BRADENTON BEACH – The owners of Pines Trailer Park, Pines Park Investors LLC (PPI), released a statement about their settlement agreement with the park homeowner’s association.
While the settlement terms are confidential, the statement indicates that Pines Park residents will be allowed to remain at the park for an undisclosed time period.
A lawsuit filed on March 28 in part to stop evictions and park closure by the Pines Park Homeowners Association against PPI was dismissed on Aug. 8 pursuant to the confidential settlement agreement.
Pines residents have said they are unable to disclose settlement terms or the tentative park closure date.
Twenty-six Pines homeowners at the 86-unit park were evicted for non-payment of lot rental fees following the 2024 hurricanes while others turned over title to their mobile homes to park ownership to avoid eviction. Legal notices declaring writs of possession remain taped to doors throughout the park.
Many of those who withheld lot rental payments said they did so based on the disrepair of the park amenities and common areas following the hurricanes.
During the week of Aug. 25, however, sources have told The Sun that the Pines clubhouse is being cleaned for the first time since the 2024 hurricanes nearly a year ago.
The PPI statement was emailed to The Sun by its representative Sam Negrin and reads as follows: “Pines Park investors LLC (PPI LLC) is happy to announce that a settlement agreement has been reached between PPI LLC and the Pines Trailer Park Homeowners Association. While complete details of the settlement are confidential, PPI LLC can confirm Pines Park residents will be allowed to remain residing at the park for an agreed-upon period of time.
“After suffering extensive damage from 2024’s back-to-back hurricanes, PPI LLC, like many other nearby businesses, has lost its ability to generate enough revenue to operate as a trailer park. The mutually agreed upon extension of time granted by PPI LLC will unfortunately result in significant time and financial losses to PPI LLC, but a settlement with Pines Trailer Park Homeowners Association was in the best interest of all parties involved.
“PPI LLC is saddened by this situation that the storms created for all involved parties, but we are moving forward in line with the settlement reached with Pines Trailer Park Homeowners Association.”
