Dear Pheasant Run owners:

We are reaching out to you with a heavy heart and a deep sense of urgency.  We are a group of concerned owners, committed members of Pheasant Run Association.  We have invested not just funds, but also precious time and personal effort into our association's management over many years.  It's been a fulfilling journey of shared ambitions and collective achievements. However, today we face the unsettling reality of a looming financial crisis that threatens everything we've worked for: the risk of bankruptcy & endless special assessments.

This past year, we have uncovered signs that our financial reserves are being mismanaged.  Unneeded expenditures have outpaced reserve income, and there seems to be a lack of strategic financial planning. This is not just our concern, but it resonates with similar uncertainties voiced by several fellow owners in conversations. The threat to our association is real, and it demands immediate and decisive action from all of us.   More importantly there is an emergent need of identified repairs that this board is neglecting to do.  Their philosophy is: to push a $12,500 special assessment through and do the work after they get the money, with NO known date of when that will be.  That assessment is widely unpopular, unneeded and is very unlikely to pass.   Winter is coming quick and those repairs need to be done now, not waiting while they try to squeeze money from the owners for their "re-do" work that cannot be done this year.   Meanwhile the needed repairs are being withheld. 

Given these serious concerns, we are asking the president of the board, by the signing of this petition to call a special meeting of the members per our bylaws.   The purpose of this meeting will be to vote on our current boards removal and elect the new 2027 board.   Also, to discuss and vote on actionable measures regarding a solution that can avert the looming special assessment crisis, possible bankruptcy, and to chart a path forward for the future of our association.  The purpose to present, discuss and vote on proper reserve funding amounts for 2027 and forward.

Let us come together with our shared wisdom, expertise, and a unified will to address these challenges head-on. We owe it to ourselves, to our fellow members, and to our community to take prompt and responsible action before it's too late.

We implore you to sign this petition to demonstrate your commitment to the association and your dedication to steering us towards a secure and prosperous future. With enough support, we can initiate this special meeting, foster open dialogues, and implement necessary changes. Sign this petition to safeguard the future of Pheasant Run Condominium Owners Association.

Sincerely,

Concerned PRCOA owners