Saturday, January 7, 2012
SHALL WE DEFRAY THE EXPENSES OF THE "GUINEA PIGS"
At Friday's delegates meeting it was explained to us how, in an effort to get a building insurance reduction for many associations, three associations participated in the "Third Nail" project by themselves paying to have this work done. It didn't work out, unfortunately. The inspector said there wouldn't be sufficient mitigation (I think that's the word) for associations that had this done to get a break on their premiums. If it had worked out, most of us would be the beneficiaries.
I would like to see these associations be reimbursed for the trouble they went to on our behalf. Toni Salometo referred to them as the guinea pigs. Why should the rest of us stand by and let them take the full loss when we could all share it? Is there a way we could vote to have them be reimbursed out of UCO funds?