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Get Rid of Kumar Setty for NOT Performing his Duties as Treasurer

Get Rid of Kumar Setty for NOT Performing his Duties as Treasurer

148 signatures 102 to reach 250
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Started by Lilac Epstein 6 years, 11 months ago

Kumar Setty can be removed from the Grand Ohio Condo Association Board by following the steps below:

1. A petition is sent out and signed by at least 20% of the ownership of the building. This does not mean that it is 20% of the units in the building, but rather that the combined percentage total equals 20%.

2. The petition is provided to First Services that will then be required to setup an Owner's Meeting to conduct a vote to remove Kumar based on what is in the petition, within 30 days from the date that they receive the signed petition.

3. At the Owner's Meeting, 2/3 of the ownership would have to confirm the removal of Kumar Setty by voting in favor of the petition. This vote can and will be done electronically through First Services, with a meeting date being the deadline for tallying the votes.

Please sign this petition if you agree.

Kumar Setty as the Treasurer for the Grand Ohio Condo Association Board is negligent of his duties as the Treasurer and as a Director in the following ways:

1. He has walked out of a Board Meeting and not attended two Board Meetings therefore breaking quorum and preventing board business from occurring.

2. A budget has NOT been approved for 2019.

3. Approved Financial Audit Reports for the finances of the Grand Ohio have not been made available (either because they don't exist or have not been approved and made accessible) since 2015, when Kumar became Treasurer.

4. The forensic accounting report for the 1 million dollars missing supposedly misappropriated by The Building Group has not been made public.

5. Assessments have been budgeted to be increased, although a current reserve study (normally used to support these increases) has not been completed or made public to the owners.

6. Thousands of dollars have been approved for spending in Emergency Executive Board Meetings, but NOT ratified in Open Board Meetings with public discussion and Board of Director due diligence.

Updates

October 1, 2019

I have been hearing from so many of you who are just as frustrated by the lack of transparency in our building finances. This goes beyond bad management and directly impacts the value and safety of our homes.

October 1, 2019

Seeing this level of support confirms I am not the only neighbor fed up with our building's failing finances. This momentum proves how many of us are ready to finally see accountability for the neglect we have endured.

Reached 100 supporters

October 1, 2019

9 Comments

M
Mike Hardy
6 years ago Featured

Finally. We have been waiting for someone to actually do something about this. He is clearly not fit for the job.

D
David Reddy
6 years ago Featured

GET HIM OUT. This place is going downhill fast and he is a big part of the problem.

L
Linda Pearson
6 years ago Featured

I am so tired of the drama. Just do your job or quit. It is not that complicated.

J
Jessica Stevens
6 years ago Featured

Seriously? Walking out of meetings? childish. We need someone professional who actually cares about the building.

R
Robert Powell
6 years ago Featured

Been here 4 years and nothing has been handled right. No budget since 2015 is totally unacceptable.

S
Sarah Rhodes
6 years ago Featured

The lack of audits is actually terrifying. We deserve to know where our money is going if we are expected to pay every month.

L
Lilac Epstein · petition starter
6 years ago

1521

L
Lilac Epstein · petition starter
6 years ago

1521

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