Phil Hewett
Address: 6101 Cutlass Court, Sec/Lot #05-074
Phone: 252-617-7366, Email: philipchewett@gmail.com
Running for Re-Election and Moving Forward … As directors for the past three years, John Rothengast and I seek re-election. You have seen firsthand the improvements that have taken place when the right team is assembled. John and I had three objectives we started, but the job is not complete.
First: Get our books in order. This meant breaking up the profit centers so you could manage and understand actual costs instead of having a financial reporting structure that was rolled up into a single balance sheet, where nobody could understand the math. This also meant partnering with our management team to set performance goals, objectives, and quantifiable targets.
Second: Find new and creative ways to source revenue or reduce liability. Many new programs contributed to the bottom line, such as special events at the Pointe, Golf Membership Packages, and Land Development. But we needed one to move the needle and benefit the entire community. It had to provide not only options and fixed pricing but also allow us to control what is being called the next "future utility." Yes, it's Fiber, our own private network … if you think about it, most homes can't function today without water, electricity, and the internet, unlike what is happening with "CWS" and our water bills. However, the real win/win behind this non-dues revenue, besides bringing in millions over its lifetime, is that Fiber allows us to secure our community with POE technology (powered over the intranet). It increases our property value since we can market it and state we are the only gated neighborhood in the area.
Lastly: Build a new Community Center. This has been tried for the last 15 years, but it would never be a reality without achieving the first two objectives above. Financial institutions are competing for our business because our books are in order, we are in a positive position, and new revenue sources have been established to support such an undertaking.
Not only are we expanding our capital projects, but now we have the funds dedicated and programs in place to maintain our existing 385 infrastructure (seawall, cart paths, and marinas) without sacrificing our business's marketing.
Please look around the community and see the improvements. We have a fresh rebrand and an influx of new residents expecting higher standards and enhancements.
We are the proven executives you need going forward. In the most significant growth period since our conception, this is NOT the time for governance change. John and I have been on the ground floor negotiating and know the intimate details of each project. We have solid business relationships with the architect, builder, banker, Fiber, and security partners.
Community is everything to us, but you need proven results to run a 5-million-dollar corporation; otherwise, without growth, it withers and dies. We understand nobody likes change, and it can be scary, but to move forward, continuity is essential, or you will have stagnation.
Don't fall for platitudes and catchphrases; look at the financial results. We are no longer handcuffed by the terms of the $385 loan; we have a fully funded Harbour Club, a growing non-dues income, and finally, a specific budget to replace our failing infrastructure. We get all this plus: instead of costing each lot owner $235 as in previous years, having a golf course and a restaurant in your backyard now only costs you $30.
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