Sunday, May 15, 2011

Re: [SCBuzz] Re: SCSCAI Taken Over a Second Time!!!

Don Gelbman; poor management is the direct results of the lack of oversight by the past Boards. The Board or a owner of a business with roughly $4 mil in revenue & LOSSES of $2mil, equaling $6mil in negative cash flow would be insane to continue in the same direction. My point is the Board has failed the reality of math, they have failed to provide the accountability that a basic Business Plan provides therefore they have failed in leadership and oversight of this Sun City.

It would be a shame to make a judgement as to the best interest of the membership based upon dysfunctional Board members that are subject to bend with the wind. Like I have said before many concerned member homeowner have petitioned for a Business Plan in the past only to be ignored, WHY? Until the practice of  Management by Committee and co-mingling of funds is rectified there will be continued LOSSES. I hope there would be consideration for intelligent business procedures before altering Sun City's assets and lifestyles.

Don, these are my observations and view points and meant to provide constructive alternate to the closure dialog. 

Dwain A. Kramzar




On Sat, May 14, 2011 at 1:29 PM, drgtrustpl <drgtrustpl@cox.net> wrote:
 
Dwain:
It is not lack of oversight that will cause the closing but the loses in the past were probably mostly because of poor management. The problem now is lack of leadership. We simply don't need 3 golf courses for our members. It would be in the best interest of the members to utilize the open land in a manner that will be used in the best interest of the members. That is what Sun City Summerlin is suppose to be all about.
Don Gelbman, Director


--- In SCBuzz@yahoogroups.com, Dwain Kramzar <dkramzar@...> wrote:
>
> Don G/Bob P;
> It would be insane to close any of Sun City's golf courses because present
> and past Boards failed to provide proper oversight. The past thirteen years
> I have observed management by committee that has provided the same results
> year after year, continued LOSSES. Professional business practices would
> have utilized a Business Plan and not allowed co-mingling of funds,
> therefore providing accountability to the membership.
>
> Many concerned member homeowner have petitioned for a Business Plan in the
> past only to be ignored, WHY? Until the practice of Committee Management and
> co-mingling of funds is rectified there will be continued LOSSES.
>
> Dwain A. Kramzar
> 702.838.5049
> My Sun City Summerlin-BLOG<http://daksplace.blogspot.com/2011/05/conversation-prior-to-5911-bod-meeting_13.html>

>
>
> On Sat, May 14, 2011 at 11:22 AM, drgtrustpl <drgtrustpl@...> wrote:
>
> >
> >
> > Bob P:
> > I don't think that is what will happen. *From what I hear at the Board
> > meetings I believe one or more golf courses WILL be closed as required.*The problem is that like all our boards they will do nothing until
> > absolutely necessary and then they will screw up how they do it.
> >
> > With the slow Las Vegas recovery the nature of SCSCAI's finances is in the
> > process of permanently changing. There will be a large renter population
> > with the owners being businesses or individuals who only care about the
> > bottom line. *We should be shaping SCSCAI now to prevent losing what we
> > all bought into but WE ARE NOT.* It is only a matter of time and if we
> > don't get smart very soon we will not have the ability to protect our way of
> > life.
> >
> > House values were never determined by our dues or how we ran this place. We
> > should never have been talking about that and wouldn't if the Realtors
> > (McCanna, et al) didn't have their own Agenda.
> > Don Gelbman, Director
> >
> > --- In SCBuzz@yahoogroups.com, BobEmInc@ wrote:
> > >
> > > Don Gelbman - Don with all you say I just wonder if the Sun City
> > Summerlin
> > > residents fully realize that the Board has agreed by their actions and
> > > inactions that the SCSCAI financial losses can well go into the millions
> > as they
> > > have, with a 20 to 30 million dollar figure being discussed. What does
> > > this mean - - - it means as with several other HOAS, that when the losses
> >
> > > become too much to have the SCSCAI seniors continue to cover the losses,
> > then
> > > the Board may very well look to recover the losses they now care little
> > about.
> > > In recovering the current losses of near $16,000,000 since Del Webb left,
> >
> > > that would mean an assessment to each SCSCAI homeowner of near $2,056.00
> > a
> > > home. I guess the Board and the residents feel they can easily pay that
> > > assessment. Did I hear that SCSCAI is managed out of hand????? WAKE UP
> > > FOLKS, and lets buy the Board an alarm clock to wake
> > > them up also!!!!!
> > >
> > > My best to those who care little for the SCSCAI seniors!
> > >
> > > Bob
> > > Passmonick
> > >
> > > P.S. Being SCSCAI has thrived on honesty as noted by the Board, then
> > > lets inform
> > > purchasers of these financial facts, and just imagine what this
> > > would do to
> > > resales!!!!!
> > >
> > > In a message dated 5/13/2011 11:13:36 PM Pacific Daylight Time,
> > > drgtrustpl@ writes:
> > >
> > > > Subj: [SCBuzz] Re: SCSCAI Taken Over a Second Time!!!
> > > > Date: 5/13/2011 11:13:36 PM Pacific Daylight Time
> > > > From: drgtrustpl@
> > > > Reply-to: SCBuzz@yahoogroups.com
> > > > To: SCBuzz@yahoogroups.com
> > > > Sent from the Internet
> > > >
> > > >
> > > >
> > > > Bob P:
> > > > This Board has no intention of doing anything about golf and restaurant
> >
> > > > losses until forced to. The membership is not only being forced to pay
> > for
> > > > things that are of no benefit to them but many are getting richly
> > rewarded
> > > > for nothing and even more are cheating their neighbor. Everyone on this
> > chat
> > > > line knows that and in time with some luck everyone will know. I am not
> >
> > > > sure what is available to force a showdown but I am sure that whatever
> > it is I
> > > > will find a way to use it.
> > > >
> > > > In the past as you have told everyone the Board was able to control by
> > > > threats and phony actions. Friar and Factor found out what that means
> > when 4
> > > > employees ripped us off with phony charges arranged by the then ED.
> > > >
> > > > Robey was able to avoid any such problem because I was always available
> >
> > > > and often prevented false accusations like the one President Post tried
> > to
> > > > foster.
> > > >
> > > > Now I am their problem and I look forward to the fight. What I couldn't
> > do
> > > > as an attorney I may be able to do as a Director. At least I hope so.
> > > > Don Gelbman, Director
> > > >
> >
>

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    Dwain A. Kramzar
    702.838.5049

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