New Management Co. and audit
It is true that the SSHOA Board of Directors voted to pursue a new management company to handle the affairs of the association. We recieved numerous complaints when the current management company required all yearly fees to be paid to a bank in AZ without permission from the board of directors. The board met and voted to accept bids from other management companies. After a lot of serching we found a company that we belive will provide as good or better service than the current management company. As for the audit this is being done as a requirment of the By-Laws and because we are changing management companies. The By-Laws give the Board of Directors the right to select a new management company when the board majority votes to do so. Yes I was the person that originaly sat on the board that selected Affordable HOA but their sevices have deminished and it has become evident to the current board that it was time to hire a new management company. The cost of the audit is factored into the yearly budget and we have not done one in several years so even if we were not changing management companies it is good business practice to routinly audit financial accounts. I hope this answers your questions.
It is true that the SSHOA Board of Directors voted to pursue a new management company to handle the affairs of the association. We recieved numerous complaints when the current management company required all yearly fees to be paid to a bank in AZ without permission from the board of directors. The board met and voted to accept bids from other management companies. After a lot of serching we found a company that we belive will provide as good or better service than the current management company. As for the audit this is being done as a requirment of the By-Laws and because we are changing management companies. The By-Laws give the Board of Directors the right to select a new management company when the board majority votes to do so. Yes I was the person that originaly sat on the board that selected Affordable HOA but their sevices have deminished and it has become evident to the current board that it was time to hire a new management company. The cost of the audit is factored into the yearly budget and we have not done one in several years so even if we were not changing management companies it is good business practice to routinly audit financial accounts. I hope this answers your questions.
