- Joined
- Jan 8, 2012
- Messages
- 3,692
- Reaction score
- 2,159
- Location
- San Diego
- Resorts Owned
- Sands of Kahana, Desert Springs I, DSV2, Shadow Ridge Enclaves Dlx
I am hoping that my post does not violate any rules of the forum.
I own at the Sands of Kahana on Maui. It is a nice place. It is slowly improving. But there are more things that need to be done (and obviously, in a fiscally responsible way). Improvements and expenditures are directed or controlled to some extent by the Board of Directors of the vacation club.
Unfortunately, the board of directors is currently controlled by employees of the management company, business associates or affiliates. There are only 1 or perhaps two independent owners on the board. So, there are some real obvious potential conflicts of interest with the majority of the board. While I am not here to bash the management company, I think that the board of directors for the vacation club would benefit from having better representation by actual owners. I think that it is "healthier" to have actual owner representation.
I am running for the Board of Directors. I am endorsed by the SOKCO (Sands of Kahana Concerned Owners). Google it if you want to know more.
I am hoping that enough owners will assign all three of their votes to me. I am also hoping that if the management company sends out a second Proxy (as they have done the past few years) asking for owners to assign their voting rights to the management company (and nullifying their previous vote selection) that the owners will ignore it.
I own at the Sands of Kahana on Maui. It is a nice place. It is slowly improving. But there are more things that need to be done (and obviously, in a fiscally responsible way). Improvements and expenditures are directed or controlled to some extent by the Board of Directors of the vacation club.
Unfortunately, the board of directors is currently controlled by employees of the management company, business associates or affiliates. There are only 1 or perhaps two independent owners on the board. So, there are some real obvious potential conflicts of interest with the majority of the board. While I am not here to bash the management company, I think that the board of directors for the vacation club would benefit from having better representation by actual owners. I think that it is "healthier" to have actual owner representation.
I am running for the Board of Directors. I am endorsed by the SOKCO (Sands of Kahana Concerned Owners). Google it if you want to know more.
I am hoping that enough owners will assign all three of their votes to me. I am also hoping that if the management company sends out a second Proxy (as they have done the past few years) asking for owners to assign their voting rights to the management company (and nullifying their previous vote selection) that the owners will ignore it.