Assess­ment post­pone­ment not enough

The Weekly Vista - - News -

I think the POA did the right thing post­pon­ing the assess­ment vote till 2019, but it won’t change how I and a lot of other peo­ple feel about the ex­ces­sive spend­ing that has been go­ing on the past cou­ple of years by the COO with ap­proval by the board and the out­landish cost of the new pro­posal for a com­mu­nity build­ing. A post­pone­ment is not enough.

I am sure the POA Board has been fol­low­ing the

Weekly Vista let­ters to the ed­i­tor which are full of mem­bers let­ters against the ex­ces­sive spend­ing and against the new assess­ment.

The peo­ple I talk to are up­set that the board has al­ready given tacit ap­proval for the Com­mu­nity Build­ing project and the plan to put up the assess­ment money we will pay as col­lat­eral for that project. Col­lat­eral is a pledge as se­cu­rity for a loan to be for­feited in the event of de­fault. I do not agree that this is a wise fi­nan­cial move for Bella Vista.

Hope­fully, this de­lay in the assess­ment vote may be a sign that the board is com­ing back to its senses and will ac­tu­ally be­gin con­sid­er­ing our cur­rent and fu­ture fi­nan­cial well-be­ing which I think is to­tally go­ing wrong at the di­rec­tion of the COO.

Sim­ply de­lay­ing the vote will still not get my vote. It must be more than that.

Jay Soule Bella Vista

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.