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3/5/2012 8:14:47 PM
 
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Section 5: OPA Board Subject: OPA Loses IRS Case Msg# 823642
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Larry: "It is also my assumption that we paid a very significant legal bill to pursue this action" Do not forget the money spent on hiring the firm Mr. Gomsak worked for to consult with our attorney. Marty |
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For reference, the above message is a reply to a message where: Marty: Thank you for your response and enlightening information. I agree fully with your proposal. Opportunity Cost dictates that one cannot have all everything. It is now time to make economic choices. We can't do it all. We can't pay a now deliquent tax, restore a yacht club, spend 10 million on a golf club. I also feel that it was irresponsible of the board to ignore the finance committee's recommendation. That irresponsibility has now placed a major financial burden on the membership who, other than through finance committee, had little input into the board's inaction. It is also my assumption that we paid a very significant legal bill to pursue this action. |
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