One thing our SAEPOA board completely lacks is transparency. In particular, they have not shared with you what we have in our association’s Articles of Incorporation regarding dissolution. I have included this paragraph shown below, because there are two key items they do not discuss:
- The articles specify how the vote is supposed to be done for dissolution (yellow highlight), namely that it requires signed assent by 2/3 of the members — NOT 2/3 of the members and proxies at a meeting (which is the minimum requirement in state law). After campaigning on making sure you are represented they seem to be very disinterested in your voting rights once they were elected!
- (Highlighted in green) In the event that the common property isn’t accepted by the town of Edgewood (likely), then it is to be conveyed to another nonprofit (which will be selected by the board!!). Not just your money, but your common land (roads, common park space) could be transfered to a nonprofit under the control of Jerry and the “Working Group” that is nearly indistinguishable from the board. Since the Board will handle the disposition, you won’t have any say in this after you give up your rights through SAEPOA. YOU STAND TO LOSE VERY MUCH!
At this point, it is imperative that you:
* Keep SAEPOA. Vote NO for dissolution if the vote is held.
* DO NOT give a proxy to anyone, particularly Jerry, any “Working Group” member or the Board without being well informed. Please contact me at (505) 803-2684 or via email at director@transparentsky.com if you want to discuss. I would not want to deny your proxy — and I will use one if you send it to me. We simply want to make sure you’re informed. The people in charge aren’t playing fair right now and they will exploit your distractions.
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