Day: April 6, 2020

The disservice to the Aquarina Residents continues with the non-elected and “appointed” candidates to the Board of Directors. Anyone, that espouses and participates with the current and now known future Board, submits themselves into the devil’s den, where “transparency” with the AGI financials continues to be Board ignored. The current Board President’s use of the alleged attorney opinion of not requiring transparency with AGI funds, is used as justification for this non-transparency.  As has been discussed on this Blog many times, and which now has become a Resident’s lawsuit against the Board to force AGI financial disclosure, the Board refuses to provide the detailed financials of AGI.  By Florida HOA Statute, All Residents’ funds spent are subject to disclosure to the Residents, i.e. from a penny to thousands of dollars, especially upon request,which has been denied.

The irony here is that the Residents fund AGI with 100’s of thousands of dollars every year.  Anyone who serves on the Board, and who remains silent on this financial abuse or agrees with this alleged attorney opinion, has taken the side of the current Board cabal, and its selfish and undisclosed use of the Residents’ funds. Whatever a candidate says or does is muddied by this Board’s transgression of non-transparency to the Residents, which makes each silent Board member complicit.  

Remember, a Board for a Community, has a fiduciary responsibility to all the Residents with the Residents’ funds. Why would a Board seek an attorney opinion to avoid and circumvent this fiduciary responsibility?  It is so blatantly obvious that there is spending occurring that is known to be disputably wrong, and untoward means have been created to hide this arguable transgression. BTW – the alleged attorney opinion to not disclose has never been revealed, even when there is a request for its existence.

A last word, the current Board and soon the new, yet in essence, same Board, has been emboldened to do what it wants, i.e. carry out their own selfish agenda with the Residents’ funds, regardless of the fact that this agenda serves a few and not the whole of the Aquarina Community, and, unfortunately, the Board’s self-serving behavior is encouraged by Community complacency and maybe denial. The Board knows this, and will continue with its unhindered and selfish policies, smiling among themselves in self-satisfaction and smugness.  

It’s obvious, from the candidates for the Board of Directors, that all were, as their submitted self-summaries attest, advocates of the previous Board’s policies and behaviors, i.e. where Board “Developer” actions take precedence over Board “whole Community” actions.  Vacancies for the four Directors will be filled with the four only candidates, who obviously were selected and groomed by the previous Board majority.  No election is required. The agenda of “Developer” projects the new Board will tout for the Residents will not be for the whole Community, but for the Board and its disciples and acolytes. Maintenance, repair, and reserves, which serves the whole Community, and is the Board’s fiduciary duty, has been continually neglected for, instead, Board “Developer” projects, i.e. golf, and AGI subsidies for parties and events.

The once and previous Community Pool, was taken away by a previous Developer for selfish reasons. Will this occur again?  Not one candidate mentioned the Community Pool, which is the biggest project Aquarina would have for the WHOLE community in decades.  A signed agreement is in place for the deposited funds, about $350,000, for the pool to be done. This is an exciting event for the whole Community.  All Residents would benefit from the pool, even if some did not use it, since it would become a whole Community attraction.  Certainly the pool would be the most popular amenity other than maybe the Beach Club House area. Yet not one word from the four candidates about them looking forward to it, supporting it, and making it a priority to have it completed as soon as possible.  Not one word.

Instead, these candidates proclaimed how great the current Board has been, and how they hoped to continue its agenda, i.e. the agenda that recklessly spent our funds on selfish and “Developer” focused projects. Trust me, they’re salivating on that $350,000 sitting in our bank account. Other than the pool, the focus of our Board of Directors should be, foremost, maintaining the existing community it serves, and building reserves to repair and replace our amenities and infra-structure. We have a wonderful opportunity with the pool and its ready funding, but not one word of its existence from the candidates. Why? It could be because of a Board “Developer” agenda for self-serving spending rather for whole Community spending, and the taking of our $350,000.

If this signed for and promised Community Pool is Board ignored, it will be the hardest slap in the Residents’ faces yet.  This Pool can be a great way to bond the whole Community.  Weekly or bi-weekly announcements on the Pool’s progress would create a Community commonality of anticipation for this new pool amenity, though once taken away, it will now be returning. A rendering of the coming Pool and its Pool area could be displayed at the Community Club House, and this rendering emailed to the Residents. The Pool will uplift the whole Community, and it would be the best action for the whole Community the Board ever accomplished.

Next Post – the failure of the four current Board majority’s groomed and selected Board of Director candidates.