One last probe if I may..when you say DBC TS owners were left with nothing does that mean the resort is not operational? Ghost town? Just a bit confused by this. There are several 3bd units on resale market I wonder what they are selling?
Happy New Year to all.
V
Tv,
You are very welcome.....it's always a pleasure to answer questions regarding my favorite island, and I'm sure others feel the same way.
I want to clarify my Dawn Beach Resort comments.
When I speak of the Dawn Beach Club and/or the Dawn Beach Resort, I am referring to the one that was originally built and in existence in the 70s and 80s until it was totally destroyed by a major hurricane many years ago (don't recall with certainty but I'm thinking in '95?) and my references have nothing whatsoever to do with any properties being marketed under those names today. And when I reference the insurance monies, in whatever form - whether those paid by unit owners to the management/developer in the form of AMF payments or monies that may or may not have been paid out after the ultimate destruction of this place by the insurance company - I am only making comments regarding that same original Dawn Beach Resort.
Anything that's marketed today under that same or similar name has nothing to do with the original property I was speaking about.
Over all these many years I have heard countless different accounts from many different sources (who may or may not have known what they were talking about) as to what actually happened to any of those insurance monies, but the bottom line for those who owned there at the time was they ended up with nothing - no yearly vacation home to enjoy; no refund of any monies they laid out to buy there; and no portion of any possible insurance pay-outs, assuming there may have been insurance and if damage pay-outs were actually made.
Personally speaking, I'm inclined to think the insurance monies were paid by the owners one way or the other but "someone" neglected to actually use those monies for the insurance purchase and those same monies probably ended up in "someone's" off shore account while "someone" lived happily ever after. I can sometimes be such a Negative Nancy!! <img src="http://www.traveltalkonline.com/forums/images/graemlins/handshake.gif" alt="" /> <img src="http://www.traveltalkonline.com/forums/images/graemlins/handshake.gif" alt="" />
