Poinciana HOA leaders meet to discuss president’s future, mishandled funds 

Article and Video Courtesy of Channel 9 News

By Nancy Alvarez         

Published April 13, 2015

Watch VIDEO

    

OSCEOLA COUNTY -- A special meeting was called in Poinciana Friday to find out what happened to the funds that were allegedly mishandled by the company in charge of managing it.

        

The meeting ended very much the same way it began: with a deep divide between a group of residents and people charged with managing the community.

 

The special meeting was called by a member who said Poinciana Homeowners’ Association president Peter Jolly was overstepping his boundaries by asking too many questions of FirstServices Residential, the company hired to conduct Poinciana’s business.

    

Document: Statement from FirstServices Residential

 

He sent a letter to the State Attorney’s Office for Osceola and Polk counties, alleging at least $2 million is unaccounted for.

    

“We have a management company that does not follow the orders of the APV Board of Directors. We have the tail leading the head,” Jolly said.

 

Residents said they support Jolly’s call for an investigation, but others oppose it.

 

Board member Tony Iorio is also vice president for Avatar, the developer of Poinciana.

 

He said the property management company is an open book.

   
“Until we hear back from an auditor that there is an impropriety, no one has proof of such,” Iorio said.

 

Proof every penny is accounted for is exactly what Jolly wants.

 

A motion to remove him as president failed Friday, so his mission continues.

 

“As president, I have a responsibility to make sure there is transparency,” Jolly said.


Poinciana HOA believes money being mismanaged

TV NEWS HOME NEWS PAGE