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Here, although I suspect there is another side to this story, I will propose
something more effective for you:
PETITION FOR SPECIAL MEETING
Due to the Board's mismanagement of our funds, we have just learned of a 10%
increase to our fees. Is this increase necessary? We do not know! Only
after seeing a new budget and a new balance sheet can we be sure that our
money isn't being wasted or misused. Unfortunately, the Board refuses to
distribute these documents.
California law requires that the Board must submit a pro-forma budget in
full compliance with Civil Code §1365(a) no earlier than
March 1, 2005 and no later than May 1, 2005, and must inform you, by first
class mail, of any assessment increase no earlier than 30 and no later than
60 days before it becomes effective, and the budget must show a
justification for the increase.
Here is some evidence that our funds are being misused:
* The Board has paid $6000 in attorney fees to...the president of the Board!
* The Board has decided to pay $12000 for health insurance to the property
manager, a fee which most associations don't pay and we have never had the
need for before.
Without these and other needless costs, there is no reason for any fee
increase whatsoever.
It is up to us, the membership, to provide the checks-and-balances required
to prevent waste and mismanagment. Please exercise your rights and duties,
and attend the special assessment meeting on January 17, 2006. If you
can't attend the meeting, please sign and return the attached proxy.
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Re: Where is due process you HOA Bolsheviks.
