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5/29/2025 9:19:04 PM
 
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Section 5: OPA Board Subject: Another $1 Million Profit Msg# 1226027
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Joe:
if we had to replace the beach club tomorrow we have the money. Thankfully, that’s not the case. Regarding interest earned on our reserve money investments you might want to read resolution F0 1 at reserves. Pretty clearly agrees with my commentary. Marty |
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For reference, the above message is a reply to a message where: You do the math! Math is for calculating what might be. Read the 2012 Ringsdorf post I just posted to you. I will go with Gene’s explanation. By the way, where can one find the CASH in some interest bearing lockbox for the Beach Club depreciation collection for the past 55+ years? Must be one giant pile of money someplace after all those years of compounding interest. |
| Calendar |
OPA Board Meeting - Golf Clubhpuse
6/28/2025 - 9:00 A.M. |
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OPA Board Meeting - Golf Clubhouse
7/26/2025 - 9:00 A.M. |
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Annual Meeting - Assateague Room
8/9/2025 - 9:00 A.M. |