Submitted by Ron Tracy, Concerned Homeowner
Candidates for the Somersett Board Who Are Equity Members of the Somersett Golf and Country Club do not disclose Equity Membership in Candidate Statement. Nor do they include a statement that they if elected they will recue themselves from any activity from votes relating to the contracts between the SOA and the SGCC
In the view of many homeowners and in opinion of this owner as well a vote for these individuals is the same as turning the keys the SOA’s bank accounts over to the 140 equity members of the Golf course who have a vested interest in protecting and growing the value of their private investment in the golf course at the expense of the great majority of the Somersett homeowners.
Contrary to comments made by equity members of the golf course, the members of Somersett United and the remainder of the community do not want to see the course go brown. Our community needs to come together with a plan to save the course that all of us can support, the present situation where funds have been arbitrarily taken from SOA accounts to preserve the private interest of a small number of owners who are equity members of the golf course, without a community vote is unacceptable.
The following is a letter that was sent to the board, a similar letter was sent by two other owners. As an inactive member of the Florida Bar, this writer was amazed at the response from Melissa Ramsey that the Associations Attorneys did not see a conflict here. Consequently is up to you the voter to decide this issue. The election of Equity Members of the Golf course to the SOA board will most likely result in litigation which will be expensive for all of us.October 26, 2012 From: Ronald Tracy 2289 Placerwood Trail RENO, NV 89523 To: Board of Directors Somersett Owners Association ℅ Melissa Ramsey, Provisional Community Manager 7650 Town Square Way, Reno, NV 89523-4847 RMI Management Corporate Office 630 Trade Center Drive, Suite 100 Las Vegas, NV 89119, Attn.: Board of Directors RMI Management 6170 Ridgeview Court, Suite C Reno, NV 89519
Re: Failure of Board Candidates to list conflict of interest in candidate statement:
Following the concessions conceded on the video tape record of the Somersett Owners Association (SOA) Candidate Night meeting on October 23, 2012, candidates that are equity members of the Somersett Golf Country Club (SGCC) have a “Conflict of Interest” as they benefit financially from contracts and/or leases that call for payments from the SOA to SGCC as equity members, they are part owners of the SGCC.
Under Nevada law this conflict should have been disclosed on the candidate statement that the SGCC equity member candidates submitted to the SOA. No disclosure was made. Furthermore such candidates must state that if elected they will recuse themselves from voting on any and all contracts or leases between the SOA and the SGCC. As an explanation of how they will comply with Nevada State Law NRS 116.3103 defining Fiduciary Duty.
Representing a group of concerned Somersett owners and in my capacity as a Somersett Homeowner we demand that all SGCC equity member candidates who did not disclose this conflict immediately be withdrawn as candidates from the ballot.
Should the election committee decide to extend the filing time for corrected candidate statements, the candidates that filed the incorrect statements should pay for the cost of doing a second mailing. The correction will insure that we have a successful uncontested election.
Ronald C. Tracy