Question:
Our board is spending money like 'drunk sailors' without getting the approval of the HOA. 1mm for new sidewalks that weren't broken. Yes some 'repairs' were needed, but, not all the walkways were broken.
Now they are spending $150k to pour a new tennis slab over the slab that was deemed non-repairable. Another $225k is slated for the other tennis court. How can we stop this spending? I don't believe this is any where near what could be called acting with fiduciary responsiblity.
Answers (4)
What are your thoughts on this topic? Please share your answers below. We ask that you remain respectful of each other, and be advised that responses are monitored.