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The Board of Directors has been very vague about the delinquent maintenance payments. Why don't they let us know:
- How many units are delinquent?
- How many liens have been placed?
- What is the total $ amount of all delinquencies?
- What is the greatest $ amount owed by any one owner?
- How long has the oldest delinquency been on our books?
1 comment:
We USED to get this information from the Manager, Joanne - WHEN SHE WAS ALLOWED TO ATTEND BOARD MEETINGS. Now that President Sam won't let her attend (he claims she's more valuable in the Office than taking make-up time off; huh! it's in her CONTRACT to attend Board meetings!), we don't get any information. We all know that he doesn't want her to attend because she TELLS THE TRUTH. Until she is allowed to attend again, we will not get any REAL info. At various times, our Treasurer(s) - Pete and Jason - "guesstimate" the number of liens, foreclosures, etc. Sometimes it's as high as 18 - other times it's as low as 11. Go figure. With an inept bunch like this that can't even file an audit on time, it's no wonder we have no idea what's going on. And then they say they want to bring the financials back in-house ... where they can "keep an eye" on the money? Wake up, folks! This is a two million dollar corporation being run by a bunch of amateurs.
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