Once again, the Deer Ridge Board continues its abuse of power by directly violating the Master Deed with respect to the vote on the walkway railings on February 6, 2010.

The First Phase Vote

Neil and I attended the Special Meeting for the Walkway Railing vote.  The ending ballots by owners were 77% in favor.  This means it apparently passed by 2% – with only two units voting differently, the vote would have failed.  We saw the ballots and helped in the counting to at least make sure that the votes were tallying correctly.

However, we were not offered the voting certificates to compare signatures and have no assurance that some of the proxies might have been forged just to make sure the vote squeaked by.  Then, there is the issue that the proxy required that anyone that was chosen as some one’s proxy would be required to attend.  This constraint is NOT part of the wording of our Master Deed and Bylaws and hence, probably invalidated the results anyway.

Also, the biased wording of the proxy stated that the money was going to be spent either on repairs – or it was going to be spent on the “double-wide” metal railing approach.  Owners did NOT have a right to vote on whether to spend the wasted $49,500 at all.

The REAL Problem – No Second Phase Vote

The real problem is that the board refuses to abide by the rest of the provision for alterations and improvements. 

As you can plainly see, they are REQUIRED to gain the approval of at least 90% of the mortgage holders of all loans on all condos at Deer Ridge.  Not only have they not done this, they categorically REFUSE to do it.  As a result, this vote is invalidated and will probably be a point of issue with the upcoming litigation.  We will press hard to, in fact, hold each member of the board personally liable for any and all monies spent on the railing alteration since they knowingly chose to blatantly ignore this provision.

“We Are In The Driver’s Seat – And Will Do What We Want To Do.”

That is a direct quote by one of your Board members, Tom Reise.  In other words, Tom, speaking for the whole board, is telling all the owners that they hold all the power…and they can choose to ignore anything they want to – and to hell with the controlling documents for Deer Ridge and the rights of the owners to control what happens to their property and to their investment.

Time To Replace The Whole Incestuous Board – And Kick Them ALL Out Of “The Driver’s Seat”

It is past time to replace these guys.  All of them, Margie included.  Many have been on the board WAY too long and all of them vote as a consolidated entity.  That, by itself, is a HUGE red flag.  Board members are legally required to act independently and NOT as a consolidated entity.  Remember the World Com board and how all of them got individually penalized millions of dollars because of that?

It is time to kick ALL of them out of the “driver’s seat” – and elect those who are willing to be responsive to the owners and abide by the controlling documents of Deer Ridge Mountain Resort.