It's Official
!
We're on Our Own as of
April 1, 2016
At the January 7, 2016 Special Board meeting, three items of importance were discussed...and decided:
1. Anthem Partners
2. The Liberty Center
3. Transition to self-management.
First, let's briefly discuss Anthem Partners (Cafe V)....essentially they are GONE subject to some bargaining. According to the report given, Cafe V, in return for a complete forgiveness of ALL PAST DEBT and PAST UTILITIES...will leave subject to their being allowed to cater two events they had previously contracted prior to their departure.
Regarding that catered event, they
will pay Sun City Anthem $5,000 for the usage of the facilities and provide a
deposit of $1,000 to clean up the kitchen area following the catered
events.
They will also leave behind their point
of sales system (the computer) and various items they purchased, having an
alleged original purchase price of $127,000...a book value of which in all likelihood is 20 cents on the dollar or
approximately $25,000.
There is an outstanding loan against
the equipment that was negotiated down to $10,000...of which Anthem Partners
will be responsible for $7,000 and Sun City Anthem paying
the balance of $3,000.
Did we lose on this deal ? Probably,
but when one considers the "pain in the butt" factor....this arrangement can
best be described as "cutting our losses".
Does that
constitute a "good
deal"?
You decide, but most importantly, ANTHEM PARTNERS IS NOW HISTORY !
Secondly,
The Liberty Center was discussed and the Board unanimously decided that the roof will be repaired...BUT THE
SOLAR PANELS WILL BE PERMANENTLY REMOVED...that it was felt that
"greening" the building was not cost efficient, and would cause a further delay
before the building could reopen.
The cost to remove the panels amounts to about $30,000 depending on whether any of them could be resold and/or destroyed. Storage costs were estimated at $20,000...and rejected.
The insurer is still determining what
amount (if any) to correct the mold problem.
Assuming all goes according to plan,
it was estimated that The Liberty Center would reopen some
time in March, 2016.
Third, the
Board was addressed by our new General Manager, Sandy
Seddon, providing a detailed "plan" for self-management
implementation.
When Mrs. Seddon began her presentation by saying
"this is like a
new business"...
...a breadth of fresh air seemed to
enter the room...
....a breadth of independent
experienced air !
Without going into the
details...let's merely summarize her presentation as MAGNIFICENT......she listened carefully to the comments
made at the beginning of the meeting, and asked to address
them...
...and address them she did !!!
...after President Bella Meese first informed her that "comments were not normally addressed at that time"
...
...to which Mrs. Seddon replied....
"That's too
bad"
...as Director Carl Weinstein...at the
delight of the audience...told her to continue.
She addressed those questions so well
and so thoroughly...
...that
the Board unanimously approved the
transition as of April 1,
2016.
Mrs. Seddon
is highly intelligent, well organized, friendly, open, and best of all, a "people person" who appears to be dedicated to the best
interests of Sun City Anthem.
Her actions seem to demonstrate a
belief that residents are #1, and are entitled to be fully informed as to the
operations of our association.
I hope all of you will take a few
moments the next time you visit the Anthem Center and knock on "The Green Room" door to give Sandy a warm welcome.
She is facing major challenges....and...she deserves all the support we can give her.
She is facing major challenges....and...she deserves all the support we can give her.
Some other
thoughts regarding the meeting
There appeared to be approximately 100
people in attendance....a wonderful surprise showing of caring residents.
Director Carl Weinstein acknowledged and thanked the crowd for their support and
community concern.
One other fact came out during the
comment period...the authorization and cost of providing bus service from
Liberty Center to Anthem Center to attend the January 6, 2016 Hillary Clinton
visit.
President Bella
Meese acknowledged that she personally made the decision to provide that
transportation without receiving any approval of fellow
board members...drawing sharp criticism from the
crowd.
Subsequently it was learned that the
cost to Sun City Anthem residents was $2,600 as a
result.
And so...another day has passed in Sun
City Anthem...this one ending with a management company
which had been contracted for 16 years....getting a
pink slip in the next 10 weeks !
Got a comment? Send it to us
at:
Anthem Opinions
Administration
-
We received a note from an individual who attended the board meeting yesterday and corrected the retail amount of the equipment Anthem Partner's will leave behind.
According the Board report, It was not $127,000 as the original article stated, it was $177,000.
For that error, I apologize.
It was also pointed out at the meeting that the salvage value would be approximately 40%...a figure that I HIGHLY DOUBT.
That 40% might be the value that a subsequent purchaser might attempt to sell it to others, but for those of you who watch the television show "Pawn Stars", in order for that individual to make a profit, the original seller...wanting to rid himself of the merchandise, will normally receive 10 cents to 20 cents on the dollar.
As a result, I do not believe my $25,000 actual salvage figure was that far from what could really be obtained in a sale.
Unfortunately, that's the way the REAL BUSINESS WORLD WORKS.
I was unable to attend yesterday's meeting but my husband did. I have heard from many people and listened to their summary of the meeting.
I am so glad to read your summary and your enthusiasm about Sandy. I have not met her yet but intend to as soon as possible.
It is so nice to read this positive opinion. Perhaps this is what we needed.
Now we need new people to run for the BOD who will do the right thing for our community.