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5/6/2018 6:27:32 PM
 
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Section 5: OPA Board Subject: Legum & Norman Proposal Msg# 1012875
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Good point Joe. I noted that L and N would prefer that OP pay for two office employees of L and N that would be on site on a cost pass through basis. I don't know how many employees serve as bookkeeping and admin related but with payroll staying with OP that person stays. We'll just need to review a more finalized proposal.
Don |
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For reference, the above message is a reply to a message where: a $159 thousand minimum cost annually for what appears to me to be primarily supervision of the bookkeeping function and use of the L and N software. The proposal also suggests the yearly cost would be offset by the elimination of two fulltime OPA employees. I suspect, all in, that could represent $100,000 or so. Also, the elimination of major operations like the Yacht Club and Beach Club should result in reduced work and cost by L&N. As for the EIN, I don't know, but that could be read to mean setup using OPA's existing EIN. |
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