"How is it possible that OPA made no contingency financial plan for an unfavorable court action?"

The Budget & Finance Advisory Committee did recommend that the board do exactly that in the recently approved 2012-2013 budget. The Board of Directors chose to ignore that recommendation based on a memorandum dated January 20, 2012 from the Treasurer Mr. Peter Gomsak. I might add that the same memorandum suggested that the board ignore or reject seven more of the eleven recommendations of the committee.

Ocean Pines Association, Inc. has accumulated over $4,000,000.00 in reserves under Mr. Gomsak's tutelage for the purpose of tearing down the existing Yacht Club and spending over $2,500,000.00 on construction of a newer facility. I think it is now time to get a grasp on reality and correct the deferred maintenance at our Yacht Club facility for approximately $1,100,000.00 and use the remaining $1,400,000.00 to pay for the IRS liability.

While I am on my soap box I would also like to see any board make their best effort to stop future assessment increases until they have exhausted all means to collect the lion share of the $745,000.00 in delinquent dues.

Marty Clarke