MANY QUESTIONS THAT NEED ANSWERS….
By
Rafael Aquino
Published June 30, 2021
The
tragic events at the Chaplain Towers that now all the world has
witnessed remind us that there is a first time for everything. These
things do not usually happen in the USA and are not supposed to
happen in South Florida however, IT DID!!!
First
and foremost, my condolences and prayers go out to all the families
of the Chaplain Towers South. This tragedy is still unfolding, and
not everyone is accounted for. As if loss of life is not enough,
these families now must deal with the loss of home, loss of personal
possessions, financial hardship, and the emotional and psychological
trauma associated with this entire tragedy. This is indeed a moment
for the community to come together and help each other.
Secondly, we should all pause in our innate human need to know why
and a cultural instinct to assign accountability for this. All the
reasons why and how will certainly come to light with experts from
every corner to tell us every detail of the events that led to this
tragedy. However, let us be clear that the attention should be on
the families and provide as much support to them and the first
responders that are still undergoing recovery efforts.
The
reality is that if we put aside all the complex engineering
discussions and insightful legal debates... we all have already felt
the core weaknesses that could give rise to events such as this:
Professional Guidance:
The
professional advice of Community Association Manager, Attorney,
Engineer are sometimes not regarded and sadly not even sought. Many
associations are self-managed, believing that it is more
cost-effective to forgo the involvement of professionals partially
or wholly. This may leave the association with a vacuum of
knowledge, standards, and resources in every conversation dealing
with physical security, quality of life, and financial stability.
Budget & Reserves Preparation:
Association budgets are frequently the moment to have a discussion
on not increasing monthly association dues and how to engage in a
race to the bottom for a bid to the lowest-cost provider. It is rare
to see a thoughtful conversation about a professionally prepared
budget with accurate cost projections, the inclusion of preventive
maintenance programs, and contingencies for emergency/disastrous
events. Fundamentally to really draft and approve a budget that
provides for ongoing care (preventive maintenance) of the common
areas, quality professional services (i.e., management, legal,
engineers, etc.), and YES……. reserves. All too often contributing to
reserves in the annual association budget becomes a conversation
about how to pick up enough proxies to prevent its inclusion in the
budget, or that paying for a reserve study would be simply too much,
or that if there no reserves increasing the budget to accommodate
for a bank loan would also be cost prohibitive. Leaving the
association with no plan or resources for the future and exposed not
only financially but delaying and expanding much needed capital
repairs.
Board Responsibility:
There
is major fundamental confusion in what the role of the Board is.
Certain board members join this volunteer role with the mindset that
it is their primary mandate to cut expenses at all costs. Cut
preventive maintenance contracts, cut lawn maintenance visits, cut
management staff, cut legal consultation hours, delay, or forgo
major capital projects, etc. The role of the Board is to PRESERVE
AND ENHANCE the association's common areas.
Well,
this certainly does not mean cutting staff hours only to have a
board member volunteer sitting at the management office or front
desk picking up calls, handling management matters, or servicing the
front desk. It also does not mean creating or feeding into political
frenzies that eliminate vital professionals in a bid to cut the
budgets to unsustainable levels that will never meet the operational
and capital needs of the association.
In
its role to PRESERVE AND ENHANCE the common association areas, the
Board needs to bring together the very best professionals, have
intelligent conversations about the budget and reserves, and know
that it should be setting an organizational vision for a better and
safer association and NOT chipping away at its foundation and
future.
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