Posts Tagged ‘loans’
Oakmont at a Crossroads: Financial Capacity and the Berger Center Expansion
A System-Wide Analysis of Capital Needs, Debt, and Long-Term Sustainability Introduction Oakmont is entering a period where long-term planning and financial decisions are becoming increasingly interconnected. The proposed Tier 3 expansion of the Berger Center is one of the most significant projects currently under consideration, but it cannot be evaluated in isolation. It comes at…
Read MoreFAQ: How Much Can OVA Dues Finance?
The purpose of this article is to provide some facts concerning how much OVA could borrow as a function of dues impact and other factors (interest, term, etc). It does not address how difficult it might be for OVA to find a lender, or whether or not such a loan should be considered. Specific questions…
Read MoreOPINION: Why Is the OVA Membership Upset With the Board for Withholding Cost Models?
At yesterday’s meeting of the OVA Board of Directors, and in recent chatter on Nextdoor, a rift was evident between the OVA Board and the OVA membership. Members accused the Board of a serious lack of transparency, because the cost models for envisioned capital improvement projects, which were delivered two or three months ago to…
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