[QUOTE=outlaw;1109186]
Quote:
Originally Posted by graciegirl
I think by Florida law, the developer must turn over the control to residents once a certain amount of homes have been sold. I don't know why you would think otherwise. Did the sales person tell you that?
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outlaw: what does relinquish control mean? If the past is prologue to the future then The Villages of Lake-Sumter, Inc. will continue to spin off only those facilities they deem unprofitable or unimportant to their business plan. make no mistake The Villages is their fiefdom and they intend to tap into it for many years to come. They own or rent all of the commercial property adjacent to The Villages. They established and fought off repeal of Sumter One for good reason. They own or control all local news media There is no question in my mind that The Villages of Lake-Sumter, Inc will control even if at an arms length distance.
Oddly enough for me I have not satisfied myself as to who would better govern. Like all decisions it is a trade off.
Personal Best Regards: