A couple of random thoughts
It's raining out and I thought it would be a good time to read the minutes from the June and July Board meetings. Oops! Neither is posted. Apparently the Board didn't see a need to hold its August meeting, so they wouldn't have had a chance to approve the July minutes. No word on why the June minutes are missing in action. The June 30 financials have recently been posted. Just for fun, I looked up Exxon and Apple and both of them report earnings within 30 days after the end of the quarter. Who knew we were so much more complicated? I'll comment on the financials below. I was curious about the Board minutes because the Board had apparently found that their duties of care and loyalty required them to trade a marsh lot for a pretty horrible lot. I was hoping to learn why giving an owner a lot that is probably worth over $250,000 in exchange for a lot that is clearly worth much less is in the best interest of the 570-odd owners of the Club. I guess I'll have to wait to ...