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3/5/2012 10:51:04 PM
 
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Section 5: OPA Board Subject: OPA Loses IRS Case Msg# 823681
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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.
So.... it was irresponsible of the board not to consider some committee recommendation.... but you have no idea what the recommendation was. There was/is no "contingency plan" for paying the tax bill because there are no contingencies available. |
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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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