In August of this year, the developer contacted the POA regarding the pending land/lot liquidations in order to give them a “heads up.” (1a) Awaiting more details, the board elected to withhold that courtesy from […]
Just when it seems that discussions regarding out of control spending and food and beverage issues seem to be exhausted, new directions taken by management and the board prompt further thoughts from this author. That […]
Even though leadership has been unable or unwilling to provide property owners with a reason for the escalating F&B losses, the POA board , as was speculated, (1) is moving forward with a $160,000 redesign […]
It is commendable that the POA President has sought to “clear the air” in the August edition of Smoke Signals by presenting leadership’s rationale behind several recent decisions. Unfortunately, the narrative regarding the Creek Nine […]
As propaganda continues to be generated around the community by leadership and others in justification of the redesign and/or renovation of our community’s golf courses, there are also a number of valid reasons to delay […]
By now probably everyone, management, leadership and property owners alike, openly acknowledge that Big Canoe food and beverage is stacking up unreasonable and unacceptable losses. What has not been defined is the source of the […]
…..the most obvious source of financial woes presently, continues to be Food and Beverage. F&B losses through April already exceed budget 80k……. With F&B on target to lose 650-750k in 2019, our POA board has determined….. […]
What is the $192,739 reduction in equity since year end 2018, and where exactly did it go? This question was asked in my previous editorial, and leadership quickly took the opportunity at the April board […]
Kudos – to Administration and the Operating Departments for making budget for January 2019. Hopefully this is a trend that will continue throughout the year. Net income for the month represents an improvement of $84k […]
Flashback – Three years ago to February 2016. The Big Canoe Property Owners Association was in the midst of a $9.4 million dollar, 700+acre land purchase deal from the developer subject to property owner vote. […]
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