While this blogger continues to be hypercritical of uninformed reporters, sometimes they actually do get it right when it comes to rogue HOAs.
At the links listed below, reporters and anchors with the ABC affiliate in Mesa, Arizona, knew how to ask the right questions and expose the contemptible HOA president of the Superstition Lakes Condos.
Seems that president Michael Cassady has asked his treasurer for lots of unusual ‘reimbursements’ supposedly for HOA board meetings. Things like vodka. Laundry detergents. Big restaurant bills. More liquor. In two years, $38,000 worth.
Then there’s the reimbursement for nearly six hundred dollars for ‘gate repairs’. But officials with the company listed on the receipt says they never repaired any gates for Cassady or the Homeowners Association.
This kind of thing goes on in HOAs across the country. And HOA board officers continue to insist that homeowners do not have the right to see the books and discover how their mandatory dues are being spent.
That’s what’s so beautiful about a society with a free press. Once in a while it can pry open some secrets.
Let’s see…38K in two years=19K per year with one meeting per month =$1,583.33 per meeting. Meetings probably last three hours =$527.77 per hour. Not too shabby for a part-time volunteer position. Now, it makes sense why these board members fight like pit bulls when some brave and daring homeowner tries to expose them or throw them out of office!
Makes me wonder exactly how many sports cars, yachts, summer homes and extravagant vacations have been funded by HOA members for board members? Just before he dropped dead during an investigation in my HOA, our president purchased two places in California. And, oh yes, he was running for the board out there, too!
Arizona Homeowners most defiantly have the right to see the financials….its the LAW!
Arizona Revised Statute 33-1258. Association financial and other records; applicability
A. Except as provided in subsection B of this section, all financial and other records of the association shall be made reasonably available for examination by any member or any person designated by the member in writing as the member’s representative.
Remember this Arizona Law folks…you know… when your HOA says “we don’t have to show you our financial records!” I hope they have a nice room for Mr. Cassady in the Maricopa County, Tent City Jail!