Mr. Rigsbee:

I am still waiting for your response to my post, and I believe other homeowners are also eager to hear from you. YOU OWE US THE ANSWERS.

Lisa
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According to CCHOA?’s Bylaws, Page 6, the duties of the Treasurer are supposed to receive and deposit in appropriate bank accounts all monies of the Association and shall disburse such funds as directed by resolution of the Board of Directors; shall sign all checks and promissory notes of the Association; keep proper books of account; cause an annual audit of the Association books to be made by a public accountant at the completion of income and expenditures to be presented to the membership at its regular annual meeting, and deliver a copy of each to the members.

Mr. Rigsbee:

Have you fulfilled the above duties as a Treasurer? If you have, what kind of work have you left for your part-time assistant/bookkeeper to do to deserve a compensation of $66,515 in 2003? Why is this part-time bookkeeper, Terri Giles?’s pay even higher than a full-time accountant?

Now is already February 2004. Where is the annual audit of 2002? Aren?’t we supposed to receive it 12 months ago?

How could the Association have Office Equipment Lease and Office Supplies Expenses if the Association does not even have an office of its own? Why did you continue paying Bradley Development?’s expenses with our hard-earned money?

5919 La Crosse is Association?’s property. Part of this building was rented to Circle C Caf?© & Catering. Where is our rental income? Who has pocketed our rent?

Why our hard-earned money is still being used to pay Gary Bradley?’s utility bills?

Why did you and the other two Directors charge us $55 per hour for the Voluntary Duties?

Mr. Rigsbee, I am ready to say GOOD-BYE to you next month, and I hope other homeowners would do the same!

Lisa Sun