One of the reasons I decided to run for the HOA Board, is
the high financial loss of the Shadows restaurant which amounted to $468,000 in
2012, and continued in 2013.
In 2008, Pulte, the developer, hired PCM to manage our
Association, and on January 1, 2012, the HOA Board transferred the management
responsibility of the restaurant from Billy Casper to PCM, by signing a $36,000
a year agreement.
At the end of 2011, our community experienced the non-budgeted
expansion of the restaurant’s kitchen facilities and the failed attempt of the
restaurant expansion plan at an estimated cost of $700,000, when residents protested
and opposed the proposed project and the lack of community involvement in the
decision to use excess funds without their approval.
Under PCMs management, the excessive financial losses of the
Shadows Restaurant continue and the restaurant has also lost the support of the
community. Over the years PCM has made attempts to improve the restaurant by
hiring consultants, highly paid managers, purchased an $84,000 sales software
and the expansion of the kitchen, without success.
The HOA Board seems very content with the present situation
and they have signed a new contract with PCM, effective January 1, 2014, to
continue the failed management of the Shadows restaurant, which I firmly
believe is the wrong decision.
As I stated to the HOA Board in one of the recent Community
Forums “ In the real world, a company who gets paid $36,000 a year to manage a
business that looses $468,000 a year, gets fired”.
I think it is time for change. It is time to restore common
sense, accountability and fiscal responsibility, and the only way things are
going to change in our community is if the community elects candidates that are
committed to change.
Joan Dzuro and Judi Kleckner agree with me, on the need to
improve our community.