Lobby Meeting 6 p.m. March 13

The annual meeting of the Nauru Tower will be held on Tuesday, March 13, 2007 in the lobby at 6:00 p.m.

One important item on the agenda is to elect a new board. The board consists of 9 members.

Because of the resignations of Scott McKinnon, Gerhard Froelich, Duane Komine, John Breinich, and Jon DeMello - there are going to be seven (7) new members elected at this meeting.

Of the 4 remaining directors, Keith Horita and Eric Hill’s seats are up for reelection should they choose to run.

Bob Bosley and Gerald Greer are running. Jade Lee has removed her name from the contest as she rents one of her units to the manager and is prohibited from being a director.

Several people have expressed an interest in standing for the board. I would like to invite any interested parties to submit a resume or paragraph that I could tape on this window here so other residents can get to know you before the election.

There is a small group of residents who desire and are willing to conduct an audit of the Nauru accounts for the previous few years. This will cost the association nothing. Of concern:

1) the pool costs and history behind them

2) the paint contract that used an (apparently) inferior paint that is flaking whenever it rains and adhering to resident windows.

3) the insurance coverages and bids for same. Our insurance premiums appear to be double the cost of the costs charged one resident who owns a company with like amount of employees.

Let me know if you have additional concerns that require investigation.

Harry Inouye has held the office of treasurer for over 12 years. Should Harry Inouye be dispossessed of the office of treasurer, we want to be ready to handle Nauru’s business affairs with a minimum learning curve.

Most condominiums elect new directors annually and have different directors taking their turn as president and treasurer. To allow one person to be treasurer for so many years is unusual and can lead to the kind of self-dealing that we have learned of this past month.

I am pleased to have met the many intelligent, honorable owners recently who have allied to be less complacent and more knowledgeable about costs and business of operating Nauru Tower.

Dawn Smith, Esq.
Nauru Tower Lobby Office next to Mail Room