Hi Folks,

 

As we indicated earlier in the year, appointment of a Transition Team to lead the community in preparing for and completing a successful transition from developer control to resident control would be a top priority.  The Board of Directors, via a Unanimous Written Consent has just appointed the Transition Team.

 

A couple of points regarding this team are important: (1) This team is unlike a board-appointed committee.  There are no term limits, the processes used to select appointees are different and we looked for a number of very specific individual skill and experience sets to create the balanced team we required, (2) The team will stay together until transition is complete.  If a member must be replaced, we'll look for someone with the same skill and experience sets, and (3) A number of residents indicated their interest in serving on the team and they were given consideration.

 

The Board required that the Transition Team be comprised of individuals with either legal, engineering, human resource management, insurance, financial, and strategic planning skills and experience.  In addition, they needed significant experience with the community and its operation.  No single individual has all of this, obviously, but we are confident that the folks listed below, in aggregate, have the skills and experience to do the job.  If you indicated an interest and were not selected, we appreciate your interest and, perhaps, your skills and experience can be of benefit as the Transition Team moves forward and seeks additional help or specialties, but we feel that this team has the best overall credentials that we could find.  Here they are:

 

These folks face a daunting task and several years of hard work.  They will begin reporting their progress to the Board of Directors at the April board meeting.  Wish them well.

Jerry