WATERS OWNERS: To keep you full apprised of the situation, we are copying an announcement from The Hollows blog posted on Saturday, May 23, 2009...

You may be aware that the Austin American-Statesman ran an article in today's edition concerning the start of foreclosure proceedings at the Hollows. As we told you in a previous posting, this is an expected step in our negotiation process. We continue to work with all parties toward a favorable resolution and will keep you informed.

We appreciate your patience during this time.