A property owner and member of the Responsive Governance Group recently made good use of the “three minute allotment” granted to property owners during the Q&A session of regularly scheduled board meetings. Stepping forward during the July 28th meeting, the board was questioned about it’s decision to disregard a petition signed by 194 property owners (and still counting) asking the board to place an amendment to the covenants on the November ballot for a community vote regarding the property owner approval requirements of certain capital expenditures. (1) Continue reading “An update to True Colors: The Taunt . . .”
Author: patricia
True Colors . . .
For those who may not have heard, a small group of concerned property owners including this writer (“the group”) was formed for the initial purpose of soliciting signatures on a petition asking the board to give the property owners an opportunity to vote on a proposed amendment to the covenants regarding capital expenditures exceeding $1 million and the associated member approval requirements. (1) petition Continue reading “True Colors . . .”
Let’s revisit that $20 million credit facility . . .
It’s been awhile since the last post on this site. During that interval, a January board decision destined to shape the future of Big Canoe for many years to come has now been etched in stone with the May 4th, 2022 closing of the Wells Fargo credit facility. It is done. It is closed. It is real. And our board now has unfettered access to $20 million in loan commitments while remarkably still seeking and wanting even more. Continue reading “Let’s revisit that $20 million credit facility . . .”
Guest Spot: Michelle Toups with more Chimneys talk . . .
A Big Canoe property owner for 23 years, Michelle has requested that her op-ed on the Board approved $1.25 million Chimneys project be posted on bcmatters.org. Thank you Michelle for providing additional insight and knowledge on this very important issue. (Patricia)
Continue reading “Guest Spot: Michelle Toups with more Chimneys talk . . .”
POA President requests retraction of Chimneys article . . .
The POA President has now weighed in on this site’s previous post (1) by stating, “I read your blog on The Chimneys. It contains many inaccuracies and the sentence containing a reference to a photograph on April 20 and a 3D tour is very misleading. The building is locked, virtually empty and a blight on Big Canoe . . . Continue reading “POA President requests retraction of Chimneys article . . .”
About that Chimneys renovation and the visual deception . . .
A collaboration by: Wayne A. Huey and Patricia Cross
With almost two months elapsed since the Big Canoe board blindsided the community with the shocking revelation that they would be spending an unbelievable $1.25 million to renovate the Chimneys for meeting space, the outpouring of concern and questions have continued. And even more disturbing is discovery of the complete misrepresentation of the present condition of the facility coupled with the planned gutting and destruction of much of the historical character of the building. Continue reading “About that Chimneys renovation and the visual deception . . .”
Fill in the blanks . . .
It appears that leadership’s self-applause regarding the savings found in two capital projects budgeted for 2022 warrants mention. Kudos to all involved for actually “rebidding” the beach club extension and marina seawall projects resulting in an overwhelming savings of $800k. For example, the $617k marina seawall, previously questioned by this writer, AskThePOA#5614 (1) has now been reduced a whopping 67% to only $205k. And although it is unknown how or why a disparity this large could have taken place, it is certainly appreciated that leadership opted to take another look. Continue reading “Fill in the blanks . . .”
What if . . .
Has each member of our Board of Directors considered that potential purchasers of property might turn away from a community such as Big Canoe with such an outrageous level of debt? That is the question just recently posed to the board with the President responding that “all involved determined it was in the best interest of owners both present and future.” Maybe, but not actually. Continue reading “What if . . .”
Speechless . . .
Not one of our better times, the first month of 2022 has been filled with unfortunate events and broken promises as the level of secrecy and non-transparency exhibited by our board of directors continues to escalate to new levels. And while just weeks ago, this writer tried to envision the next fifty years of Big Canoe, (1) we now know that for the next eighteen years, we will be burdened with debt. Continue reading “Speechless . . .”
Always needing more . . .
In a special January 4th board meeting, the POA directors voted on a $500 increase (20%) to the $2,500 capital contribution fee (CCF) which is the maximum annual increase allowed per the governing document. According to the fourth amendment to the general declaration of covenants which was approved by property owners last year, these fees “will be deposited and held as part of the Board Designated Master Plan Fund . . . “ . Continue reading “Always needing more . . .”