CharlesW1 (Georgia)
Posts: 826
Posts: 826
Posted:
I was curious to know, does the board need to get an approval from the community (members) to give away multiple door prizes (visa gift cards). Basically the visa gift cards will be purchased with money (assessments) from contributing homeowners, while the give a-away is to entice any homeowner who submits a ballot.
Our governing documents states that all lots owners are eligible to vote, some of these homeowners havenât paid this year assessments and some havenât paid in previous years either. Hypothetically these homeowners could submit a ballot, either for or against (in order to become eligible for the drawing) and their name could be drawn, essentially winning the visa gift card.
As a board member (currently) I personally donât feel that this would be a wise decision IF the board proceeds forward. We have three board members presently, Iâm being out voted, the other two are in favor of having a door prize, give-away.
Do any of you have any suggestions? I would be interested in hearing what you all think of this process. Can the BOD legally give away money that members (in good standings) have contributed, (without a say) to homeowners who are currently delinquent? Should the board show this expense in this yearâs budget, as a line item? I hope this is making sense. I can provide additional information as needed. If this isnât clear, please donât hesitate to ask for more information.
I thank you all in advance for your opinions and/or suggestion as always.
Chuck W.
Our governing documents states that all lots owners are eligible to vote, some of these homeowners havenât paid this year assessments and some havenât paid in previous years either. Hypothetically these homeowners could submit a ballot, either for or against (in order to become eligible for the drawing) and their name could be drawn, essentially winning the visa gift card.
As a board member (currently) I personally donât feel that this would be a wise decision IF the board proceeds forward. We have three board members presently, Iâm being out voted, the other two are in favor of having a door prize, give-away.
Do any of you have any suggestions? I would be interested in hearing what you all think of this process. Can the BOD legally give away money that members (in good standings) have contributed, (without a say) to homeowners who are currently delinquent? Should the board show this expense in this yearâs budget, as a line item? I hope this is making sense. I can provide additional information as needed. If this isnât clear, please donât hesitate to ask for more information.
I thank you all in advance for your opinions and/or suggestion as always.
Chuck W.
Charles E. Wafer Jr.