Another attempt to rig the Board Election

Change My Mind Meme | The nominating process is rigged in favor of "insider" candidates | image tagged in memes,change my mind | made w/ Imgflip meme maker

Election season is here again and already the Board and Nominating Committee are up to their old tricks.  Here's a link to a post I did on last year's election. Most of my analysis remains relevant.

In my view, there are already four strikes against the slate proposed by the Nominating Committee:

1.    No choice is offered to the Owners. The unelected Nominating Committee has made the decision for the Owners.

2.    One of the members of the Nominating Committee had a conflict of interest and should have resigned from the committee. There is no way to recuse yourself from the Nominating Committee if your spouse is under consideration. This is Corporate Governance 101.

3.    Petition candidates have until October 29 to submit their petitions, but the website is already replete with campaign material for the insider candidates.

4.    The Board is sending out the ballot on November 3--four days BEFORE the candidate forum on November 7. The Board will point to the By-Laws, which require the ballot to be sent out within five days of the deadline for petition candidates (i.e., November 3). But you should consider two things: (1) the Board had the chance to fix this timing when they recommended about 100 changes to the governing documents earlier this year but were too busy seizing power from the Owners instead and (2) there's no reason the candidate forum couldn't be held during the October 30-November 3 period (actually, releasing the ballot the evening after the Candidate Forum makes sense to me).

In any event, we have yet another stacked deck. Fixing the nominating process is a project for another day. The immediate issue is whether a petition candidate will emerge who will present a vision for the Club that may differ from that of the secretive, insider-dominated Board. Stay tuned!  

Comments

Post a Comment

Popular posts from this blog

Seawall Settlement: Promises made--promises kept?

As noted in two recent posts ( here  and  here ), there are a number of issues involved in the seawall settlement known only by the Board and the 12 Owners who have sued the Club. A video exists of Keith Wandell making an unequivocal promise to submit any settlement relating to the seawall to the Owners for a vote. Fortunately, the By-Laws empower the Board President to call a special meeting of the Owners--with or without the concurrence of the Board. Here are some things to ponder: -     No details on the settlement have been made available to the Owners. -     The Owners are already on the hook for the 1/3 of the J-Lot seawall owned by the Club. The settlement will deal with how much of the remaining 2/3 of the costs are paid by the Club. -       There are three types of costs involved: (1) past maintenance and repair costs; (2) the reserve for future maintenance and repair costs that should be established; and (3) future...
Read more

No excuses. A correction and an apology.

When I arrived at the United States Naval Academy on June 30, 1969, I was told that you can make it through life with five "basic responses": (1) yes, sir; (2) no, sir; (3) aye aye, sir; (4) I'll find out, sir; and (5) no excuse, sir. Fifty three years later I need to revert to my basic responses. On Saturday night, I published a post stating that the Board's statement at the annual meeting that the Third Quarter Financial Results had been published was a "lie." In fact, the Third Quarter Financial Results had been published, but were mis-labeled. In any event, an administrative error is not a "lie." I was wrong to refer to the administrative error in posting the Third Quarter Financials as a "lie" and wrong to use a sarcastic post to do so, and I have no excuse for making that post. I unreservedly apologize for the post. It was premature and unfair and I very much regret publishing it. I have deleted the post, but this post will remain o...
Read more

The Board Announces New Assessments

On Monday, November 29, the Colleton River Club Board announced increases in assessments and fees for both the Owners and Invitational Program ("IP") participants. For 2022, the annual assessments will be: Full Members:                  $23,565 Lifestyle Members:          $15,874 IP (Local):                        $18,000                   IP (National):                   $14,625 The assessments for Full and Lifestyle Members do not include the $20,000 assessment approved for the amenities in March 2021. Owners who elected to pay the special assessment under the five-year installment plan will pay an annual assessment of $28,015 (Full) or $20,324 (Lifestyle). Please recall that IP participants do not pay special assessments. Here are some fun facts: Full Dues (2017): ...
Read more