By Lloyd Sherman, October 23, 2019
In September, I declared my intention to run for one of the three HSV BOD positions that will come up for election in March 2020. The schedule of events has not yet been determined, but if it follows the process from last year, the formal applications will be submitted to the POA for certification in early January 2020. Ballots will most likely go out at the beginning of March, and the vote count will take place later that month. Those elected will be seated immediately after the April 2020 board meeting.
Throughout the village, there is currently an undertow of mistrust, much of which stems from problems of mismanagement, particularly in financial matters. I became concerned because due to the challenges facing the Village I believed it would be difficult to get qualified candidates to step forward. And then, as has happened often in my life, God stepped in and both Dick Garrison and Tucker Omohundro announced their intentions to run. This is extremely good news, and I fully endorse these two candidates. Thank you, Dick and Tucker!
A successful business cannot be operated without proper management and a board of directors who can provide proper guidance. This is especially true with industry-accepted financial practices which include all successful real estate communities like Hot Springs Village.
During a recent department budget meeting, it was announced that Village Homes & Land will be closed. I have stated many times that this operation was expensive and not needed. As a Director of the Board of Realtors, I realized that VHL was also a member of our Realtors Board. However, that roadblock has been removed and now attention needs to be drawn toward how the marketing efforts of the POA will be handled regarding sales. To that end, the Board of Realtors and Broker/Owners will meet with the POA on October 28, 2019, to provide input about how this process should function going forward. In my opinion, the building previously occupied by VHL should be closed and the functions of the Discovery Packages should be merged into an already functional realtor program at the Chamber. There is absolutely no reason to staff this location and expend funds on a lease when these operations can be absorbed by the local Real Estate business community without any cost to the property owners.
You will continue to hear from me on my positions. The most important step is to establish BOARD-LEVEL Finance and Marketing Committees. Our marketing efforts are almost non-existent and the work of the Ad Hoc budget committee must continue through a standing Finance committee.
I very much want your support and vote, and I am also asking that you put your support and vote behind DICK GARRISON and TUCKER OMOHUNDRO. I am sure you will see additional information about them soon, but in the meantime, please visit my website at www.electlloydsherman.com Please let me hear from you. I am listening and your input is extremely important.
While you are at the web site, click on the PLEASE DONATE tab across the top of the web page. Your donations will help us achieve the results that you deserve from the HSVPOA Board of Directors.
George
10/23/2019 — 7:15 pm
Lloyd,
Glad to see you will run again.
Concerned that the board will attempt to modify the bylaws to make it impossible for Garrison to run. Would be a very controversial move.
Unapproved budget has a lot of people confused. Understand that they needed to establish the fees to get the renewal process underway.
Wondering if the VH&L closing is reflected in the budget. What happens to the expenses that we were paying, like the rental space. Is the director of VH&L just being moved to another job or did we save some compensation dollars?
Sue
10/23/2019 — 8:06 pm
As I understand it the director took another job and has already moved on. BTW the suggestion to close the door came from her and not Ms. Nalley or a BOD member. If I knew how to find her, I would thank her for her common sense and saving us money. Oh yeah! Til the new marketing director accepts the job. But then again, we mightg be able to get out from under the failing (according to the marketing sub committee’s recommendation) PR firm.
Hope springs eternal, AGAIN! Sue
Minn Daly
10/24/2019 — 10:37 am
Loyd, Tucker, Dick! You have my support & VOTE. HSV has issues with management that a strong BOD needs to correct. We are a COOPER community that does NOT need a CMP plan or useless committes that creates useless ACC rules that not even Hot Springs or Benton have on books. Stopping unnecessary lawsuits & caping attorney fees. Getting General Manager to handle staff & village issues. Looking forward to each of you being elected by A landslide! Respectfully, Minn Daly
Lloyd Sherman
10/24/2019 — 4:00 pm
To George:
I certainly hope the Board doesn’t create any more chaos by trying to amend the Bylaws to keep Dick from running. While it seems they seldom listen to us, I hope they do on this matter.
The Director of Sales (VHL) did move on as Sue indicated. However, I understand they are attempting to keep this space open and available for the Discovery Package people to work out of. There is plenty of space that can be found without continuing with a lease and utilities expense we don’t need, especially when Mr. Cooper said he would let them out of the lease if they closed the office.
The budget has not get been approved so there is still time to adjust accordingly and save us some money where we can instead of just raising fees every time we turn around.
George
10/24/2019 — 5:49 pm
Llyod
Thanks for the response.
Agree, raising prices (fees) is not acceptable. The perceived value is not improving and will just reduce usage.
There needs to be is a strong effort to reduce costs, i.e. salaries (Director positions) are a prime place to consolidate.
Nalley doesn’t have the experience to realize that this is necessary, she wants her kingdom to remain intact at our expense.
The board cannot ignore the obvious any longer.