Re: Fiduciary Responsibilities - Taking Care of the Community | <– Date –> <– Thread –> |
From: Mariana Almeida (missmgrrlyahoo.com) | |
Date: Thu, 5 Jul 2012 12:17:57 -0700 (PDT) |
Hi Norman, You mentioned: > Our membership is uncomfortable with the Board making unilateral > decisions and is not willing to give the Board leeway to act in the > best interests of the HOA Can you give us more details? Is the issue about delegation of power to a board? And lack of trust that this board will act in the best interests of the HOA? We have a 14 unit community where the board is the whole membership, so we don't have this issue. For weighty matters related to the CC&Rs or money, everyone weighs in. Thanks, Mariana Berkeley Cohousing in Calif >________________________________ > From: Norman Gauss <normangauss [at] charter.net> >To: 'Cohousing-L' <cohousing-l [at] cohousing.org> >Sent: Wednesday, July 4, 2012 10:24 AM >Subject: Re: [C-L]_ Fiduciary Responsibilities - Taking Care of the Community > > >With only 15 households, that is much easier to do than when a community has >36 households. Some of our members don't even live here. Their units are >leased out to tenants. Some of our tenants attend business meetings but are >not allowed in the decision making process of financial issues. We would >have great difficulty in making the entire community a fiduciary body. >There are even confidential decisions affecting individual members that must >be made in closed session. > >Norm Gauss > >-----Original Message----- >From: oz [mailto:oz [at] ozragland.com] >Sent: Wednesday, July 04, 2012 9:59 AM >To: Cohousing-L >Subject: Re: [C-L]_ Fiduciary Responsibilities - Taking Care of the >Community > > >Many cohousing communities, Songaia included, have a board which includes >every adult member of the community - so the board and the community >membership are one... > >On Wed, Jul 4, 2012 at 9:40 AM, Norman Gauss <normangauss [at] >charter.net>wrote: > >> >> The whole community does >> not have fiduciary responsibilities for its members and cannot be held >> liable for negligence or purposely making decisions based on personal >> preferences of a few members. >> >> The Board of Directors, being a fiduciary body, legally cannot let >> personal interests of its members be a basis for its decisions. It >> must have the welfare of the community in mind rather than the welfare of >its members. > > > >> Our membership is uncomfortable with the Board making unilateral >> decisions and is not willing to give the Board leeway to act in the >> best interests of the HOA. >> >> Does this type of conflict exist in other cohousing communities? >> >> Norman Gauss >> Oak Creek Commons >> Paso Robles, CA >> >> _________________________________________________________________ >> Cohousing-L mailing list -- Unsubscribe, archives and other info at: >> http://www.cohousing.org/cohousing-L/ >> >> >> >_________________________________________________________________ >Cohousing-L mailing list -- Unsubscribe, archives and other info at: >http://www.cohousing.org/cohousing-L/ > > >_________________________________________________________________ >Cohousing-L mailing list -- Unsubscribe, archives and other info at: >http://www.cohousing.org/cohousing-L/ > > > > >
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Fiduciary Responsibilities - Taking Care of the Community Norman Gauss, July 4 2012
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Re: Fiduciary Responsibilities - Taking Care of the Community oz, July 4 2012
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Re: Fiduciary Responsibilities - Taking Care of the Community Norman Gauss, July 4 2012
- Re: Fiduciary Responsibilities - Taking Care of the Community Mariana Almeida, July 5 2012
- Re: Fiduciary Responsibilities - Taking Care of the Community Norman Gauss, July 8 2012
- Re: Fiduciary Responsibilities - Taking Care of the Community Mariana Almeida, July 8 2012
- Re: Fiduciary Responsibilities - Taking Care of the Community Sharon Villines, July 9 2012
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Re: Fiduciary Responsibilities - Taking Care of the Community Norman Gauss, July 4 2012
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Re: Fiduciary Responsibilities - Taking Care of the Community oz, July 4 2012
- Re: Fiduciary Responsibilities - Taking Care of the Community David Clements and Evan Richardson, July 5 2012
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