BOD Meeting Aug 3rd -- 2012 Financial Audit is Available -- A Unit Owner's Request

Unit Owner Michael McNichol's Open Request of the BOD for the August 3rd BOD meeting:

A Unit Owner's Open Letter Response to an Open Letter Challenge

The following from unit owner Michael McNicol is a response to Mark Morgenstern's open letter challenge to the community.

Open Response: 

I’ll keep this simple, and based on fact. 

Concerned unit owner, Mike McNicol, 

demonstrating that he has a sense of humor.

I also protest the current email, blind copy campaign. We put new leaders in place to gain transparency, and have nothing to show for it, and feel less and less information will be shared with the community. 

The board has previously budgeted for an audit for several years, which is not only required by state statute, but is also a minimum standard for all business who are fiscally sound. 

This annually required audit hasn’t taken place in at least 4 years, by your own admission, on the record, at a board meeting. 

The “funds” from the previously budgeted audits, that never happened (by your own admission) should more than  support a forensic audit which at this point, the majority of the community feels is NECESSARY. 

Please explain where these funds went, and if they are still available. 

You asked us to put our money where are mouth is, were asking you to use your mouth and tell us where our money goes. 

May I remind you of your fiduciary duty to the owners of this association, who feel, see, and live the lack thereof.   

Sincerely, 

Michael McNichol

One Unit Owner's Open Letter Challenge to Other Unit Owners

A LETTER TO ALL TAJ RESIDENTS

from Mark Morgenstern

    Good day, I am writing this open letter not as a BOD member, but as a Home Owner living at TAJ. I pay my monthly charges just like everyone else. I do not want to pay for items not needed. We have all been bombarded by E-MAILS, NOT SIGNED, (there must be a reason, for not signing them?) The owner of this Blog reads before releasing, and will only send out correctly signed letters, or e-mails!

Unsigned emails leads to no responsibility! You can e-mail half-truths, made-up stories ( The National Enquirer has been doing this for years, If you believe in Flying Sources, OKAY), false information, or just plan LIES.  You can keep sending as often as you want, print anything you can think of -- with so much muck who would know the difference between a half-truth, and a half-lie. People love to hear and listen colorful stories, and people that tell them lies that they want to hear. But an old saying is "Be careful what you wish for! It may turn out to be some- thing else, and then it is too late!!"

There has been a lot of talk and roar about a FORENSIC AUDIT!  E-mails flying “Some members of this BOD are afraid of an Forensic audit.” “The old Board stole money” “They are guilty of crimes & must pay” “They are afraid of an audit!” “They are blocking us for making this happen” Hang them at once”!  All great hype! Let us set the record straight!  NO ONE ON THE BOD HAS STOPPED ANY AUDIT; FORENSIC OR OTHERWISE. ANYONE SAYING OR PRINTING THE FACT IS A LIAR..ONE MORE TIME, A LIAR.

Anyone who attended the last BOD meeting saw that one board member brought this project to the floor. Having a FORENSIC AUDIT done at TAJ. He was asked many questions, for which, at that time he had no answers. The questions were: Does the accounting company have a license to do this type of FORENSICE AUDIT? Please remember TAJ is not the usual type of community. What years do we want audited? What would be the total dollars evolved? How would payments be made? What is this company’s background, & others? To be answered at a later BOD meeting. THIS PROJECT WAS NOT DENIED! WAS NOT TURNED DOWN! WAS NOT DISMISSED!  That is the truth, and ANYTHING ELSE IS A LIE. 

Now, I have a great idea. This project may cost $10,000--$20,000 -- maybe even close to $100,000 -- who knows. If there are so many Homeowners at TAJ that want to assess us all, then let them stand up and say so and put their MONEY ON THE LINE! Let these Homeowners sign a legal contract to the effect that if the end result of a FORENSIC AUDIT proves NOTHING WENT AMISS, and NO CRIME WAS COMMITTED, then they will pay the cost of the audit and those unit owners that did NOT sign on will not incur the cost of it. 

I think that the unit owners that are anonymously complaining about the past BOD should PUT THEIR MONEY WHERE THEIR MOUTH IS.