Childhood is a short but important time to learn the values of honesty, integrity, loyalty and friendship. Throughout these years, those of us fortunate to have great parents also learned the hard lessons of taking responsibility for one’s actions. Mothers and fathers alike remind their children that they may not like the consequences related to an action, but the hallmark of adulthood is owning up to one’s errors and being prepared to face consequences.
At the last bi-annual meeting it was commented, “we should all act like big boys and girls” and recognize that the numbers provided by Boyne Realty prior to purchase, were simply projections, not guarantees. This is a very astute statement that alludes to the fact that we each should have acted responsibly by doing our own homework and asking good questions. I guess those of us who also were shown artist renderings of a Bavarian Village should have also completed our homework to somehow learn that it would never come to fruition.
Putting that aside, I must admit the irony of the comment when it is placed into a very similar context. During the meeting Stephen Kircher was kind enough to share with us various graphs that displayed favorable figures depicting that the MGL Association pays the lowest management fee per square foot in comparison to other Boyne managed properties. When I questioned Stephen about the source for this information he became extremely agitated and deflected his anger on me by accusing me of “always coming up with conspiracy theories about Boyne.”
So in this sense I am left scratching my head wondering when it is appropriate to ask questions. Having great childhood rearing I will take fault for not visiting the local city and development planning committee to confirm the validity (or faultiness) of the information shared by Boyne Realty. One thing I will not concede to, is taking facts and figures provided by Boyne at face value. Similar to any due diligence that is completed prior to purchase I will continue to question the validity and accuracy of data and information provided by Boyne.
Thursday, May 7, 2009
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