An Anthem Opinions Editorial

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