Friday's board meeting
I just got this email from an owner who was on the board meeting call.
It is quite interesting. Shows you how much the board does not care about the owners:
As concerned owners at the Marriott Ocean Club, I wanted to provide you
with information on what transpired at the Board meeting this past
Friday. Based on that meeting, all owner concerns about this Board seem
well justified as they seem to have little interest in hearing from
Ocean Club owners regarding any of the issues and they are moving "full
steam " ahead despite the significant economic problems that many people
are facing and outstanding isues about possible Marriott liability for
some of the roof and other structural conditions at the Ocean Club.
I happened to attend the Board meeting merely by chance as it seemed to
be a well kept secret by the Board, On Thursday, December 18 I was at
the front desk at the Ocean Club in Aruba when I noticed a small tent
card partially hidden at the end of the desk noting the Board meeting
for Tuesday, December 17 at 3PM. Upon inquiry of OceanClub management, I
learned that it was actually sceduled for 4PM on Friday, December 19 and
was later told it was really at 3PM. One would think that notice of a
Board meeting would be prominently and accurately displayed to owners.
The meeting was attended in person by a number of Ocean Club Marriott
staff including Corey Guest, the General Manager of AOC, some of his
staff including the CFO, the General Manager of the Marriott Resort on
Aruba (Ocean Club, Surf Club and hotel) and by telephone a number of
MVCI representatives and the AOC Board. All of the Board members phoned
in to the meeting which was chaired by Frank Knox, the newly installed
President, who finally surfaced although apparently does not like to
respond to owner Emails.
Most of the Board meeting discussion focused on the planned
refurbishments and renovations with Board member, Steve Richards
discussing how he had been able to cut some of the proposed renovations,
saving around a million dollars, before he added some back in to the
mix. It was noted that a potential problem with having assessments paid
in two years rather than all at once was that there would not be
sufficient money to pay for it all and costs could increase.
Apparently, Marriott will be helping in bridging this concern but the
discussion was not totally clear on the specifics. Projected
expenditures for renovations for 2009 are 13 million and for 2010 1.2 to
1.3 million.
Allan Cohen, former President of the AOC owner's Association, spoke of
the need for some renovations but noted that considering the sizable
increase in maintenance and reserve fees as well as the continuing
significant economic problems that most are feeling, the Board should
poll the owners on whether they support all of these
renovations/assessments at the present time. Allan made a motion to
this effect and since no one else spoke up, I asked to be heard. Knox,
referring to me as Mr. Berg, initially sought to disallow my comments,
but when I reminded him of my right as an owner which was confirmed by
Corey Guest's reading of the owner documents, he relented telling me I
had "2 minutes". Reminding Knox that I was Mr. Berkowitz and not Mr.
Berg(he seemed to have a "Mr. Berg" on his mind,) I reiterated Allan's
concerns and also noted that both Marriott and this Board had
credibility problems with owners as a result of their handling of the
roof and other structural issues and the lack of Board responses to
owner Emails and concerns. I further noted that the significant
increases in maintenance and reserve fees together with the planned
assessments could adversely effect many owners considering the
troublesome economic conditions worldwide and, therefore, it was very
important that on this issue the Board be transparent and submit this
matter to the owners for a vote. Led by Frank Knox, the Board voted
against this motion, with no one even offering a second. No one spoke up
or expressed any concern for the owners other than Allan and myself.
Another issue raised by Board member, Melissa Pericolosi, was to have
non owners e.g. renters or those who "trade in" pay a utility surcharge.
Utility costs were projected to rise significantly under the recently
approved budget for Aruba. Marriott spoke against this motion arguing
that it would violate its agreement with Interval International. Allan
Cohen asked that Board legal counsel review whether there were any
issues to prevent such a surcharge and again led by Knox, there was no
support for such a referral to legal counsel. Even Pericolosi, who first
raised it had no interest in pursuing a further legal evaluation.
Prior to adjourning the meeting, Board member Richards said that in the
interest of fair balance (I guess to my earlier comments of concern), he
needed to note that he had heard from owners about the need for
renovations. After the meeting Corey Guest mentioned to me that he
passes on to Richard any owner comments on conditions of the villas on a
regular basis and that was what he was referring to in his comments.
Happy to address any questions and I have no problem with these comments
being shared with any concerned owners. Regards, Ken