THIS IS A RE POST WITH BLOGGER ATTACHING HIS NAME THANK YOU MR. WARD
Several Watchdog bloggers have commented on the Commons Capital Improvement Account and additions to it for the 2007-08 budget. It appears that the Board of Directors have violated Master Declaration Article VI,section 3 dealing with Special assessments for Capital Improvements. It provides that "any such assessment shall have the assent of (2/3) of the votes of each class of members who are voting". No such voting took place to my recollection. The total assessment for unknown "ghost" Capital Improvements for this fiscal year was $111,336 which members paid through their Annual Maintenance Fees, or $98.26 each. Several corrections can be made among which are: (1) Vote now on the proposal but reveal what projects are to be covered, which may be difficult to pass at this time; (2) Refund the $98.26 to each member and proceed with votes on each individual project as required by the Declaration; (3) any other option suggested by membership. Following the rules forces the Board to exercise due diligence for each proposal rather than falling back, the easy way, on a so called "slush fund". This is why the rules were written.
Hi John: Regarding your request to add my name to the Nov 18, 20071:50 PM involving Common Capital Improvement asses es without 2/3 member approval: It will be OK to add my name to this particular blog if you think it will help. Ward Shaw
