summer went well and this letter finds everyone in good health and happy we will soon have cooler weather!

Annual AMR Board Elections:

Our annual elections are coming up in about a month and we are looking for anyone who might want to run for the board to submit their profile so they can be included in the upcoming election.

Please use the profile submission document you will find by clicking here or on our owner’s website. Three positions are opening up and each is for a two-year term. If you are interested in running for the board and would like to ask questions about the workload, feel free to contact me. Please submit your profile directly to Claudine Grondin, whose email address is at the bottom of the submission form. To be considered, your form must be received by October 13, 2023.

As always, any member of the Board is available to address any queries or concerns you may have.

Best,

Al Kenney                                                                                                                                                                   
President, The Aspen Mountain Residences HOA Board
860-354-7979
al@bluewaterfractionals.com

Board Members and Owner Director Contact Information:

Joe Ferguson – jferguson@rjrcapital.com

Tim Hall – timhl9999@gmail.com

Tom Kaplan – tkaplan@kkladvisors.com

Peter Wells – petercwells@yahoo.com

Bruce Clay – bjc2115@gmail.com

Trust – Appointed Member to the Board:

Jami Champagne – Jami.Champagne@vacationclub.com

Dear Fellow Owners,

I hope your summer has been going well and this letter finds everyone in good health and high spirits. I would like to update everyone on a few of the things happening at the property.

Hot Tub
The hot tub closest to the road has a leak and is currently out of order. We brought in a professional team to perform repairs, however, the issue is more extensive than originally thought. To avoid construction disruption during the busy summer months, repairs have now been rescheduled for the fall. For safety reasons, I just want to remind everyone of our most important hot tub rules concerning children.

Children age 6 and under are not permitted in the hot tub

Children age 7 to 12
• Allowed if they meet the minimum height requirement*
• Not wearing diapers
• Accompanied by an adult at all times
• May not exceed one 15-minute cycle

Children under 10
• Allowed if they meet the minimum height requirement* 
• Must avoid full body immersion in the hot tub: they should sit with at least half of their body out of the hot water at all times

*No child can use a hot tub until they are tall enough to have their head completely above water when they’re standing on the bottom of the deepest point of the tub.

Visit our New Pizza Bar
We are currently trying a different concept for our bar area. It’s more of an owner-centric setting with the hope of getting owners and their guests to the area for conversation, food, and drinks at some of the most reasonable prices in Aspen. We have a full bar serving wine, beer, and mixed beverages, and new pizza ovens for hand-crafted pizzas. We hope you give it a try soon!   

Weekly Owner Activities:
Susan and team have been working on ways to get our owners together to socialize and have fun. They have expanded the list of complimentary summer activities for owners and immediate family, and are available to guests for a fee.

• Historical downtown walking tour with The Aspen Historical Society
• Stand Up Paddle Board or tube float through North Star Nature Preserve with Aspen Adventure Company
• Tour of world-famous Smuggler Mine
• Private E-bike tour to Maroon Bells hosted by Susan

Program Use of Elite Alliance Exchange 
Owners using EA for exchange has continued to increase since last summer.

• 137 weeks have been deposited for points
• 48 vacations have been taken to 37 locations including Italy, Mexico & Bermuda
• 10% of our owners have used the program
• Some of our owners have even used the program to get more time here in Aspen!

If you have extra time in Aspen you will not be using, you may want to consider depositing it in EA instead of trying to rent it. If you do so the points you receive will be good to use for up to two years. 

Finance Committee Needs New Members
As we approach our planning season and continue working on our long-term strategy, we recognize the need for one or two qualified owners to help take over the financing/treasury work. Specific candidate credentials include:

• Experience in managing low-risk investments like US Treasuries and CDs.
• Understanding cash flow forecasting mainly related to property upgrades & projects.
• Ability to work collaboratively with East West Hospitality’s controller and/or finance team to develop budgets and monitor budget performance. Also stay in touch with insurance, receivables collection, bad debt expense, etc.
• Present regular updates to fellow Board members regarding the operating performance of the property, along with potential property issues relating to operations or capital expenditures.
• Think collaboratively with the Board on any and all issues relating to future project operations that might involve positive or negative financial variance risk.
• Liaise regularly with the property GM and other on-site property management to understand variances and potential risks.
• Work with East West Hospitality and management, help the Board “size” our annual assessment to ensure that there is adequate cash on hand to run the business, and ensure that the resources accumulating in the Reserve Fund sufficiently align with the most recent (June 2023) Reserve Study to finance our future.

