I recently attended a board meeting for my rather large condo community (I just moved here) We have a man who seems to wear an awful lot of hats; he is the manager of the community, the owner of the landscape maintenance company we hire, and also owns close to 10% of all the units in the complex. His units are grandfathered in, so he is allowed to rent them, while others are not. We are paying his company close to one third of our entire monthly budget. The amount seems quite high to me. I wanted to ask whether this contract is put out to bid annually, but it would have been awkward since he was sitting at the table with the executive board. This all seems a little too cozy to me, but I am not familiar with the law to know whether there is any conflict of interest involved here. It does make me very uncomfortable however.
