RandalR (Tennessee)
Posts: 98
Posts: 98
Posted:
Has anyone ever had their HOA turn over their recreational assets (i.e. pool/tennis) to a third party to manage it for them?
If you have, how did it work and is it working out?
Did your entire neighborhood have to approve the lease/sale or just the Board?
We just caught our Board secretly negotiating with the YMCA and offering to lease (give?) them our recreation area in exchange for them taking over the management of our pool! Running the pool and keeping 6+ acres mowed has been a costly proposition and hassle through the years but within our resources and budget. The Board's plan was to spring it on the membership in attendance at the annual meeting in January and ask them for the authority to complete the negotiations and sign the lease. Essentially how ever many show up at the annual meeting constitutes a quorum and attendance is usually only 25 households out of 263 which makes it easy for them to slant the voting just by making sure enough of their friends show up. Being exposed has forced them to put out a preliminary statement about the proposal but there is nothing about what's actually being proposed. They also completely revised the Bylaws to allow them to sign leases for the neighborhood and control the nomination process for future Board members. Just to make the story even more interesting, an attorney that's on the Board is the one that approached the YMCA and now he supposedly is going to be the Y's attorney for the transaction. Talk about a conflict of interest!
If this isn't enough to wake up the community to the dangers of having a Board that holds their meetings in secret then all hope is lost and those of us that care should be finding better neighborhoods in which to live.
If you have, how did it work and is it working out?
Did your entire neighborhood have to approve the lease/sale or just the Board?
We just caught our Board secretly negotiating with the YMCA and offering to lease (give?) them our recreation area in exchange for them taking over the management of our pool! Running the pool and keeping 6+ acres mowed has been a costly proposition and hassle through the years but within our resources and budget. The Board's plan was to spring it on the membership in attendance at the annual meeting in January and ask them for the authority to complete the negotiations and sign the lease. Essentially how ever many show up at the annual meeting constitutes a quorum and attendance is usually only 25 households out of 263 which makes it easy for them to slant the voting just by making sure enough of their friends show up. Being exposed has forced them to put out a preliminary statement about the proposal but there is nothing about what's actually being proposed. They also completely revised the Bylaws to allow them to sign leases for the neighborhood and control the nomination process for future Board members. Just to make the story even more interesting, an attorney that's on the Board is the one that approached the YMCA and now he supposedly is going to be the Y's attorney for the transaction. Talk about a conflict of interest!
If this isn't enough to wake up the community to the dangers of having a Board that holds their meetings in secret then all hope is lost and those of us that care should be finding better neighborhoods in which to live.