3/2/2012 9:40:40 PM
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Section 5: OPA Board Subject: Henny Youngman and OPA Msg# 823205
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You agreed with me when I wrote: "I want to see the YC managed properly and at least breaking even."
Well, the first step in moving toward break even is for association members to insist they break even and not rationalize about the many millions of dollars in cumulative losses over the last 10 years or more by dividing by 8400 and then by 52. If association members accept losses, there will be losses. I figure over the last 20 years I paid OPA upwards of $1000 to subsidize operational losses of businesses. That isn't breaking my bank, but I'd rather OPA have the money in hand for a new building or other needed maintenance than throwing it down a sewer. Combined this would provide OPA with $8.4 million if management had simply broke even on the business amenities. |
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For reference, the above message is a reply to a message where: Maybe you and others are willing to simply accept bad management of the YC and thrown millions down a sewer over time, but I'm not happy with that fiscal approach. I want to see the YC managed properly and at least breaking even Joe, I could not agree more with you. Bill |
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