![]() ![]() ![]() Section 5: OPA Board Subject: Swim/Racquet Marina Msg# 155742
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I errored in mentioning the $2,000,000 error - the error is $1,188,000 to be exact. I did not do my own due diligence. I apologize to all readers for overstating the understatement by Design Atlantic. Nonetheless, the point is there something wrong with at least those numbers that are being used for decision making within OPA. |
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For reference, the above message is a reply to a message where: I admit that I may have gone off the deep end in some of my discussions on capital management. However, the fact the you nor most your readers may not understand the details of managing capital expenditures does not make my questions or suggestions irrelevant. To the contrary, if OPA is about to embark on major capital expenditures for the first time, then property owners should expect that OPA can manage those costs as well as they manage operating and maintenance costs. Now there is a scary thought. Well, I believe you need to address the issues in a somewhat less technical manner to get the ears of the community. For example, pointing out a $2 million error in math is something most people understand quite quickly. Have you pointed this out to the board? Will you point out the error and your other concerns at the meeting on Wednesday night? I also believe more people would be more intersted if you were not participating under a screen name. |
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