There seems to be a real lack of respect due to Owners as far as this Board is concerned . The Board is witholding information about their preferred Nominees, has not circulated AGM supporting documents and, most importantly, HAS NOT ADDRESSED OF THE FACT THAT A BOARD CANDIDATE HAS BEEN DEPORTED FROM THE ISLAND. History shows that the reversal of such a decision by the Immigration Authorities is extremely rare if, in fact, it has ever happened at all. This matter has been ongoing since early September. The only mention of this fact in the past 8 or so weeks has been a reference in the Nov. 22nd Update where, in essence, Bruno Rufa asks for Owners support in the Coral Beach Hotel election in order to try and justify a reversal of that Government decision as their votes will show that " his efforts at Coral Beach are well supported by the shareholders". Owners who have checked the facts as reported in the Freeport News will see that Bruno Rufa's deportation had nothing to do with Coral Beach Hotel. The deportation was a direct result of Mr. Rufa's actions relating to his own personal business involvement on the Island.
50 days from the AGM and there is no Treasurer's report, no agenda and no information for Owners to study prior to using their shareholders' entitlements in the election of Board members. I put this complaint to the other 5 candidates also. Every owner should by now have a clear idea of what skills and priorities each candidate will bring to the table. Owners need to know each candidates' views regarding the general improvement of Coral Beach Hotel facilities, how they plan for the completion of the SPG contract, the replacement of the sewage plant; what their future proposals are regarding the Pool Bar, Gym, Salon, Convenience Store, Car Parking & Storage etc.; their proposals for an on-going maintenance programme for the entire complex both inside and out and how it can be funded; their policies on Registration Charges, Short and Long Term Rentals, Maintenance Fee Defaults, Sale of Common Property, and the list goes on and on.
Why do I get the feeling that no-one is taking the future of Coral Beach Hotel seriously? To paraphrase, Owners will get the Board they deserve.
4 comments:
May I also add to your comment regarding the reason Bruno Rufa has been deported,that in that same Freeport News article it was stated that Bahamas Immigration had him under surveillance for some time. They had observed him continually breaking the law during that period of time, which puts the lie to his explanation that he was just "standing there holding a broom". It also puts the lie to his explanation in his November 22 letter that a group of former employees and their supporters were responsible for his being deported. Whether he wants to accept it or not, Bruno Rufa hanged himself with his own actions - nobody but Bruno is responsible for what has happened. Period!
TO THE 5 CANDIDATES - PLESE SEND YOUR LETTER OF INTENT AND A BRIEF BIO TO THE BLOG - this is a siple request from one of the owners. We would all be happy to see the info on the blog.
Thanks
What exactly is a nomination co-ordinator? Does that mean Bruno and Phil were the nominating committee? Big shock. LOL
That would certainly explain the weasel wording of the proxy forms. Essentially, mark what you want but the secretary will override it anyway.
Since the secretary, Lorna, has seemingly not participated at all over the past year does this mean Phil holds that position too? He seems to have held nearly every other possible BOD position. Co-Vice Chairman (why do we need a co vice chairman for a 7 person board?) treasurer (bang up job there!), B&G chairman (Spallin fallin sums that pretty well), have I forgotten any?
This brings up another issue. If Phil's been running the show (into the ground) what exactly has Bruno been doing besides concentrating on his $2 Store with Mario? Oh yeah, I forgot he had his wife take over the accounts. Wasn't that under Phil's domain too?
Scary!
We need a NEW ATTORNEY period.
Ms. T. Dennison does not care about the owners needs, wants or questions in regards to CB.
Many of us are aware of her sidestepping non-answers.
Her reluctance to answer direct questions (from owners) clearly displays her bias towards ???
hint: not the owners.
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