At the conclusion of the HSVPOA Board Meetings, the audience is given a chance to express their thoughts. What follows below are these comments from Ray Lehman at the HSVPOA October 20, 2021 Board Meeting.
Ray Lehman: Good morning. My name is Ray Lehman. I’ve been very busy up at the state capitol, so I haven’t had the pleasure of coming and seeing some of these Board Members, meeting face-to-face.
Lehman: I want to repeat what I’ve repeated on social media. You all are Property-Owner-focused. I have so much confidence in what you are doing and I think this assessment process shows that very clearly.
Lehman: You didn’t throw together a group of FRATF, of just simple volunteers to look at our expenses and our needs and the assessment. You threw together a group of professionals. You opened it up to dramatic and also multiple opportunities for the homeowners to speak. And one of the loudest things that we’ve heard is, ‘there is no guarantee this money will spent the way it’s supposed to be spent.’
Lehman: You’re working on that. You’re getting it done. One point of consternation that I have, is that a month or six weeks ago, Joanie mentioned that one of the ways that the Board was going to work on this process, but there was a second assurance because so many of you Board Members are coming back. And she said, that should be proof enough, that it’s not going to change, because none of you Board Members are going to make a change to how the assessments are spent. And none of you stood up and said, ‘you’re right. We’re not going to make any changes.’ So, I would encourage you to do that.
Lehman: And the other point of consternation is with the general public on social media. We have people that are pooh-poohing, for a better term, Tucker’s comment and Joanie’s comment that we homeowners have a responsibility to make certain that we’re electing the correct Board Members. And some people are saying, ‘that’s not our job. The Board needs to figure out how to do it.’ Well, that is nonsense. It is OUR job to make certain that the proper, the correct Board Members are elected and every one of you are the correct Board Members and I’m proud to have you running this group for us. Thank you.
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Susan Posner
11/02/2021 — 9:50 pm
Has absolutely nothing to do with who’s elected and everything to do with board fiduciary duty to ALL property owners regardless! Not the other way around.
Scott McCord
11/03/2021 — 12:12 pm
Susan Posner,
In the world as we know it today and in the past, companies ask their stock holders to support their recommendations.
Why is that an acceptable practice for them, and our Board doing the same is not?
Susan Posner
11/03/2021 — 5:51 pm
You completely have my statement out of context as it responded to the article. Elected has the duty of care, loyalty and duty to property owner. As for stockholders companies have fiduciary duty too and stockholders do not always support their recommendations; it’s called “shareholders rights” to vote on major issues, the right to dividends and return on their investments, right to inspect all corporate documents, right to sue and the right to sell off their share. Read the article than read my reply.
Tom Blakeman
11/06/2021 — 7:54 am
This is not a public stock company.
Scott McCord
11/07/2021 — 6:22 pm
There is nothing wrong with our Board making recommendations on voting matters.
In my view it’s exactly what our Board should do.
Just because some folks don’t agree with the recommendation doesn’t make it wrong.
Also, spending some money to make sure owners are aware of their recommendation is perfectly logical. The Board did nothing outside their authority..
Tom, it doesn’t matter that we’re not a stock corporation. We are a corporation.