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March 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
Mike Curtis Responds
3/04/2009 9:00 AM
Facts:
PCM
attorney Cris Trapp and Finance Manager Janet
Price both confirmed in December 2008 emails that PCM
never disclosed payouts PCM
took from our treasuries.
Boards had no knowledge. Price wrote that
payouts averaged “$450,000 per year” since 1996.
Facts: United’s Occupancy Agreement was violated. Article 3 addresses excess assessments and requires that “all or any portion of the amount assessed and collected by the Mutual in excess of the amount required to meet the anticipated expenses … shall be applied by the board of directors of the Mutual, in its sole discretion, to reduce the anticipated expenses … for the next succeeding fiscal year of the Mutual.” Third’s CC&Rs have other specific restrictions. The full text of these documents can be found on our LVW web site.
| Facts:
Last week’s response, signed by members of
the United Board, was almost entirely composed
by PCM. Much
of the text came from Milt Johns’ December
2006 confidential writings to the boards when
he tried to justify PCM’s secret payouts.
If PCM’s payouts were legitimate and
honest, then why were no board disclosures and
approvals obtained over the years?
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Mr. Michael Curtis, Director Uited Mutual |
Facts:
United has spent more than $20,000 trying to stop my
access to records. They could have simply allowed me access as required by law.
What
do I want? I
want PCM of California, Inc., to pay back our money
with interest. It
totals about $10Million and should be returned to our
housing mutual reserves to lower assessments.
I
need your support!
Mike
Curtis
EDITORS NOTE: Mr. Curtis is no stranger to controversy. In a Quixotic-like manner he has been an outspoken critic of local governance and according to court documents, includes the filing of a defamation lawsuit against PCM, United Mutual and the Golden Rain Foundation after PCM went to great lengths to have him fired from his job as an engineer at Raytheon. The law suit was settled confidentially and to apparent mutual satisfaction
Mr. Curtis won election to a governing board at Laguna Woods Village on Oct. 8, 2008
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