Hubbard Road Real Estate Transaction . . .

It has been naively assumed that while leadership was dealing with the ongoing negotiations with Bobby Jones Links, the remainder of their resources and energies were being directed at addressing the challenges and effects of covid19 in our community. Instead, unfortunately, and much to the disappointment of this writer, we find it is business as usual as much business of the POA continues to be done in secret. Continue reading “Hubbard Road Real Estate Transaction . . .”

Looking back at First Quarter 2020 . . .

Wow . . . the first quarter of 2020 has already come and gone in Big Canoe complete with elections, sweeping changes to management via BJL, a pandemic and year to date net income from operations of $250k. But before delving into any financial observations, the cursory mention of a few governance details might be in order.  Continue reading “Looking back at First Quarter 2020 . . .”

Let’s talk about our water . . .

What different times we now find ourselves in.  Yet, if one must practice social distancing, what better place to be than within the boundaries of our beautiful Big Canoe.  With nature at our doorstep and wildlife oblivious to the problems of the world beyond our mountain ridges, we are sheltered in a truly special place. Continue reading “Let’s talk about our water . . .”

Suggested avenues of exploration . . .

Sincere congratulations are extended to our three newly elected board members coupled with hopefulness that with this new leadership, property owners will begin to find the honesty, openness and transparency so desperately needed in our community. Continue reading “Suggested avenues of exploration . . .”

The deception, the questions and the reality . . .

Chaos in our community as a result of the continued missteps by leadership has culminated in what may become a complete redefinition of the character of Big Canoe as our board has chosen to outsource the entire POA operations to Bobby Jones Links (BJL).  Our employees will become employees of BJL. (1)  This decision was made by a board with some members seated well beyond their elected term Continue reading “The deception, the questions and the reality . . .”

2020 and an increasing lack of transparency

Here we are faced with a new year, a new kitchen, new menus and the first financial package of 2020 indicating good news with net income exceeding budget.  In fact, remarkably, despite all the constant hype about increasing F&B revenue, one quickly realizes that food and beverage losses were actually less while being closed for most of the month.  Analyze that. Continue reading “2020 and an increasing lack of transparency”

Perspectives on 2019 Financial Performance

There doesn’t seem to be time anymore to seek peace and tranquility in the refuge of Big Canoe.  We are so overwhelmed with drama and the constant barrage of issues and crises under the watch of the current board.  And throughout all of this mayhem, not one single individual has been held accountable. Continue reading “Perspectives on 2019 Financial Performance”

An update on the $25/$16 assessment increase . . .

In the previous post, questions were asked regarding the 8.89% monthly assessment increase.  Was the increase a “regular assessment” which covenants allow to be used by the current or any future board for both operational and capital expenses?  Or . . . was the increase a “special assessment” which may not be used for operational expenses and which  also requires property owner approval?  (1) Continue reading “An update on the $25/$16 assessment increase . . .”

Assessments, budgets and more . . .

The December 31st POA member statement along with a two page memorandum from management (1) has just been received leaving this writer somewhat perplexed.  Although the $25/$16 increase approved by the board in November to be used for Master Plan capital projects was included on this statement, Continue reading “Assessments, budgets and more . . .”