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5/28/2020 5:23:27 PM
 
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Section 5: OPA Board Subject: Parks and Board Out of Control Msg# 1084398
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Seems you chose to ignore the SBA's safe harbor provision. Such provision is pretty fatal to your further debating. When the SBA says it not going after reviewing any loans below $2 million, all those technical objections, interpretations, and counter interpretations become moot.
End of story !!!!!!!!!! |
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For reference, the above message is a reply to a message where: Tom, It not about your or my opinion. It has to do with complying with the CARES Act, with federal laws, rules and regulations. Do you remember when IRS went after OPA for not paying taxes on the income from beach parking revenue? Surely OPA had plenty opinions / advice from its legal counsel, auditors and CPA. Well, we all know how that vent down and how costly of a mistake that was... homeowners had to pick up the tab. Slobodan |
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