On a day former Success Village board leader Ty Bird tried once again to rationalize the mess he helped create, at an informal news conference with chants of “Bye, bye birdie,” it was disclosed the co-op has more than $1 million in a Milford bank not previously shared with the court that appointed a receiver to oversee the fix for heat and hot water.
From Dan Tepfer, CT Post:
Success Village may have much more money in the bank than previously thought after a court disclosure Tuesday that the housing complex has more than $1 million in a Milford bank.
The cooperative had previously been thought to have less than $4,000.
“I want to know how this money got there,” said Barry Knott, who was recently appointed by a judge to take over the 924-unit co-op’s finances. “I’ve never heard of it before.”
According to prior court testimony, Tyreke Bird, as president of the co-op board had access to the co-op’s bank accounts, was one of only two people who could access the complex’s accounts. Reached Tuesday afternoon he declined to comment on the money’s discovery.
“I haven’t looked at those accounts in a long time,” he said. “I can’t comment on finances, Barry Knott is now responsible for finances. You should ask him.”
Full story here
