HOA Funds Expenditure

All

Our HOA is serviced by a private, for profit water/sewage company which is the only company available in our area. There have been major billing issues with the company and even some local politicians are threatening public action especially since when the company went to the Public Utility Commission (PUCO) for a rate increase which was turned down. Since then the company has been threatening a lawsuit to obtain a rate increase and several groups have been formed to "fight" them on this and other issues.

Several of our HOA Members are requesting the HOA use some funds (undefined how much) to particiapte in any legal action (undefined what type) as it is a concern to all of us.

I have said that while I do not like the water company's action and it is a valid concern to us all (myself included), and I might personally donate to such a cause, that the HOA should not participate in any action in any way shape nor form.

Your opinions?

Thanks

Does your HOA pay for the water or do the individual owners? This sounds like the making of a class action type suit. As the HOA would need to be represented by a lawyer in court proceedings is the HOA prepared to pay this legal fee in addition?

If this does turn into a class action suit then the people interested may be able to join the other party suing. They may want to contact that attorney office and see if they can as individuals/customers participate in that suit.