Transparency
"Community associations often tell owners that transparency is a cornerstone of good governance."
That was the lead sentence is the CIAMBA SubStack email today about "the 175 East Delaware Place HOA inside the former John Hancock Center." That HOA is in Chicago.
Has The Summit's HOA's Board ever talked about the importance of transparency? Have they done more than just "talk about it?
What could they be transparent about?
- The $126,351.61 moved without Board vote from Reserves to an "investment" in an Annuity (on whom?)
- Whether defense of the separate litigations against Brenda Bryant, Jeff Lummel, Linda Potter, and Angelo Turley-Moore by Vernell Butler and Michele Rattray (in different magistrate courts) is being funded by the HOA or its insurance company. Although the four defendants in each legal action are directors and officers of the HOA, the HOA is not a defendant and the four Defendants are not named as officers or directors by either Plaintiff.
- When the 2024 Annual Audit will be posted. The HOA paid $7,039 for it and received it by February 24, 2026. The Audit should be posted it exactly as it is, without further delay or comment. The good, the bad, and the ugly (if any).
- Why Reserves have plummeted in the past three years.
- Why the monthly Financial Operating Results for September, October, November, December 2025, and January 2026 have not been posted on the HOA's website.
- Why Minutes of Special Board Meetings, pre-board meetings, and workshops are not posted.
- Why there are no chairmen or committee members for the Neighborhood Committee and the Nominating Committee.
- Why Autumn Run, Indigo Springs, Pineclave, and Waverly Place still do not have Neighborhood Committees or Voting Member.s
- Why the Town & Country Property Manager was replaced or removed on March 4. If he departed voluntarily or was moved by his employer, Town & Country, was there Notice given? If not, why not?
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