Eastman Board Rejects Due Diligence

The ECA Board unilaterally rejected Due Diligence on what monies were spent on the Center in the past several years denying owners their right to know how hundreds of thousands of dollars of owners’ monies were wasted on the existing Center.  read more

The ECA Board does not recognize any owner rights to open and transparent governance and thereby rejects any Due Diligence on the part of owners. click here

The ECA Board accepted financial statements that failed GAAP thereby rejecting Due Diligence and open, transparent processes as to why Eastman financials are so flawed.  click here

The ECA Board aided by its puppet Council has become an Apartheid governance through clever manipulation of governance Declarations of Covenants, as well as getting the “right” people as committee chairs, on Council and on the Board. Their total control of all Eastman communications (including the governance takeover of the listserv) is nothing more than propaganda serving the new Eastman Apartheid state.  read more

The ECA Board unilaterally rejected owners' rights to evaluate whether Ken Ryder has performed his General Manager responsibilities of maintaining Eastman facilities at the proper level. read more

With the approval of the new Center/Restaurant building, we will spend more than $10 million of community money over a 15-year period on the Golf/Center Resort Complex--an astounding amount of money for less than 1500 properties. No direct vote for these outrageous expenditures has ever been allowed on the part of the 1460 Eastman owners. Yet only 20% of those owners directly benefit from this massive waste of community money. 

Community officials colluded (click here) to eradicate any financial responsibility for the Eastman Sewer Company thereby depriving 35% of the Eastman owners from an open and transparent due process. This resulted in no significant capital expenditures by the community on the Sewer Company over the past 15 years.    

Submitted by Robert Logan