RSFA Board Candidate: Greg Gruzdowich

Author: Phil Trubey

Date: July 02, 2020

This article is part of a series of interview articles we are doing for the 2020 RSFA Board election. 

Greg Gruzdowich wants the Association to make better use of its assets to benefit more of its members. As an example, he points to Osuna Ranch, a commercial working barn owned by the Association. Covenant members comprise only a minority of its customers. Since commercial barns at best break even financially, Gruzdowich doesn't see how it makes sense for the Association to tie millions of dollars up in owning this sprawling piece of real estate. He acknowledges the historic importance of the Osuna adobe, but would like to see a solution where the Association recoups the millions tied up in Osuna while preserving the adobe house. He believes it is probably unrealistic to ever recoup the full purchase price of the Osuna property, but that "sunk cost" is irrelevant to the financial decision to unlock the current value of that financial asset today.

The Association owns other properties and Gruzdowich would like an asset review performed to see if others could also be sold or transformed in some way to increase the value to the community. "I'm a fiscal conservative" he says, and would like to see the Association put both its financial and non-financial assets to the best use for a larger contingent of our community.

He's fine with the new cost sharing agreement between the Association general fund and the Golf Club to share restaurant operating deficits. Indeed, he'd like to see the restaurant asset be moved entirely to the Association's balance sheet and given a proper level of attention as a community asset. "When I first moved here in 1993, I thought a community owned restaurant was a really wonderful idea", Gruzdowich explains, and would like to encourage more community involvement and use of the restaurant.

Gruzdowich is also in favor of encouraging a pod or condo concept for step down housing to allow older community members to continue living in our community. During his over 25 years of living here, he says that he has seen too many people decide to move out of our community simply because there are too few current options within our boundaries.

Click here to read Greg Gruzdowich's official campaign bio.