If you have both an interest in joining the committee and the related experience we are looking for, please reach out and let me know. 

As always, any member of the Board is available to address any queries or concerns you may have.

Best,

Al Kenney                                                                                                                                                                   
President, The Aspen Mountain Residences HOA Board
860-354-7979
al@bluewaterfractionals.com

Board Members and Owner Director Contact Information:

Joe Ferguson – jferguson@rjrcapital.com

Tim Hall – timhl9999@gmail.com

Tom Kaplan – tkaplan@kkladvisors.com

Peter Wells – petercwells@yahoo.com

Bruce Clay – bjc2115@gmail.com

Trust – Appointed Member to the Board:

Jami Champagne – Jami.Champagne@vacationclub.com

Dear Fellow Owners,

I hope this letter finds all of you well. I wanted to give you an update on our property:

Remembering Ralph Lombardi:
Our heartfelt condolences go out to Ralph’s wife Gail and his family. Ralph passed away in December. He grew up in Vallejo California. After graduating from law school, he joined the U.S. Air Force Reserve and served as an officer in the Judge Advocate General Corps. He was later sent to Vietnam. Upon his return, he began practicing law and had a long career spending 46 years as a trial lawyer and mediator. His peers remember him for his honesty, humanity, warmth, and integrity, all of which made him an excellent trial lawyer, mediator & family man. Ralph, was one of our long-term owners and was a member of, and a great help to, our legal committee. His many contributions will be remembered.

Litigation/Arbitration:
We have been assigned dates for our arbitration with our former attorneys for our hearing October 30 – November 3, 2023, with the decision entered by December 8, 2023. Our lawsuit against our former president will take place after that date.

Legal Committee:
We are currently looking for another member for our legal committee. You must be or have been an attorney, have a litigation & arbitration background, and have ample time to review legal documents as we make our way through the arbitration process. If you have this background and the time to serve on our legal committee this year, please reach out to me via email and send me your background. The legal committee will review all submissions and make the selection in the next few weeks.  

2024 Float Time Selection Process:
The documents including instructions for submission of your float weeks for 2024 were sent earlier this week via email. Completed priority sheets should be sent back via email to the East West Hospitality reservations dept at AspenRes@eastwest.com or Fax: 970-393-5016 By Jan 31, 2023

Owners WILL NOT receive an email response that their sheet has been received. Rather, an email will be sent the first week of February ONLY if your form was NOT received. The East West Hospitality Owner Relations Department will make the float week selections according to your priority numbers beginning in February.

You will be notified of your completed reservations by email in mid to late February.

Add Multiple Numbers to our Owner Texting List:
If you want to keep informed and ensure you always receive our correspondence, please contact East West Hospitality Reservations at AspenRes@eastwest.com to add one or more cell numbers so we can add you to our texting list. Make sure you let them know what unit number the phone number is associated with. This list is only used by the board and East West Hospitality to notify you of the important information you should know. 

On behalf of your board,

Al Kenney
President
The Aspen Mountain Residences
860-354-7979

Board Members and Owner Director Contact Information

Joe Ferguson – jferguson@rjrcapital.com 

Tim Hall – timhl9999@gmail.com 

Al Kenney – al@bluewaterfractionals.com

Thomas Kaplan – tkaplan@kkladvisors.com

Peter Wells – petercwells@yahoo.com

Bruce Clay – bjc2115@gmail.com 

Jami  Champagne (HPC Contractual Appointed Member of the Board)

 

Notice is hereby given pursuant to Section 3.4 of the Bylaws of Association of a  meeting of the Executive Board to be held both at The Aspen Mountain Residences Business center and via Zoom teleconference on Tuesday, Jan 17, 2023, at 11:00 AM Eastern Standard Time.

