MINUTES        

ROC Forum Meeting – Club Chalet – April 9, 2010

President Favata opened the meeting at 10:00am with 62 members in attendance. This is the last meeting until November 12, 2010. The president thanked our board members for their efforts throughout the season, and Ed Mosakowski, who organized and moderated the annual Board Member Orientation Program for the third year.

She then introduced Director Sandra Ross, who advised of a petition being circulated throughout rental as well as ROC communities in Florida, requesting signatures to make the Florida Legislature aware of the unfair coverage offered by Citizens Insurance to most manufactured home owners. Copies of the petition have been forwarded by E mail to all of our members.

Director Andy Lestage then spoke, providing background information of FLAROC, (Florida Residents Owned Communities Inc.), the umbrella Florida ROC community organization, which has ROC groups similar to ours in other areas of Florida. FLAROC is  requesting contributions of any amount to further their growth and pay for a lobbyist on our behalf at Tallahassee. Contributions may be sent c/o Andy Lestage at Magnolia Manor, #34, 4174 72^nd St. N., St. Petersburg FL 33709.

President Favata then introduced our guest speaker, Charity Cicardo, V.P. Florida Community Services Group (FCSG), and known to many ROC residents as the former Executive-Director of the FMO. FCSG is best known as the premier company in the conversion of rental mobile/manufactured communities in Florida to resident owned communities. FCSG has also managed more than 50 mobile/manufactured home communities. Most of the attendees have received a copy of her complete 40 page presentation.

The following is a short summary of her in depth presentation on ROC community management requirements and choices titled “Professional Management vs Self Management: Pros & Cons”:

Professional Management – Benefits

A. Board members establish policy/management implements policy

B. Requirements of F.S. 719

C. Board members fiduciary responsibility to shareholders

D. Manager’s Tools to protect board: License/liability insurance/access to experts

E. Employees

F. Good Communications

    Suggestions: All residents meetings/Manager’s blog/Park inspections

Professional Management – Challenges

A. Don’t like employees hired by management

B. Want new management. How to make a smooth transition

Self Management Benefits

A. Talented residents/board

B. Save money

Self Management Challenges

A. Board Transition

B. Employees

C. Good communications

D. Statutes: Keeping up to date

E. Continuing education/proper skills and experience

Refinancing in Today’s Market

A.Responsibility and current overview of market conditions

The meeting closed at 11:40am.

It is our intention to provide copies of the entire 40 page presentation on request to communities without a copy, on CD or hard copy, at or following our first seasonal meeting on November 12, 2010. Please send your request to the Secretary at rocforum@hotmail.com.

 Norman Banning – Secretary        rocforum@hotmail.com

727-734-5706