It's Time for Outside
Examination
Keep pumping funds in a restaurant that continues
to drip red ink.....resident RED INK
????
It's unimaginable to any person who has ever held
a position of financial responsibility !
Lose money for any employer and you undoubtedly
will be fired.
Mismanage funds...and you would not only face
termination....BUT in some cases...
...CRIMINAL PROSECUTION.
How easy it seems to be for certain board members
to make excuses for failure...especially by those who appear to have little
remorse in losing the hard earned funds of others who have saved religiously for
years in order to afford a comfortable retirement
lifestyle.
Time to face facts ladies and
gentlemen....
...the time for complaining on blogs is a waste
of time....
...nothing gets accomplished except MORE FAILURE.
Why would that be?
Simple....they, the board members, (namely Bella Meese, Mike Carey, Jim Long, Jean Capillipo,
and Tom Nissen) continue to vote time and again in
the same way....
...AGAINST PROPER FINANCIAL
MANAGEMENT.
Why do they continue to WASTE OUR FUNDS?
That is a question that
REQUIRES A LEGAL ANSWER....not some flimsy contrived excuse or series of
excuses that have no proof of merit.
Here's another no-brainer as to why they continue
their FUNDS MISMANAGEMENT...
....they don't think anyone
has the clout to call their bluff.
But....the times "they are a
changin" because our suspicions about VIOLATING THEIR
FIDUCIARY RESPONSIBILITY toward financial management....may indeed have
merit after all !
And we at Anthem Opinions....
believe....it's time the proper
authorities were contacted to examine the financials of Sun City Anthem and
certain board members who continue to vote TO LOSE YOUR
MONEY...
....and if found to be guilty
of mistrust....
..."pay the piper" for
their misdeeds.
You see, A FIDUCIARY CAN BE
HELD PERSONALLY RESPONSIBLE FOR MISMANAGEMENT OF
FUNDS.
They swear to handle them in a
manner that BENEFITS those who have placed their hard earned invested capital in
their possession for safe keeping....
...and that is exactly what each property owner
has done by contributing $1,100 per year....
...owners have indeed placed
their funds in the hands of individuals WHO HAVE PURPOSELY....note the word PURPOSELY....KNOWINGLY
LOST THOSE FUNDS as a result of their actions.
Perhaps one might have an excuse if there was a
belief that some form of gain might be had....but THAT BELIEF in the case of our
restaurant....IS COMPLETELY UNFOUNDED !
This venture, as well as, all previous restaurant
attempts, have shown be to losing propositions.
Time and again, losses continue to mount....and
time and again, more of the financial burden is SHIFTED TO
THE PROPERTY OWNERS....
...with each NEW episode showing LITTLE if ANY
HOPE for RETURN.
...AND THAT....can only have one
conclusion.....
Those who continue to vote to
FINANCE this private entity, knowing NO RETURN is possible....IS MISMANAGEMENT !
And the strongest case
for MISMANAGEMENT ?
A loan previously made below
the prime rate of interest....to a party that has
been delinquent in their financial rent and utility
responsibilities.
There is no rational business reason to lend money under
those circumstances other than MISMANAGEMENT
!
There is only one
exception.
And that exception is A VOTE
BY THE ASSOCIATION MEMBERS TO CONTINUE FINANCING THIS VENTURE KNOWING IN ADVANCE
THAT THEY WILL NOT RECEIVE ANY RETURN as a
result.
This is the only way this financial expenditure may continue....anything short of that means THE
FIDUCIARY IS TAKING FULL RESPONSIBILITY FOR THEIR
ACTIONS....
AND...as previously stated....may be held PERSONALLY
RESPONSIBLE FOR ANY LOSSES SUSTAINED AS A RESULT OF THAT
MISMANAGEMENT.
So...our question is
this....
Do the members of this board who voted to CONTINUE
FINANCING THIS UNPROFITABLE VENTURE....
...wish to do this LEGALLY through RESIDENT
VOTE.....
or ..
Do they wish to subject
themselves to CIVIL and CRIMINAL penalties ?
Do you, our readers, feel that the proper
authorities should be notified of this continued action and examined for
improprieties?
We believe that in the absence of those elected individuals acting financially responsible on behalf of 7,144 homeowners, a third party MUST
EXAMINE THIS SITUATION CLOSELY in order that this action may be decided for all
future such expenditures of resident funds.
As President Ronald Reagan once
said...
"Trust...but...Verify"
Anthem Opinions Administration
.jpeg)
.jpeg)