The proposed agenda for the meeting is as follows:

  1. Approval of the 11-14-22 meeting minutes
  2. Upcoming float selection process and timing
  3. Automating the process of updating the owner list, voting docs, and rotational float selection
  4. Update on lobby re-design
  5. Update on transfer of commercial units
  6. Discussion on two opportunities for the ski shop for May 2023 start
  7. Owner questions

Owners are welcome to attend the meetings provided:

  • You notify me at least 5 days prior to the meeting;
  • You submit any questions you may have at that time; and
  • If you wish to address the board, you will be given up to 3 minutes to do so.

I will then send you the Zoom meeting information.

If you have any questions, please contact me.

Al Kenney

al@bluewaterfractionals.com
860-354-7979
President
The Aspen Mountain Residences Condo Association, Inc

Dear Fellow Owners,

I hope this letter finds all of you well. As we go into our prime winter season, I wanted to give you the final update of the year on our property:

Board Election Results:

Our election is complete. You might remember we did three new things this year:

  1. We increased the terms for directors to 2 years
  2. We staggered the board timing so there will only be three open positions each year
  3. For this the transition year the board members with the top three number of votes get two-year terms and the remaining three directors will receive one-year terms

The results of this year’s election are as follows: 

Elected for a two-year term:

  • Al Kenney
  • Joe Ferguson
  • Tom Kaplan

Elected for one-year term:

  • Tim Hall
  • Peter Wells
  • Bruce Clay

Thanks to everyone who ran for the board and were prepared to volunteer their time to our owners and the property.

2024 Float Time Selection Process:

Our Float process for 2024 will take place in mid to late January. Week selection forms will be distributed the second week of January, and you will have two weeks to complete and return your form. The East West Hospitality Owner Relations Department will make the selections according to your priority numbers beginning in February. You will be notified of your completed reservations by email in mid-February. Please keep an eye out for detailed instructions in January.  

Billing for 2023 Maintenance have been Sent Out:

Bills for 2023 maintenance were sent out on December 2, 2022 and are due on Jan 1, 2023

  • An automated Vantaca Owner Portal Login was generated for each homeowner to enable their access to the new owner portal.
  • In addition to the 2023 TAMR Assessment Owner billing statements, all homeowners were sent a letter providing additional breakdown of assessment and payment options; the 2023 Approved budget and HOA Collections policy; and the Board letter explaining the increase of assessments.
  • If you have not received this information, please contact the East West Hospitality reservations team at aspenres@eastwest.com or 833.393.0981.

No Pets – Policy Enforcement:

Just a reminder that the board is working with the East West Hospitality management team to ensure that our “no pets” policy is strictly enforced.  As of now the only animals which will be allowed on the property will be legitimate trained service animals.  

  • When an owner’s disability is not readily apparent, the association will furnish a form to the owner requesting that the owner’s physician verify that the animal is a “service animal” before the animal will be allowed to stay at the property.  This form will be referred to as the “service animal ownership form.”
  • Service animals must remain with their owners at all times when they are on-site at TAMR.  They cannot be left alone in the room at any time during the time the owners stay at our property.
  • Emotional support animals are not service animals and are not allowed on property.
  • Please keep in mind:
    • The people responsible for enforcement of our no pets’ rule are our employees, and it is important that you keep in mind that they have no choice in the matter. Please do not cause a difficult or unpleasant situation by bringing your pet which is not a service animal to the property.
    • Should you arrive at the property with a pet that is not a service animal, you will not be allowed to check in unless the pet is boarded. The nearby Aspen Animal Shelter is available for boarding your pet.

Our Lobby Remodel Has Started!

If you are on property this week you may have noticed we are underway on our property renovation. The lobby is sporting a new coat of paint, red cloth panels are being replaced. Unfortunately, the global shipping issue has made it impossible to get the key items we need so you will be seeing new things throughout the winter. Keep your eye out for our rendition board and updated lobby decor. 

Litigation/Arbitration:

There are no new developments to report in our litigation with our former attorneys as we wait for the arbitration to be scheduled later next year.

