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Special Master recommends Orchidland receivership
#41
quote:
Originally posted by My 2 cents

And why do they need 11 bank accounts?


With all the road work they have been doing, I have a hard time believing that any money is being stolen. Where would it come from? And why would they put it into a another OLCA labeled account? Even Special Master is not suggesting this. The time and place to look for embezzlement would have been when the last licensed contractor was given some big money for very little work. But I don't suspect embezzlement there either, I just think we got screwed.

The unlicensed contractor problem can be fixed. It's true that we don't have to use licensed contractors, but we cannot use unlicensed ones. What we CAN do is form our own road crew and pay them as employees with all the associated workmen's comp, etc. It's a bit cumbersome, but it is perfectly legal and sound. It has been done that way in the past, and we should have gone back to it long ago.


Why can’t we use licensed contractors? We don’t have to, but we certainly are permitted to. There. Problem solved. Why would we go into the road repair business? Why do we think it would be smart to hire employees and deal with payroll and payroll taxes and insurance and such when we can’t even coax 20 lot owners a month to go to a damn meeting? Or manage to elect a BOD that doesn’t have their own agenda (proxy voting, changing bylaws, filing lawsuits, freezing bank accounts). Now we have two BODs and clearly, CLEARLY, we need adult supervision. The recent road maintenance has been adequate, true, but we do need to start using licensed contractors for the road work. Not much harm in spreading around a bit of gravel, but if we ever start paving again, I don’t want money going to contractors that won’t stand behind the work. And I agree with Rich... why in the hell won’t the Wirick group share financials with the Special Master? That alone is highly suspect, and goes a long way to justifying her decision. The nonsense has gone on long enough.
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RE: Special Master recommends Orchidland receivership - by DaVinci - 12-23-2017, 09:16 AM

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