Monday, February 22, 2016

Ed Black and our money.

I couldn't believe it when I heard that Ed Black was running for VP of UCO, the following is a resume of ED Blacks service to UCO and the disgraceful results of this service to the Residents

When Bob Marshall was President of UCO and Ed Black was a VP of UCO, Bob Marshall didn't make a move without direction from Ed Black. So when Bob Marshall signed secret agreements with WPRF that cost the Residents Millions of dollars after the hurricanes destroyed our Clubhouse and it had to be rebuilt. The date of the signing of this Document was Feb.22, 2005.

Anyone who would like a copy of this document can contact me.

The next wonderful contribution Ed Black did for the Residents was when he was Treasurer of UCO. I was in the finance Committee and agreed with Mr. Black that the fund for the paving of the Village had only $3,300,000 in it and that the paving job was going to cost around $5,000,000. He kept arguing that UCO had plenty of money to take care of the job.

He emptied out all of the reserve accounts and all the CD's we had and left UCO Treasury with $23,000 at the end of 2012.

He also made a deal with the Banks to borrow $1,000,000 and paid a $7,000 fee in case we had to borrow the money Another great deal.

He almost bankrupted UCO.

The next wonderful accomplishment was the contract with the Security Company that he worked so hard to get signed. This particular Company, after about a year, UCO cancelled that Contract because this Company was not doing the job and we had to get another Company.

These are just some of the wonderful things that David Israel told you how hard Ed Black worked for the residents of CV.

The biggest mistake the residents of CV  can do is to elect Ed Black for anything.

Myron Solomon
Former VP of UCO

1 comment:

  1. Let's not forget his management of channel 63. A lot of motivated individuals ( not just the Craggs) who tried to get involved with getting some decent programming on the channel who are no longer there due to Ed Black and Joy Vestal ,