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2/28/2014 10:03:23 AM
 
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Section 5: OPA Board Subject: COPE Golf Petition? Msg# 878957
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Brian:
"Could you tell me and the rest of the homeowners, what the board has done to try and find someone to lease the course?" Sure, that is easy. I am not aware of any effort what so ever to lease out the golf operation prior to the recent efforts by COPE. "Correct me if I am wrong" You are correct, only our Beach parking amenity, the Beach Club, and our Marina operations show a bottom line profit in our most recent audited statement. However, when you look at the bottom line of all of our amenities together, performance was a terrible -$1,121,720.00. The lion share of this dismal performance was our golf amenity which posted a loss of -$536,901.00 in operations plus an additional $420,392.00 in depreciation for a total negative in the amount of $957,293.00. There is absolutely no excuse. We do not even pay rent or taxes. Marty |
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For reference, the above message is a reply to a message where: Marty, I do agree with you on the referendum, it was passed by a majority, but let's see what happens to that failing amenity, and see what is said then. Correct me if I am wrong, the only amenity that makes money is beach parking, boat slips (maybe, since they are not all filled, and that space doesn't cost anything) and gas that is sold at the pier. And Yes, the COPE referendum will likely pass, because there are more people who don't live on the golf course, then the ones that do live here. We bought our home to be specifically on the course not a park, and I would think that any Board would try and make it a profitable amenity not only for the golf course lot owners but for the entire community. Could you tell me and the rest of the homeowners, what the board has done to try and find someone to lease the course? Casper has no skin in the game, they certainly don't care what happens, they get there monthly payment no matter what the outcome.......profit or loss Seems to me that nothing has been done! If the current GM is suppose to be such a competent business man, why hasn't he come up with a plan, he certainly has all kind of idea's on how to lose money. |
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Special Board Meeting - Board Room
11/25/2024 - 7:00 P.M. 3 days or less away! |
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OPA Board Meeting - Golf Clubhouse
12/21/2024 - 9:00 A.M. |
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OPA Board Meeting - Golf Clubhouse
1/25/2025 - 9: A.M. |
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OPA Board Meeting - Golf Clubhouse
2/22/2025 - 9:00 A.M. |
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OPA Board Meeting - Golf Clubhouse
3/29/2025 - 9:00 A.M. |