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 . . .”
“Ask the Board” yields no real answers . . .
To be honest, after the June 3rd post noting that the beginning balance in the restricted Capital Reserve Fund as shown on the updated Capital Reserve Study was approximately one million dollars LESS than the balance disclosed on the year end financial statements, it was anticipated that leadership would provide some type of public response or explanation. Continue reading ““Ask the Board” yields no real answers . . .”
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 . . .”
More big red flags . . .
Let’s get straight to the point. We have a problem. It has now been discovered that total cash at the beginning of the year is $18,923 less than originally stated. Without any mention or explanation from leadership . . . poof . . . it is gone. Seriously, where did it go? Was it lost? Was it spent? Was it taken? Continue reading “More big red flags . . .”
So much to talk about . . .
It has certainly been a busy month in Big Canoe. From the unfortunate draining of Lake Disharoon to changes in the board meeting schedules and the March financial results, there is much to talk about both good and not so good. Continue reading “So much to talk about . . .”
Simply not possible . . .
After over three inches of rain within two days in late March combined with a fully opened lower level outlet, Lake Disharoon dumped muddy water, (1) silt and dead fish (2) into the creek below as it flowed into Sconti and beyond. Although estimated to take two to three weeks, the complete draining of Disharoon was accomplished in only a matter of days despite the extreme rainfall. Continue reading “Simply not possible . . .”
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 . . .”
Revisiting that balancing act . . .
This is now third in the series of articles regarding the Board Designated Master Plan Fund and the still unanswered question, “Where did that $265k go?” (1) (2) With receipt of additional information along with other recent developments, yet another update seems to be appropriate. Continue reading “Revisiting that balancing act . . .”
An update to a balancing act . . .
It seems only fair to mention that after publication of “A balancing act”, (1) a member of the POA management team reached out to this writer in an attempt to explain some of the issues that had been noted in that article. The POA President, Treasurer and GM were also included in the loop as they were copied in the original correspondence. Continue reading “An update to a balancing act . . .”