The ballot package has now arrived complete with the final legal wording of the eight proposed bylaw changes. As a word of caution, the enclosed “Voter Guide” that has been previously distributed throughout various media does not summarize all significant changes found in the legal document. Further, perusal of the documents now finds that two additional amendments also contain language that is in conflict with our existing covenants. Given this new information, an update to the previous post on this site (1) is now warranted. Continue reading “An update to a consideration of the consequences . . .”
Category: Governance
A consideration of consequences . . .
As the holiday season quickly approaches, yet another election is upon us that will also include eight proposed changes to the association bylaws. According to the minutes of the October 4th closed door board work session, (1) members of the board voted unanimously to approve “the final wording of these changes” to our governing documents. Subsequently, the “Big Canoe POA Voter Guide: Proposed Bylaws Amendments” was published throughout various media followed by a brief discussion at the October 28th meeting of the board of directors. Continue reading “A consideration of consequences . . .”
A betrayal of trust . . .
As was expected, the revision and consolidation of Board policies 152 and 153 eliminating the property owner approval requirement for all maintenance or replacement capital projects exceeding $1 million was approved unanimously by this board on September 30th. What was not expected was the statement that there had been little property owner opposition to the proposed change. (1) Continue reading “A betrayal of trust . . .”
Mission accomplished . . .
Flashback. It’s time to wake up and take a moment to reflect back on December 2019, and the outrage felt by this community regarding the “significant drafting error” found in the previously proposed capital contribution fee amendment that would have eliminated Article VI, Section 13 of our covenants regarding the restricted “Capital Reserve Fund”. (1) (2) (3) Further, consider that this is exactly what is taking place now, only in a craftier manner. Systematically chipping away, bit by bit, piece by piece, little by little. Continue reading “Mission accomplished . . .”
Imaginary numbers . . .
Apparently persistence pays off as this writer has finally received answers to those questions regarding the $265k discrepancy in the Master Plan Fund that have been submitted multiple different ways via management, the board and the Audit & Risk Management Committee since the beginning of 2021. Truthfully, it has been exhausting and probably just as exhausting to those of you who read this blog. And even more truthfully, the news is not good. Continue reading “Imaginary numbers . . .”
In discussion of recent communications . . .
After a studied review of the recent POA Board Eblast regarding Big Canoe’s finances that references communications from several property owners, an explanation provided appears to be directed, at least partially, in response to recent posts on this site. (1) (2) But first, it must be emphasized that an accurate representation of this writer’s research, ideas and observations can always be found on the pages of this blog which is maintained exclusively by this writer without collaboration. Any attempts by leadership to characterize otherwise should be disregarded. Continue reading “In discussion of recent communications . . .”
Guest Spot: Wayne Huey – Big Canoe AECC fails to be firewise & current with guidelines . . .
Wayne has requested that his op-ed regarding the Board and the AECC’s recent denial of a property owner’s request for a standing seam primary metal panel roofing system be posted at bcmatters.org. Thank you Wayne for your research, discussion and experience on this subject. (Patricia) Continue reading “Guest Spot: Wayne Huey – Big Canoe AECC fails to be firewise & current with guidelines . . .”
Ask the board . . .
After more than nine months of requesting and waiting for publication of the covenant required updated reserve study, it has just been unceremoniously posted to the POA website. Upon opening, it is immediately observed that the beginning balance in the restricted Capital Reserve Fund on January 1st, 2021 is shown to be approximately one million dollars LESS than the balance disclosed on the year end financial statements. (1) Further, it is clearly noted on page 13 of the study that this information was provided to the reserve specialists by “Association management”. (2) Continue reading “Ask the board . . .”
A bit more dam talk . . .
With a month elapsed since the Lake Petit Dam Town Hall meeting, it is past time for this writer to express appreciation to the Geosyntec engineer/representative for his presentation regarding the status of our dam. (1) It was not only refreshing but also reassuring to at last hear from an outside source and expert on the subject. Continue reading “A bit more dam talk . . .”
About that Dam . . .
Fourteen days into the new year, and we now learn that we have a $3 – $4 million dam problem. As discussed at the January board work session, Geosyntec has completed their study regarding the condition of the Lake Petit Dam and provided management with a report of their findings. (1) The GM indicated that the required repairs to the dam in the next four years would be in the $3-$4 million range, and that the contents of the report had been reviewed earlier in the week with the board, Geosyntec and certain members of the staff and Audit and Risk Committee. Continue reading “About that Dam . . .”