5/25/2004 10:11:30 AM
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Section 5: OPA Board Subject: Rate the Board Msg# 117883
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A look at the archives of the OPA News would reveal that this issue of how to make the ammenities self-sustaining has been a topic of discussion on and off for 15 years or more. A few years back there was a contract of some sort with a private individual to operate the Yacht Club dining room. Apparently the arrangement did not work out to the satisfaction of either side. Are you thinking along the lines of a Fagers Island West? |
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For reference, the above message is a reply to a message where: Hi Joe, As the yearly property assessment continues to rise it is very important to me that the Board provide tighter oversite of our money. I believe the Board has recognized and has begun efforts to restructure our financially stressed amenities. I believe it would help to inform the community of their progress toward achieving the goal of financial independance for these amenities. If the financial reality is the inability of the amenity to be self sustaning, plans should be made to "Out-Source" to "professionals". Let's have private companies bid for the management and take the financial risk. This approach could put the operations in the hands of individuals who understand how to make these activities attactive and cost effective to the community. If the Outsource experiment fails, they absorb the risk and OP learns the lessons. My second comment relates to managing expenses associated with the North Entrance bridge. In the last few years the bridge has been struck by vehicles several times, causeing substantial damage. It would be important to me to know whether the expenses for these repairs are coming from the OP community insurance and/or the vehicle operator's insurance? If the community is paying for these repairs, I believe some type of protection needs to be installed to prevent additional structual damage. I'm sure there will be a recommendation in the future to change the bridge but until this happens it's time to protect our bridge... |
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