Add Multiple Numbers to our Owner Texting List:

If you want to keep informed and ensure you always receive our correspondence, please contact East West Hospitality reservations at AspenRes@eastwest.com to add one or more cell numbers so we can add you to our texting list. Make sure you let them know what unit number the phone number is associated with. This list is only used by the board and East West Hospitality to notify you of important information you should know.  

Happy Holidays!

On behalf of your board, we want to wish you all a very happy holiday season! We look forward to a wonderful 2023!

Al Kenney

al@bluewaterfractionals.com
860-354-7979

President

The Aspen Mountain Residences Condo Association, Inc

Board Members and Owner Director Contact Information

Joe Ferguson – jferguson@rjrcapital.com

Tim Hall – timhl9999@gmail.com 

Al Kenney – al@bluewaterfractionals.com

Thomas Kaplan – tkaplan@kkladvisors.com

Peter Wells – petercwells@yahoo.com

Bruce Clay – bjc2115@gmail.com 

Jami  Champagne (HPC Contractual Appointed Member of the Board)


I hope this letter finds all of you well. I wanted to give you a few important updates on our budget and assessments for 2023: As you know, the owners of The Aspen Mountain Residences voted to change management companies in 2022 in order to improve the day-to-day management and upgrade both the service and quality of our property.  Effective December 15, 2021, East West Hospitality took over the management of TAMR.  As conveyed to owners by our previous Board, East West Hospitality would bring a more local and hands-on management style to our property and also offer a reduction in the annual management fee, a win-win for owners.  These changes have been very favorable overall for our property, but the year has also brought unforeseen challenges that have negatively affected our cost structure.  As a result, in spite of the favorable benefits of a new management company, we are forced to request a significant increase in the assessment for owners for 2023. Part of this is special assessments which we do not anticipate will be recurring.  Let me walk you through the issues that have attributed to the unexpected negative variance this year. Extremely tight labor market – In preparing the 2022 budget in October 2021, the Board was unable to foresee the difficult labor market which emerged as COVID restrictions eased and demand for services began to escalate sharply.  As I’m sure you have seen, inflation has been running at the highest level in 50 years, and this has become most pronounced in the services sector, especially in hospitality and leisure.  Wages have been under extreme pressure throughout the Aspen/Snowmass area, as service workers have been and remain in short supply.  As with most luxury properties in Aspen, we have had to fight to keep our staff. This has resulted in significantly higher-than-expected expenditures for staff salaries including front desk, bellmen, housekeeping, maintenance personnel, and concierge
 Frequency of housekeeping services – In preparing the 2022 budget last year, housekeeping was assumed to continue on an every-other-day basis through 2022.  Recall that during the economic shutdown of 2Q 2020, all housekeepers were let go, and then housekeeping services were slowly reinstated as the economy began to reopen.  Naturally, we were not the only luxury property in Aspen looking for housekeepers, which were in short supply and have remained so to this day.  Due to the difficulties in finding housekeeping staff and because of escalating wage costs, the prior management company and prior Board budgeted three day/week services for 2022.  However, as pandemic restrictions slowly lifted and occupancy began to improve, it became apparent we would need to offer full-time hours to our housekeepers or lose them to other properties. At the same time, feedback was suggesting that owners expected regular housekeeping services when they were on-site.  Therefore, we reinstituted daily housekeeping services starting in January 2022, even though the budget was set for every-other-day housekeeping services throughout 2022. 
 Maintenance projects – Following the transition to East West Hospitality, we found some essential maintenance projects that needed to be performed which had to be undertaken or brought forward.  For example, we had to purchase two new vans this fall which were not in the budget until 2024 in order to ensure that we could provide the requisite transportation services to owners during the approaching ski season. We also had to undertake some critical infrastructure investment to address the plumbing in the building, which should have been done annually but in fact, had never been done. We have adequate money in the Reserve Fund (currently $9.9 million) to take care of budgeted projects in the coming years, including an extensive remodeling of the lobby beginning shortly and room upgrades/refurbishments which will occur in 2023 and 2024.
 Deficits in 2021 and 2022 –  Through 2019, the property had very modest deficits or surpluses each year.  Naturally, COVID ended this, initially creating a surplus in 2020 followed by two years of deficits as occupancy picked back up.  During the onset of COVID, management quickly cut costs to reflect the realities of the darkest days of the pandemic, resulting in a budget surplus for 2020.  However, like most businesses, management could not fully anticipate the rapid increase in the desire to travel once COVID restrictions were lifted.

