Welcome!  We are having a great season so far at Park Shore.  We’ve enjoyed seeing so many of you during your winter visits.  We’ve been busy here making improvements, and hope you found the property to be looking its best!

The board continues with its efforts to obtain wind insurance at a reasonable price.  We hope to have a new insurance package by April 1^st.  The Board of Directors will be meeting March 14, 2007 to discuss this important issue. 

We have been focusing our attention on landscaping with great results!  Much planting for color has been done, with special attention to the areas in back of the lobby.  Hundreds of impatiens in shades of pink, purple, coral and white have been planted and the area is very colorful and lovely! Throughout the property, we will continue to expand the areas of seasonal color with flowering shrubs and more impatiens.  Look for the areas near 101-106 and 150-153 to be getting special attention.  Aquatic plants for the lake are now in place.  The selection of flowering plants includes pickerel weed, blue flowering iris, yellow cannas and yellow water lilies.  In addition to providing color, these plants are helpful in improving the clarity of the lake water.   Lake water levels have been low, but several recent storms are helping them to recover. 

Improvements for the gazebo area are ongoing—the grills will be replaced soon and the bar and work station near the grills will be covered with tile.  These improvements, along with the new furniture purchased from last year will combine to greatly enhance the gazebo area.

Painting continues around the property.  In addition to the interior painting of the rental units, we are touching up the walkways where needed and resurfacing the stairwells with anti-slip paint. 

If you haven’t visited us in a while,  there are new signs going up around the property.  Colorful Park Shore Resort /Island Pub posters are now in all the elevators and sandblasted directional signs  have been placed throughout .

Our January revenue exceeded budget and we expect our first quarter’s total revenue to exceed last year’s. 

Our current refurbishment projects are on schedule. The painting of interior units is ongoing.   The new in - room safes have been installed and feedback from our guests has been very favorable.  Lanai carpet has arrived and the installation will be complete by April’s end.

Summary  

Spring is a great time to visit Park Shore and enjoy the improvements we have made. Our hard work is producing great results! As always, please don’t hesitate to contact us with any thoughts, suggestions or concerns.  We look forward to seeing you on your next visit!