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Sunday, September 8, 2013

WPA FINANCIAL AND LEGAL HISTORY HAVE AN IRONICAL TWIST

As the Wedgefield Examiner researched the history of the WPA financial reporting to residents we ended up with a walk through a history that touches finance and legal. It is ironical that sometimes facts collide and leave you asking how we allowed "this" to happen?  The facts are this, much of our recent financial and legal reporting have collided with fact, to land in the lap of our legal chair.  In  late 2009 the first assessments were sent with a $5,000 assessment per canal lot owner, and $125.00 increase to all lot owners, to cover the dredging.  A letter was sent in mass to members by what many later termed as the three Bobs.  The letter encouraged members to hold assessment funds relating to the dredging, and place them in Anderson bank.  Literally, 3 resident "Bobs" encouraged the general membership to withhold a portion of assessments approved by a public vote of the board.  What happens to people such as the three "Bobs"?  One "Bob" is elected to the board, and with this letter public to all, your president J. Walton, appoints him as legal chair.  The new legal chair "Bob" nominates a second of the letter writing "Bobs" to the legal committee.  Many on your current board vote to approve the second "Bob" to the legal committee.  We've seen the history of the financial reports.  For months and months we hear how our treasurers are working with legal to collect unpaid assessments.  Some are old, many are the members who followed the advice of the three "Bobs".  Now legal chair "Bob", backed by the letter writing "Bob" on his very legal committee, is working with the WPA attorney, seeking approvals to fund the attorney and court proceedings to collect the unpaid assessments from people who believed the letter writing "three Bobs".  How did you elect the "Bob" who is legal chair now?  How did you elect a president who appointed "letter writing Bob", as legal chair?  How did you elect board members who approved the second letter writing "Bob" to the legal committee?  Your president and legal chair are running for re-election to the board.  They are confident that once again you will over look their history.  They are so sure that no one else would run to fight against their re-election.  If you listened to the "Bobs" and now they are helping a board put liens on your home or foreclose, how confident are you that you can ever trust them again?  Sometimes we miss the boat and take bad advise.  When you miss the boat, know it, and promote those who mislead you, you could be guilty of blind trust.