JANUARY  2009 

We do not make jokes, we simply watch the LA Times, the Orange County Register and CID/HOA board of directors and report the facts

LETTERS

Laguna Woods Village - CHANGE

 

Posted by: CotoBlogzz  | 12/13/2008  10:00 AM   

CHANGE

The whole Country is demanding CHANGE in the way BUSINESS is being conducted and MONEY is being spent, and Leisure World/Laguna Woods Village is no exception.

Professional Community Management (PCM) for decades has been the Managing Agent of Leisure World/Laguna Woods Village a Common Interest Development.

 

The Management Contract between PCM and each of the four corporations of LWV is a COST PLUS CONTRACT where LWV pays ALL the Wages, Health, Life and Unemployment Insurance, Social Security, 401-K, Retirement, housing, supplies, etc., for over 775 full time and numerous part time employee’s. This CONTRACT must be CHANGED, we homeowners can no longer afford to pay for ALL of PCM’s expenses, nor should we.

 

The LWV 2009 Budget is Ninety Five Million, Three Hundred Fifteen Thousand, Nine Hundred Seventy One Dollars ($95,315,971). All over this Country Corporations are cutting their workforce and their Budget; however Leisure World/Laguna Woods Village budget increased by $1,732,446 and Ten (10) additional employees were hired by PCM.

 

The increases in the budget and employees must stop. Our boards must change the Contracts and cut the Budget. We in Leisure World/Laguna Woods Village are also in the country’s RECESSION. No more open check book for PCM. Have you ever heard of one corporation paying for ALL of another corporation’s expenses?

 

When are the Boards and "Hart, King and Coldren" going to sign a Management Contract that is in the best interest of the homeowners they represent?

 

Every Homeowner should contact their boards and GRF and demand these contracts be changed.

 

NOW is "The Time For Change." - Noni and Corkey Eley

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