Fiduciary Responsibility....Losing
Money ?
I must have read that new deal with
Vic's Restaurant 25 times, and every time I do, I come to the same
conclusion...
What were they thinking
????
So...I thought I would start with
the definition of FIDUCIARY
RESPONSIBILTY...
"Fiduciary
duty requires board members to stay objective, unselfish, responsible, honest, trustworthy, and efficient. Board members, as stewards of public trust, must
always act for the good of the organization, rather
than for the benefit of themselves. They need to exercise reasonable care in all
decision making, without placing the organization under
unnecessary risk."
Now...with this definition
in mind, let's look at the new "deal" the
"Wizards of Anthem" came up with last week...keeping
in mind...that even 2 of the "wizards" are attorneys
!!!
Hmmm.....
1. Tenant gets rent cut in
half.
2. Tenant has ability to
cut the hours...starting at 3:00pm.
3. Tenant signs a two year
promissory note to pay $20,000 for past unpaid
utilities.
..but...
4. Tenant allows outside
organizations to cater events.
,,,However...outside caterer can't use certain
facilities, especially the kitchen ,or whatever Vic's HAS
BEEN GIVEN FREE OF CHARGE.
Now that is some crafty
bargaining, don't ya think ?
We really pulled one over
on that Vic's guy, didn't we?
...and that guy thought he
was dealing with amateurs, huh ??
I tell ya, the way this
group "thinks", don't be surprised if the next "action item" is authorizing a
trout farm so Vic's can sell fresh fish !
...after all, after this
last bit of bargaining "wisdom" on their part, I'm convinced they think of
residents as 7,144 pieces of "bait"...to be used "hook line and sinker", to feed
their egos, not stomachs.
Where...just where...do
these people come up with these ideas...much less a unanimous 7-0 vote to
approve them ???
Of course it doesn't
matter a single hoot that Sun City Anthem needs four grand a month to break
even...
...that getting two grand when you need
four.....is "new math" for "success".
...that if you are one of
the select few who do chow down at this eatery, you might have to have lunch
after 3:00pm...so you can pay dinner prices (with resident discount of
course).
...that you hope the
monthly payments for the past unpaid electricity bills will keep
coming...so the power button can stay "on" to keep your food warm.
But, hey, due to all
of that "prowess" in negotiating skill, you got one helluva
deal...
Now...all of you "fish"
who reside in the money pond...
...can bring that pizza to
any official sponsored club function your little hearts
desire...
...you can't keep it warm,
but you still can bring it !
Time to get back to the
"fiduciary responsibility" part...and how this latest
stroke of financial genius demonstrates their ability to comply with the laws of
economics.
Must be "efficient". LOL (no comment
required)
Must be "unselfish" MORE LOL (can't
deny Jeannie C and Bella M a place to eat lunch..after
3:00pm)
Must be "responsible" DOUBLE LOL (Jerry
G says why ask them for anything at all? Come on, everyone thinks "Free is
Good"...if your a bureaucrat)
Must be "objective" EXTREME LOL (Jimmy
M says not a good deal, but let's go along with the bunch just the
same...besides, why waste all that expertise as the former head of the Finance
Committee ?)
Must "always act for the good of the organization" SEVEN LOLs (Right...I think every person who pays dues
would choose to lose money every month..."for the good of the organization",
don't you? Trouble is...it looks like they can't figure out which organization,
can they ?)
Oh well...according to
another blogger...yet another
lawyer...oops, ex-lawyer...
Who cares...besides, how
dare those Clubs ask for edible food, at a price they can afford...in a place
they own ?
Anyone know of a good deli
or kosher hot dog stand where you can eat lunch for five bucks at noon
?
If you do, I have a
feeling that you'd see somewhere around 11,000 people standing in
line...
...the other 7 will be
eating at Vic's.
Dick
Arendt
From a reader...Josie...to Anthem Opinions
ReplyDeleteI was always under the impression that no restaurant nor caterer could ruin a breakfast, but I was wrong. Today was the breakfast for the Lifelong Learning Group, and they were probably required to use Vics to cater their breakfast if they wanted to use the ballroom. What a disappointment that was!
Whatever the club had to pay to have Vics cater it was too much money! They served scrambled eggs, bacon, bagels that appeared to look like they were cut out of bread slices because that’s the consistency they were, cream cheese, butter and jelly coffee, tea, orange juice and another juice, and that was all.
There was no cut up fruit nor any pastry.
It was very disappointing foodwise. And we wonder why people don’t trust Vics to do a good job.
In the past for the breakfasts, there had been the good bagels, lox and tomatoes, onions, capers, cut up fruit and some type of sweets.
Vics has a lot to learn about their catering if thy want business from people here at Anthem.
From Resident...Tim Stebbins...to Anthem Opinions
ReplyDeleteBella’s Lunch
Cost of Bella’s lunch:
Cost to Bella, probably less than $10.
Cost to the members of Sun City Anthem, $24,000.
(It better be a very good lunch at that price.)
Board member and VP Bella Meese, whose greatest admirer is Bella Meese, has declared she is superior to all other mortals and particularly to the inferior peons who are the members of Sun City Anthem. She insists her highly elevated status in a world of mere mortals gives her the undeniable right to have lunch where ever she wants and when ever she wants – no matter how much it will cost the inferior beings.
Bella demonstrated her willingness to use the members of Sun City Anthem as lackeys to satisfy her personal whims at the board meeting last Thursday by stating she demands to have lunch at Vic’s restaurant anytime it suits her. That “Bella benefit” will cost Bella almost nothing but will cost the members of SCA at least $24,000 payable to Vic’s so Bella can have her lunch under her terms. Bella just shrugs that off and shows her distain and disgust for the members of our community.
What ever happened to that previous Bella many people respected? That person seems to be gone forever and the new Bella who insists all others hold her in awe is what we are stuck with.