This uplift meant we had to bring back staff faster than anticipated in the 2021 budget, causing operating costs to be higher than budgeted that year.  At the same time, our assessments decreased by -10.6% Year over Year (YoY) in 2021 following the pandemic, meaning revenues were also lower.  This resulted in a cost overrun in 2021 of approximately $877,000. Netting this amount against a surplus of $350,000 in 2020 left us with a deficit at the end of 2021 of $527,000, a figure that came into focus as the transition to East West Hospitality was occurring. 

Unfortunately, the cost pressures have only worsened this year, which no one could have anticipated in the 2022 budget.  As a result, we forecast that we will end the year with another deficit of circa $419,000, bringing the total two-year net deficit to $946,000.  The total of these deficits will be covered in the 2023 assessment, and the Board considers this a one-off adjustment that should not occur beyond this year. 
 Refurbishment costs – As mentioned earlier, we will be starting the refurbishment of the lobby next month, and the upgrade/refurbishment of the rooms in the fall of 2023, which will extend through 2024.  Although we have built a project reserve fund which is now over $9.9 million as of 10-20-22, the combination of inflation and supply-chain disruptions will likely mean that the prices for the refurbishment will be higher than budgeted two years ago.  In addition, we need to ensure that there are adequate funds in reserve for ongoing capital and project maintenance expenses that occur year-to-year.  For this reason, the amount of the assessment being earmarked to the reserve fund in 2023 will increase by $180,000 (between $68 and $268 per fraction depending on the size of the unit) compared to the amount set aside in 2022 budget.
 Legal fee reserve – As you know, the HOA is disputing the excessive legal fees that were charged by our former counsel in conjunction with the legal suit against Hyatt, which was ultimately settled out-of-court.  The Board has agreed to enter into a definitive settlement through mediation/arbitration with our former legal counsel, and we expect this to be resolved during the summer of 2023.  The fees being charged by the legal firm far exceed the rather modest value we obtained in the termination of the management contract with Hyatt.  Nonetheless, we believe it is prudent to set aside a legal reserve of $750,000 at this time to help cover any settlement.
None of this is good news as far as your annual fees go. It is important that owners understand that the increase in assessments has probably been managed at too low a level over many years.  Since 2015, assessments have only increased 8.8%, or on average, 1.2% per/annum.  For the same period of time, inflation in the area has increased by more than +28.6% or 3.6% on average, according to the Denver-Aurora-Lakewood Consumer Price Index report published by the US Bureau of Statistics. The chart below shows the trajectory of assessments for a 3BR unit since 2013.
We are requesting an increase in the assessment this year of 26% on our operating and reserve funds (compared to last year), excluding the legal reserve fund and the recovery of operating deficits from 2021 and 2022.    The table below breaks down the property-level assessment for forecast 2022 vs budget 2023, before and after the special one-off charges.  It also depicts the legal reserve fund, project reserve fund and evolution of the deficits (2021 and 2022) and deficit recovery for 2023.
Based on recent feedback, the Board believes that other properties in the Aspen area will likely experience substantial increases in their annual assessments this year, too, in the range of at least 18% to 20% versus 2022.  Unfortunately, we as owners have no recourse as far as rising inflation, severe labor shortages, and increases in costs related to the supply chain and similar COVID-legacy issues.  If you review the forecast for this year versus the 2022 budget line-by-line, you will see that we were on target with the vast majority of expenses.  It was only labor costs that were excessively high and unfortunately out of our control.  It “is what it is”, and there is no way around any property having to absorb these costs. The Board believes that this round of assessments will put the property on firm footing to achieve the objectives we have ahead of delivering a high-quality product with excellent services, as well as undertaking an overdue and needed refurbishment of the common areas and the rooms.  It should also go without saying the Board, working alongside local management, will continue to focus on a combination of other revenue streams and cost efficiencies to further enhance the value of our property.  Our objective – like yours – it to have the prices of our fractional units (and rentals) continue to escalate.

