The Board of Directors voted to establish a Finance Committee to review R-Ranch finances and provide recommendations to the Board and General Manager. The committee has a wide range of tasks they will be working on and developing. I would like to remind and caution owners who are attempting to form their own committees that per our Bylaws the board has authority to establish committees. Any unauthorized committee activity will not be recognized by the Board. In addition, I would caution Directors to be aware that sharing confidential information could be a violation of your fiduciary duties.
If you wish to assist finding solutions to the current financial crisis, please reach out to the board and express your interest in joining the established committee. The committee has already begun to work and as with most large tasks more eyes and minds working on a solution is very welcome.