Sunday, February 11, 2007

Is La Marina prepared for the March Assembly?

As the March meeting approaches there are many issues that have arisen or are on-going. Hopefully, many owners will offer some words of wisdom regarding some of these issues. I have some observations and some questions.

It seems that in every newsletter and every other email some one feels compelled to point out how much the pool is being used, how warm it is, how safe it really is, etc., etc., etc. Questions: Since it is the only pool available, what other pool could people use? Why is there such a need to put a positive spin on the assets of the new pool? Why are there so many different versions of what happened at last year's meeting regarding financing the pool? Why is the 1:1 assessment approved at the meeting and carried out by the administration (after many owners challenged the legality of it) being brought up again?

The meeting in November was established as the new "annual assembly" and the up-coming March meeting was billed as a follow-up to complete unfinished tasks such as the legal situation and considering the annual budget that was passed with the stipulation that it be carefully reviewed and revised as necessary. Questions: Why does the agenda include items such as a return to a single administrator rather than the Administrative Council that was approved in accordance with legal counsel in November? Why was the revised budget that was vigorously researched by the Finance Committee and submitted by the Treasurer not provided to the owners with the agenda?

For the last two years, substancial budget overruns have been buried in misleading financial reports, downplayed, minimized and/or blamed on an owner's dispute over illegal assessments. Do owner's understand that not having any reserves is illegal? Is everyone prepared for the nearly 30% increase in the monthly assessment in the budget that was passed in November? Does everyone realize it is actually more than that because previously the property tax was part of our assessment and now it is our own responsibility? Without changes in how things are run at La Marina will we continue to pour money into it while elevators routinely break down, electrical wiring and plumbing deteriorate and we receive fewer and fewer services for our money?