Board Failed to Collect $1.375 Million From Pulte

January 3, 2010 by bobfrank.

On his blog, claimed law school graduate and former IRS employee David Berman has re-opened the festering sore of the $1.375 Million owed by (but not collected from) Del Webb/Pulte in 2005-2007 by saying:

“Don’t believe the phony issue that some have raised about SCA being entitled to the money, or at least interest on the money, at an earlier date. The promise to give SCA a specific some of money simply did not confer ownership of those funds upon SCA, and certainly did not confer the right to receive interest on those funds.”

That bogus/deceptive claim continues Berman’s massive efforts to hide his, other prior directors, prior Finance Committee members, and CAMs culpabilities on this sordid matter.

Try to imagine why all of the directors in 2005 (Including David Berman, Bob Berman, Bob Sansing, Favil West, David Weil, Pulte VP Dea McDonald and Attorney Lyndal Ruiz) would knowingly fail to require the developer to pay $1.375 million into our seriously underfunded reserves in 2005!

Now try to imagine why the reasons for such an indefensible action are still a huge secret.  There are absolutely no lawful justifications to be keeping such a secret.  Even the close friends of theirs should be demanding public release of the truth!

Pulte had already agreed in writing in 2003 to pay, and all the board had to do was to request prompt payment–as agreed. See page 3 in this link to the agreement:
http://www.anthemvoice.org/resources/DelWebb_14jul03_ltr-agrmt.pdf

As a board member in October 2008, I believed the Co-Gen/Rec Ctr 3 settlement negotiated by Roz Berman was a fraud, and I said so in writing.  Attorney Ed Song (law firm partner with SCA attorney John Leach) confirmed I made valid points in my statement; but, he recommended the board disregard them and proceed with approval of the Pulte agreement.  That was a typical, developer-oriented position from from John Leach, who was originally selected to control SCA by Del Webb over a decade ago.

For some of the background facts on this matter, and my statement see the following links:
Overview: http://www.anthemvoice.org/c-gen_issue.html
Fraud Allegation: http://www.anthemvoice.org/resources/Revised+Co-Gen_RecCtr3+Agrmt.pdf

So, when comparing the factual history of this Co-Gen/Rec. Ctr. 3 matter with David Berman’s deceptions, we see once again that his words and judgment can never be trusted.

The culpable directors always refuse to self-incriminate and answer truthfully about our millions of lost homeowner funds, and David Berman appears to be the designated spin master to continually try to distort and confuse SCA members on every matter of major dispute.

Ethical leadership can only be achieved in the future by cleaning house and electing honorable directors who insist on operating independently from the unity party cabal-political machine.

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