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4/4/2016 12:34:01 PM
 
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Section 5: OPA Board Subject: Money is No Object Msg# 945860
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and promoted the consideration of Tom Herrick's motion as a practical alternative that can both provide member benefit and be consistent with the board's fiduciary responsibility.
Unless the expenditure of $150,000 due to Terry's motion is also rescinded, Herrick's motion does not prevent $150,000 going down a sewer. |
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For reference, the above message is a reply to a message where: Larry, I couldn't agree more. As Tom can attest, I have sent several emails to the BOD regarding the planned spending for the Manklin location and promoted the consideration of Tom Herrick's motion as a practical alternative that can both provide member benefit and be consistent with the board's fiduciary responsibility. With regard to projects and scope, when I go to the CEO and board with a request for millions of dollars worth of funding, trust that the notion of "rough estimates" does not work well in my corporate world. I believe the same holds true for any relevant business transaction or project. Doug Parks |
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