Following the board meeting this morning, one can only hope the board went off to their work session and started doing something constructive before their summer break. Before i go there, let me just tell readers the board passed by a 7 yes, 1 no and 1 abstention, the motion to create a for-profit holding company to bid on properties they force in to foreclosure (at least that's what they tell us it's for). The meeting once again reinforced the fact they could care less what residents think about what they are doing behind closed doors. Yet again they demonstrated they had no need to explain what they were doing or why they were doing it. No point in belaboring how i feel about this motion or their actions other than to say this: Shameful on the 7; kudos to Ida and Carol for not falling in line. I think maybe it's time the board dispense with the troubling aspect of community involvement and simply eliminate these pesky meetings where members show up and they (the board) pretend it matters. Get rid of member/exchanges, do away with board meetings and simply do everything in the comfort of closed doors where you won't have to answer to anyone. The best part of this idea is new board members won't have to run on a platform of transparency and better communication. Just for the record, in the last two meetings since announcing their plan to form this for-profit corporation, there's been about 20 people speak against it, and one said he felt it made sense because if it didn't work they could always get rid of it. The most reasonable plea came today as members asked the board to defer this motion till we better understand the value of it and more people were here to see what they were doing. When pigs fly eh?
Speaking about the 7 lemmings, they probably went behind closed doors and pouted. The puppet master then told them something like "Those big mean community members don't know anything. You all are the only ones working with integrity and honesty, so don't you listen to them." At that point, they probably all did high fives, puffed out their chests and said, "Yeah, that's right, we showed them. What can we do for you now? Wash your car? You need lunch?" Now, all that was said tongue in cheek. We don't know what really went on because EVERYTHING IS DONE BEHIND CLOSED DOORS. So all we can do is make stuff up, which can grow into misleading rumors.
And therein lies the problem with how they elect to do business. As long as they cling to this archaic style of leadership, there will always be the perception of wrong doing. One of the board members told a group of us after the meeting the RCSC had written off $400,000 the past 5 years. That comes out to 80K per year. When you consider that's your loss on 25 million dollars collected per year, it isn't all that bad. More importantly, the question asked and not answered: Had this for profit company been in existence, how much of that 400k would that have recovered? In the end, this corporation cannot foreclose on anyone, they can only bid on properties that already has a plethora of bidders/flippers. Go figure???????????????