The Eastman Free Press
Providing owners with the information they need to make informed decisions.

Friday, August 15, 2014

Members Can Make a Difference--Take the Pledge


Members can make a difference--these people put their jobs on the line and brought a corporation to its knees.

Have you read http://eastmanblog.blogspot.com/2014/07/eastman-fiscal-follies.html, “Has Eastman’s Financial Bubble Burst?” and wondered what you could do to prevent further deterioration in home values here at Eastman? 

Here are some ideas. In the short term you could do your best to vote for people from your Special Place to represent you on the Council who:
1)    Do not think borrowing more money is a great thing for our home values or for our assessment costs. The Community currently still owes $1.7 M on South Cove. (Source Audit Report FY2014)
2)    Are in favor of Direct Vote for large expenditures ($1M or more) here at Eastman.
3)    Want more open transparent governance where as an informed citizen they can hold officials accountable.

Timing is critical--soon we will enter the phase of electing members to the Council in the next 1-2 weeks. The objective is to get council members who will take “The Pledge” and to be held accountable to it.

The main need is to back the Pledge and to be willing to speak about it--on the Listserv, at a Council Meeting, at a Special Place Meeting, or on the Blog http://eastmanblog.blogspot.com/. We need to demand a governance where The Pledge is a Community Value.

NO NEW DEBT Pledge:

1)    No NEW Debt will be incurred until the current debt ($1.7M) is paid down to zero.
2)    Hold a non-binding community referendum on any capital expense exceeding $1 million.
3)    In favor of equal Council member representation for all Eastman members (i.e. Special Place/Districts). This means if you live in Anderson Pond, you get the same number of Council Reps as if you live in West Cove. (Currently Anderson Pond=4 Reps, West Cove = 18)
4)    Council Reps must commit to voting and implementing a Covenant change that requires Eastman Governance Members to conform to the New Hampshire Right to Know Law (NH-RSA 91-A).


You can print this Pledge out and bring it to your Special Place Meeting.
Please speak up and help us hold the line on expense growth and capital expenditure decisions to ease the Assessment cost on Eastman Members.

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