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LETTERS
Sleepless
in Laguna
October
4,
2008
ZZZZZZZZZ"S ...........
Our Gen. Manager ( Milt Johns) was distressed and
fearful because he did not like what was said in an
e-mail. He has hired attorney Bill Harts firm to
handle it, so there goes more of our residents money
raising our assessments. Milt join the crowd, how
many seniors do you think have lost sleep when our
management fee went up 83% over the last few years (
$ 350,000 to over $600,000) How many seniors were
distressed and fearful when our chief financial
officer tells us that PCM has saved us millions of
dollars but our assessments keep going up. Where did
the millions go?
Who knows, surely not
to lower assessments. How many seniors lost sleep
when they learned about thousands upon thousands of
dollars on credit
cards and reimbursements expenses for lunches,
dinners, parties, birthday parties, gifts, and etc.
The shame of this is that the residents did not even
know these cards existed. These same cards are the
ones that Milt Johns said were to be used for
emergencies only. How many seniors are distressed
and fearful when they found out about PCM
giving themselves an incentive bonus plan that
the residents nor our boards knew nothing about.When
you read all of this it kind of answers the
question. Why
are assessments going up? It's hard to
believe that PCM (Milt Johns) is managing
Laguna Woods Village efficiently. I believe that if
we stick with Milt Johns (PCM) managing style we
will suffer profound and lasting harm financially.
It is time now for residents to work together for a
more efficient managing system that puts the
residents first and that honors our ideals of
integrity,
transparency, accountability and freedom of
choice.
Robert Zuzak
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