SidneyP (Florida)
Posts: 302
Posts: 302
Posted:
I just received the accounts receivable from the treasurer today. What I found was that the President was on the delinquent account list. HO's pay semi annually (Jan1/July1) She has not paid the July dues and so far Jan's (late Jan31st)....My question to you is: Can she remain on the Board, chair meeting and vote on Budget and handle other HOA business. The President of all people know we ran out of money to pay our bills last April and again this Nov. (we had $242. in our checking account Oct 31st bank statement). When 2008 dues started coming in, that is what was used to pay the Nov/Dec. exspenses. Therefore, we are already starting out in the hold. As posted in another post I have stated that we had over $20,000. in delinquent accounts. Now I find out the President has been part of our financial troubles. What I also saw, was that she was not charged late fee, interest or even being considered for a lein. She has not be treated as other HO's that were also delinquent.
Is there anything we can do. Can she still remain on the Board and carry on all functions as the President?....Please don't say recall..that's a joke w/only four HO's showing any interest at all w/our comminity.
Is there anything we can do. Can she still remain on the Board and carry on all functions as the President?....Please don't say recall..that's a joke w/only four HO's showing any interest at all w/our comminity.