Kudos appear to be in order for management exceeding the original 2020 budget by $174k all the while in the midst of the covid pandemic. (1a) That is indeed good news. Likewise, many thanks are extended to the GM for his reconsideration of this writer’s previously denied request for an itemized listing of 2020 capital expenditures along with an itemization of capital components included on the 2021 capital budget. Continue reading “A balancing act . . .”
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 . . .”
Reality Check 2020 . . .
It has been a long, unusual and challenging year in Big Canoe for sure. And honestly, most anyone can find comfort in any news spun with optimism in difficult times, but healthy doses of truth and reality can not be cast aside if we ever hope to establish that path to honestly addressing the issues facing our community. Continue reading “Reality Check 2020 . . .”
A misrepresentation of facts . . .
Little more than one year ago, property owners were presented with a proposed amendment to the covenants that would allow the establishment of a capital contribution fee (CCF). This was done without property owners having any advance opportunity to review the covenant language or question it’s contents. And now, in 2020, with a newly seated board, that injustice has been repeated. Continue reading “A misrepresentation of facts . . .”
Guest Spot: Wayne Huey on the Capital Contribution Fee . . .
Wayne requested that his op-ed regarding the Capital Contribution Fee be posted at bcmatters.org. Thank you Wayne for your thoughts and historical reference. (Patricia) Continue reading “Guest Spot: Wayne Huey on the Capital Contribution Fee . . .”
Guest Spot: Mike Permenter on the Capital Contribution Fee . . .
Mike requested that his op-ed on the Capital Contribution Fee be posted at bcmatters.org. Thank you Mike for your thoughts and ideas. (Patricia) Continue reading “Guest Spot: Mike Permenter on the Capital Contribution Fee . . .”
Time to talk about our Capital Reserve Fund . . .
Given the size and complexity of our beloved Big Canoe and for all the capital dollars spent and long range plans envisioned, it is baffling and disturbing that our community’s restricted capital reserves have been so woefully unfunded. Instead, Continue reading “Time to talk about our Capital Reserve Fund . . .”
Where does our money go? . . .
Now isn’t it remarkable that only weeks after being subjected to an extensive campaign for golf course renovations boasting the message “we already have the money” and culminating in an overwhelming approval for the project, property owners would now be confronted with a proposal for a $2,500 capital contribution fee containing the veiled threat that assessments or debt could be increased if not approved. (1) Seriously? Where did our money go? Have we just been duped? Continue reading “Where does our money go? . . .”
An update to “Seeking basic information” . . .
In the interest of fairness, it should be acknowledged that several days after posting the last article, a response was provided pertaining to voting rights as was submitted to “Ask the POA” previously. AskThePOAReply2#1516 (1) While certainly appreciated, not all responses were complete and other responses have prompted even further questions. Continue reading “An update to “Seeking basic information” . . .”
Seeking basic information . . .
With 73% of all votes cast supporting the Creek nine renovation, the property owners of Big Canoe have now spoken. While recognizing that a robust debate of the pros and cons of any important issue that affects our community is both necessary and vital to the informed decision making process, it is also acknowledged that once that vote is cast, we come together and move forward as the project becomes a reality. Continue reading “Seeking basic information . . .”