Dear Fellow Owners,

I hope this letter finds all of you well. I wanted to give you a few important updates:

2023 Board of Directors Election:

While updating our governance documents, we added another owner-director position to the board for a total of six owner-directors plus the trust-appointed member for a total of seven board members. Our current one-year board of directors’ terms did not provide our owners with sufficient leadership stability. The recently adopted Amended and Restated Bylaws now contain two-year terms which will be staggered to avoid a complete owner-director board changing over each and every year. 

This year is the transition year. The top three vote-getters for the board will serve two-year terms, and the bottom three, one-year terms. Next year at this time we will have three open positions and each director will be running for a two-year term.  

The dates for the election of the BOD are as follows:

  • Start election – Sunday 10/23/22
  • End election – Saturday 11/12/22

Election instructions:

On 10/23/22 you will receive an email from invitations@mail.electionbuddy.com with your credentials and instructions on how to cast your votes for the respective candidates. You will also find information on the annual meeting agenda, last year’s meeting notes, and next year’s budget via links.  Please go to your email system and enter the above email address as an allowable email (safe sender), so it does not get caught in your spam filter. We will also send out a version of the credentials and a reminder via text. If you have not given East West Hospitality reservations your cell number yet, please do so to be added to our owner texting list.  

This year there are seven candidates running for the six open positions. You will be given six votes which you can cast for the candidates EACH VOTE YOU CAST WILL COUNT FOR ALL THE UNITS YOU OWN. So, if you own three units and you cast a vote for six candidates, each of your votes will count as three votes for each candidate.     

2022 Annual Meeting Date: 

Our annual meeting will be held in Aspen and via zoom on November 14th. 2022 at 11am MST / 1pm EST. If you wish to join the meeting, please use this zoom link:

https://us02web.zoom.us/j/87864005273pwd=K0Fib3pQTllpemEwWEMzT2ZHMHhvdz09

Meeting ID: 878 6400 5273

Passcode: 525114

The results of the election will be announced at the meeting.  If you wish to speak at the meeting, you must indicate so at the time of signing in for the meeting, or by emailing me in advance. Once confirmed you will be given a maximum of 3 minutes to speak. 

Dear Fellow Owners,

I hope this letter finds all of you well. 

The results of the recent survey among owners regarding our pet policy ended on October 3rd, and the results were as follows:

  • 276 of 456 total owners responded to the survey or 60.5%
  • 52% of the owners that responded own a pet, and 48% do not
  • 66.7% of owners that responded voted to keep our existing “no pets” policy in place, and 33.3% of owners voted to consider a formal vote to overturn the current rule

Given the results, the Board will work with the management team to ensure that our existing “no pets” policy – which has been subject to some abuse – is more strictly enforced.  This enforcement will begin immediately, meaning that the only animals which will be allowed on the property will be legitimate licensed service animals.  This means the following:

  • If an owner whose disability is not readily apparent requests to bring a service dog onto the premises, the association will provide a form to that owner which must be completed and signed by the owner’s physician verifying that the animal is a “service animal” before the animal will be allowed to stay at the property.
  • The service dog must be licensed and have a tag. If the dog has not been previously licensed, the owner must present documentation that the dog has been appropriately trained as a service dog and for what tasks.
  • Service animals must remain with their owners at all times that they are on-site at TAMR.  They cannot be left alone in the room at any time during the time the owner’s stay at our property.
  • Service animals should not bark or interact with other owners.
  • No aggressive behavior towards any guest or employee.
  • Emotional support animals are not service animals and will not be allowed on the property.

In addition, the owner must advise TAMR Reservations of the service animal at the time of the booking and must reconfirm at least 14 days before check-in. The existing rule enforcement will go into effect on November 5th. Anyone bringing their dog before then will still be subject to a $750 cleaning and disinfecting fee. 

