We got dirty laundry.

Our laundry contract with Fowler expired in April, and some of you are probably wondering where the heck are the new machines? The minutes posted for the month of March says the board approved Coinmach as our new vendor, but before we signed the contract there was an interesting development. Hercules came back with a better offer. Since we had no legal obligation to Coinmach we felt we should consider it. Lo and behold Coinmach came back with an even better offer. They gave us an additional $60,000. plus we will get to keep the washers, dryers, card readers, and accessories when the contract expires. At that point we could sell them or we would just pay for a service contract. This means we could nearly double our monthly income for a minimum of 2 more years. Currently LG residential washers come with a 10 year warranty, so with proper maintenance the commercial model should fare just as well. David Baron said he has never seen a deal this good in his many years of managing properties. There will be a period of about a week where no laundry can be done as the rooms will undergo electrical and asthetic renovations. In all liklihood they will be up and running in June. Keep your shirts on a little longer you will be pleasantly surprised, and not reported to the local authorities.

No more dirty laundry