Barony Place I/Barony Place II

A shooting killed five at a Toronto condo board meeting on December 18. www.foxnews.com/world/gunman-opens-fire-toronto-condo-board-killing-five-second-such-shooting-a-week Rest assured that that will never happen at a Summit HOA board meeting. Why not? Because board meetings are off-limits for weapons. They are Gun-Free Zones. Everyone knows that a criminal will not enter gun-free zone; right? Does that make you feel better? Safer? Well, at least board members, committee members, contractors and HOA employees cannot be armed, according to the Procedures Reference Manual (Art. II, D, 1)). There doesn't seem to be any prohibition against legally-armed residents or homeowners showing up who could defend board members. Should the PRM be changed? Of course!

Why does the Board of Directors and in particular, the President and Treasurer, tolerate the simple errors that exist in the financial reports? Could it be that they don't even look at the financial reports? Or, if they do, that they don't understand them? Example: On Page 19 on the Minutes of the December 6, 2022 board meeting, there is a chart labeled "OERATING". It is in the section titled "Operating Expenses/Expense Statement". (OPERATING was spelled correctly in the previous month's Minutes.) A line explains "The Association continues to operate in accordance with the approved budget, except for the significant variances this current monthly budget, which are as follows:" For Parkway Lights, it's easy to see that the Variance is wrong. The Actual was $24 less than Budget. The chart is misleading by showing YTD. And last month the same Budget and Actual numbers produced a larger variance. It is impossible to compare YTD numbers when onl

You won't want to miss the Minutes of the December 6, 2022 HOA board meeting! Do you know where to find them? Go to www.summithomeowners.com . Then hover over RES,IDENTs and click on DOCUMENTS. Then click on Board of Director's Minutes. Then click on December 2022. The first worthless report of the Finance Committee you'll come to reads "The committee researched CD rates for CD's [ sic ] that are maturing. The monies being spent on projects have been previously allocated." That tells you a lot, doesn't it? Continuing scrolling down to Page 19, "Financial Summary and Variance Report" for 10 months (through October 2022). I've been questioning for months why the HOA has so much money in Operating Accounts. How about $634,144.53 ($64,366.46 + $1,001.34 + $323,557.66 + $245,219.07)? No one seems to think there is any problem with earning on 0.01% on $232,038.06 in one Reserves account. Look at Page 20 and the interest rates being earned on large