LETTERS
In this meeting, we will continue to examine matters presented at recent ACC meetings that are fundamental to the happiness of all of us at LWV. These matters are essential to achieving immediate and long-term stability and prosperity for our community.
The past six months have been very eventful in our community, and actions being taken by our Boards over the next six months may be the most significant since the founding of our community 50 years ago. All of our Boards are working very hard to improve performance in their respective areas of responsibility. Topping the list of issues that both ACC and the Boards are focusing on these days is the question of the best overall governance structure and management arrangement for our future. A consulting firm, FutureSense, Inc., of Mission Viejo, was hired by GRF to analyze this issue. Phase One of FutureSense's undertaking has been completed, culminating in a report issued on April 3, 2015 entitled, "Governance Review - Phase One Discovery Report". At our July 20 meeting, we will discuss questions such as,
What are our governance options and the benefits/pitfalls of those options? What is the key things that need to be in place to ensure that we do not repeat the same mistakes? - Is there an optimum solution whereby we can continue to live with affordable monthly fees and still maintain our manors, infrastructures, facilities and amenities at the level of quality we expect?
We will focus on the pros and cons of potential options from a variety of subject experts. The objective is to explore ways that we can improve the effectiveness of our governance systems for the mutual benefit of all stake-holders, including owners, residents, Board members, PCM employees and PCM itself, our management agent.
If you have any suggestions regarding the above agenda that you would like to share in advance of the meeting, such as additional focus questions, or any questions at all, please do not hesitate to call Ed Tao, President, ACC, at 714-316-8548, or our Membership Chair, Darlene Bacus, at 949-583-9759, or reply to this email.
Thank you,
Ed Tao, President, ACC
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