Orlando Sentinel: Arrested developer resigns from Bimini Bay HOA

By Mary Shanklin  posted – July 1, 2013

Beleaguered homeowner-association president David Meadows, who has been arrested twice for stealing from his half-built community’s HOA, has resigned just as a new state law was about to force him out. The real estate developer had long presided over Bimini Bay, a town-home community in Davenport, even though he was arrested last year and again this year on charges including fraud, grand larceny and theft related to the community association. Following his arrests, he continued to control the association’s accounts, and many owners of units in the town-home development continued to pay their $150 monthly fees.

“He resigned pursuant to a state law that mandated he could no longer serve,” Winter Park lawyer Howard Speigel, who has represented Meadows, said Monday afternoon.  Read more:

http://www.orlandosentinel.com/business/os-hoa-law-bimini-bay-20130701,0,1606219.story