something I found interesting...
Right now Kennecott Land is paying for 2/3 of the HOA office rent, the rent is $3150 (I might be off $50) and KL is paying $2100 of that (I know the person who owns the house their office is in). And the move to the Village Center will mean that the HOA will be paying $6,000 per month for a 3000sq ft office ($20 pr sq ft), which is list cost for any tennants who wish to move into the Village Center. Why isn't Kennecott Land willing to only charge the HOA $2,000 per month? A month like that would save the Daybreak Homeowners another $48,000 per year...
I bet KL is going to make sure that the rent is paid via their sub fund (just like the DCC rent). So if KL gives $750k per year to the Daybreak Homeowners Budget and then we know that $270k of that goes strait back into their pocket (not to mention the tax break they get on the other side). Then if KL does make the new HOA office rent come out of the sub that would be another $72k that goes strait back into the pocket of KL. So in reality KL only subs about $408k into the Daybreak Homeowners budget...that isnt even 10% of the total community budget...
Does KL really have the right to run the BOD? they are already being compensated be all the profits they see from the community, just because they are the founder doesn't mean they should be able to rule with an iron fist and pretend to care about the opinions of the Daybreak Homewoners....
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