We wanted to share with everyone, pursuant to questions that arose at our last Board Meeting, that the Board formalized the TKB Purchasing Proceduresat the July 2019 Board Meeting that had been and continue to be in place to guide the process for the purchase of goods or services at the Towers.
As explained in the attached document, the goal of the Board of Directors is to ensure that expenditures are done in a manner such that the best available value is achieved to benefit the homeowners of the association, and to have procedures in place that not only provide reasonable controls when making purchases, but represent a process with the intent of identifying the best provider of the goods or services that the Association requires.
We hope you find this informative, and welcome any questions you might have.
