Skip to main content

The board officially agreed to move forward with the feasibility study today. My shoulders feel lighter than they have in months because this commitment secures a real path forward for our community. We have plenty of work ahead to monitor the process but for now we should just take a …

February 4, 2018

We Need a Feasibility Study

We Need a Feasibility Study

🏆 Won — 94 supporters Verified

Final supporters

P
Peter P.
L
Louise G.
N
Norbert M.
S
stephen r.
A
anastasia m.
E
Eric h.
P
Phyllis B.
S
Sean W.
J
Joe N.
N
Nena S.
+84 more
AL
Started by Andrew Leonard 10 years, 7 months ago

PETITION
WVH Board to do feasibility study

We, the undersigned, believe that our community is at a critical crossroads and the clock is ticking. The challenges our community faces are many but we believe that they are not insurmountable if we know all our options (short and long term) and are therefore able to make informed decisions.

Accordingly, we the undersigned shareholders, request that the Board of Directors allocate the resources necessary to hire experts to review, analyze and explain our options both as individual shareholders and a cooperative. The work produced by the experts is to be shared with shareholders and used to prepare plans that help determine the highest and best use of our resources to support and ensure the survival of our community.

We further request that the Board authorize the creation of a committee of interested shareholders, to examine a wide range of topics on issues affecting our community including but not limited to: calculating projected taxes; refinancing the mortgage; addressing infrastructure concerns; adding affordable units; and rebuilding the complex. We request that the committee be authorized to describe the scope of the work to be done by the experts, recommend and help vet experts so that the Board may select the best qualified consultants for the purposes of this project, work with the experts selected to ensure that they are familiar with the issues confronting our community, and otherwise provide assistance to the Board and experts selected as needed.

Time is of the essence and we request that the Board take immediate action on the requests set forth in this petition.

Updates

January 7, 2018

The feedback from the board remains frustratingly vague while the actual work of digging into these financial options continues to fall on a few of us. Exhaustion is setting in, yet the necessity of this study grows more obvious with each passing week. We are continuing to push for the transparency this community needs to survive.

38 Comments

V
Vicente GarciaDelgado
10 years ago Featured

Increasingly extreme and more frequet weather events, combined with anticipated sea level rise are sure to impact our community again and again. All resilience options, including rebuilding on higher foundations, deserve exploring.

A
Andrew Leonard · petition starter
10 years ago Featured

At the January 5, meeting, a Board member requested that support for such a study needs to be demonstrated to the Board. The petition will help show that support. The cost of this study will be relatively inexpensive compared to other elective expenditures our co-op has done in the past and will continue to do in the present. I wish we did not have to create this petition. It's really a no-brainer.

N
Navid Maqami
10 years ago Featured

Knowledge is power, let's find out what our options are so that we can make an educated decision about our largest investment and our homes.

P
Paul Weinstein
10 years ago Featured

It would be cheaper than running the common space electric heaters 24/7 regardless of the outside temperature.

D
Dan Seifert
10 years ago Featured

We can't be ready for the future unless we have current, real-world facts and figures. Any decision we make regarding a rebuild must be based upon facts - not emotions.

F
Fern Siegel
10 years ago Featured

Job one for the board is WVH's survival. This study should be its most pressing concern.

N
Norbert Masal
8 years ago

I propose a "beneficiality" study who benefits from what.

S
stephen reynolds
10 years ago

Signing in support...