Wait until you see the bill for this debacle. In addition to the pool, the deal includes the homeowners buying the DCC. The package will be well over a million dollars and future maintenance, salaries and improvements will "bump" the cost astronomically. How about the shares of the bill which would be paid by those in default? Who will pick up their shares? I'd love to see the "weed lot" replaced but we've got to see all of the figures and projections. This will benefit KL as much or more than those of us who have to pay the pool and may or may not ever use it. It will enhance the values of the properties near it but parking and other considerations will have to really be thought out. A vote will have to be taken in the community but KL has implied that it is simply for an "information loop" and feedback rather than a binding vote. The HOA will control hiring (at their usual level of extravagence plus their 28% management fees, on top) and why would residents in Eastlake or Northshore vote to pay $50+ more per month (a guess) in HOA dues to fund a pool in Founders? There are too many questions to be asked before we run, headlong, into this (ad)venture, led by some with an agenda. Cooler heads need to prevail on this one.
Scoop, keep us abreast of the whole scenario as it unfolds.
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