The people responsible for enforcement of our pets’ rule are our employees, and it is important to understand that they do not set the rules. Accordingly, please do not cause a difficult or unpleasant situation by bringing your pet which is not a service animal to the property.  Should you arrive at the property with a pet without the proper paperwork already completed for a properly licensed service animal, you will not be allowed to check-in.  The front desk will have a list of kennels where you can board your dog during your stay. Owners that are found to be in breach of the no-pet policy will face a $1,000 infraction fine, a $750 cleaning fee, and immediate revocation of their reservation.  

Please note that misrepresenting a service animal in the state of Colorado is Illegal.  The law (House Bill 16-1426) criminalizes the intentional misrepresentation by individuals of assistance and service animals, making such misrepresentation a class 2 petty offense.

I ask any pet owner who is disappointed in the survey results to remember the Board is here to enforce the rules which have been agreed to by the majority of our owners.  In the case of the no-pets policy, these rules have been in place since the property’s inception.  

Owners –­ many of whom probably have pets – requested that the current rule be reconsidered, and the Board complied by undertaking the recent survey to gauge whether or not there was sufficient interest by the majority of owners to reconsider the existing pet policy.  The survey indicated that a 2/3 majority of owners did not wish to consider moving further on this issue at this time, so changes to the existing pet policy will not be brought to a formal vote.  Owners made this decision, not management or the Board, although it is the joint responsibility of management and the Board to ensure that the long-standing no pets’ rule of the property is more stringently enforced. 

Here is the link to the form which will need to be filled out and presented 14 days prior to arrival so the information can be verified: Verification of Disability

Dear Fellow Owners,

I hope this letter finds all of you well. I wanted to give you a few important updates:

Allan Sheres Has Resigned from the Board:

Allan Sheres resigned from the Board on September 23rd.  Unfortunately, Allan felt that he did not have the time to continue to dedicate to this position. The Board wants to thank Allan for almost three years of dedicated service on the Board, during which the Board oversaw the rather complicated separation from Marriott and transition to our current management company, East West Hospitality.  

Tom Kaplan Appointed to the Board:

The Board voted [unanimously] to appoint owner Tom Kaplan to replace Allan for the remainder of the 2022 term. Tom has been on the Marketing Committee and has very relevant professional and board experience.  He was a past president, vice president, and board member of Addison Reserve Country Club in Delray Beach, Florida and co-founded a marketing firm that represented over 200 clients primarily in the real estate, club and hospitality industries. Tom sold that business and has since transitioned to the financial services industry.

2023 Board of Directors:

If you are interested in running for the 2023 Board the deadline to submit your credentials is October 12th. All board positions are open for re-election, and we are also adding another owner-director spot for the 2023 term. 

Our New Vans Are In! 

Our two new transportation vans have finally arrived after a 10-month delay. Each has 4-wheel drive to make things easier to get back and forth from the ski areas in those snowy times. I would like to extend a special thanks to Allan Sheres who dealt with the dealers and got the vans to us before this year’s ski season.  The vans are now being measured for and will be logoed for The Aspen Mountain Residences. 

Follow us on Facebook and Instagram:

See photos, what’s new, and happening at The Aspen and around town!

Dear Fellow Owners,

It seems that change is a constant in these post-pandemic times, it comes with the territory. After 16 spectacular years of service, Roger Haneman has decided to pursue other opportunities in the Roaring Fork Valley.

Roger has been a fixture at our property and perhaps, more importantly, a “fixer” as well. He was always on the owner’s side, helping to get the right room or a room at all when we found ourselves in a pinch. His can-do attitude and willingness to help in any regard was a standout feature for all these many years. He literally knew every room, every studio, and seemingly every owner and could make things happen almost as if by magic. He helped make the TAMR experience what we know and love today.

The Board is presenting Roger with both a sentimental gift and a significant monetary gift on behalf of East West Hospitality and the owners. Roger has graciously provided us with his mailing address if you might like to separately send him a personal note or token of appreciation.

Roger Haneman

P.O. Box 454

Woody Creek, CO 81656

Susan is working hard toward finding Roger’s replacement and hopes to have an announcement soon.

On behalf of the Board, East West Hospitality, and the entire owner community we wish Roger the best of luck and many successes in his future endeavors.