M Curtis email 7-25-7

PCM/GRF have released a new statement yesterday. Go to the following link ...

http://lagunawoodsvillage.com/article.cfm?id=2304

I expect the advance comments will have a priority in being answered during the meeting. After all, they say: "Comments are welcome via mail to Golden Rain Foundation – Comments, PO Box 2220, Laguna Woods, CA 92654 or via email to comments@pcm-inc.org prior to August 1, 2007. They don't make the same promise regarding oral comments from the residents at the meeting. I expect poor George to greatly limit floor comments by all sides.

I recommend you review the new (cough, cough, this is hard to swallow) Proposed Staff Support Expense Policy , then have a few laughs with the Breakdown of Expense Press Release . Then, send your concerns and questions to the email address above. You need to do this before the end of next week. By the way, since the email comments only go to PCM, I also recommend you copy or otherwise inform board members of your concerns and questions.

The proposed policy, in my opinion, offers very little control, will significantly increase our future operating costs and risks through archaic procedures and cash advances, and the outrageous costs from the past will be allowed to grow in the future - all because this proposed policy is so open-ended and misleading. I'll be submitting detailed comments and copy you on them.

The Internet is good source for locating decent policy related to "allowable expenses non-profits" guidelines and risks to look for. An excellent site for this is ...

http://www.whitehouse.gov/omb/circulars/a122/a122.html

I hope you might take the time to review the links and submit comments. Otherwise, PCM will have their way, with board members following like sheep ...

Regards,

Mike Curtis
(949) 837-5421

REMEMBER - YOUR 2008 MONTHLY ASSESSMENTS WILL BE $500 A MONTH
AND PCM WILL BE CELIBRATING ON US!