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The purpose of this Virtual Meeting is to discuss the Proposed HOA & Country Club Entity Merger. Homeowners have been asked the submit questions before the meeting. Why is this being called a Town hall when it is going to be a one way conversation to promote the merger? The Board will be summarizing and selecting the questions, controlling the narrative and conducting a one way conversation with the homeowners (just like the monthly Board meetings). Why has the board restricted the homeowner right to a two-way conversation?
Below is the information on the Virtual Town Hall. Please attend. We all have an obligation to make a fully informed decision on the merger vote. --------------------------------------------------------------------------------------------------------------------------
Topic: Virtual Town Hall Meeting - Proposed HOA & Country Club Entity Merger Time: Jan 22, 2022 01:00 PM Pacific Time (US and Canada) Join Zoom Meeting https://us02web.zoom.us/j/82524985211?pwd=NDJvR2toU0ptazFqZWhHcjFnTGo0QT09 Meeting ID: 825 2498 5211 Passcode: 805719 Dial by your location 1 669 900 6833 US 1 346 248 7799 US 1 253 215 8782 US 1 312 626 6799 US 1 646 876 9923 US 1 301 715 8592 US 1 438 809 7799 Canada 1 587 328 1099 Canada 1 647 374 4685 Canada 1 647 558 0588 Canada 1 778 907 2071 Canada ------------------------------------------------------------------------------------------------------------------------------------------------------ The Blog would like to hear your comments both before and after the Town Hall Meeting
7 Comments
The board has released two informational documents and has scheduled a town hall meeting to encourage homeowners to vote for the merger of the HOA and the Country Club. This merger has been discussed over the past 10 years and the Board has now decided to ask the Homeowners to vote to approve this merger.
The Board states that the merger has nothing to do with our HOA being on the “Do not Lend” list. An outside expert consultant has been hired by the board to advise and recommend what steps the board needs to take in order to move the HOA off the “Do not Lend” List. We as homeowners need to know the following in order to vote on this merger:
The Blog would like to know your thoughts. The election ballots are in the mail. This ballot includes a yes or no vote for a merger agreement of our HOA with the Country Club. The Board has proposed this merger in order to streamline operations and manage only one entity.
There are still many unanswered questions:
The Blog would like to know your thoughts. Last week a homeowner wrote in the Blog that they cannot refinance their property.
After checking with existing loan companies, it appears that Fannie Mae and Freddy Mac will be putting the Desert Princess County Club on a "Do Not Loan" list. The Blog would like to know:
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CharterThis blog is designed as a means to provide transparency and informative access to the policies and protocols of the Desert Princess Palm Springs Homeowners Association, the governance of the HOA Board of Directors and the management of the community’s assets by The Management Trust. The expressed intent is to establish a neighborhood hub for trusted connections and the exchange of helpful information, goods, and services; it is hoped that homeowners will use it to build a stronger and safer Desert Princess Palm Springs. PLEDGE
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