Talk of The Villages Florida - View Single Post - 400 million $$ amenities purchase
Thread: 400 million $$ amenities purchase
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Old 10-16-2016, 07:52 AM
Warren Kiefer Warren Kiefer is offline
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Quote:
Originally Posted by Mikeod View Post
I believe the only way the residents can get control is if the family decides to sell all the property in the town squares since the only people who can vote for representatives in the central CDDs (VCCDD and LSCDD) are the landowners in that CDD, which is the family. Residents can elect representatives in their residential CDD, but their power is very limited to that CDD only and has no control over amenities (south of 466, as the AAC has authority north of 466).

I expect/hope the revenue stream from our amenity fees will cover the purchase with sufficient surplus to address repair and renovation. This was, I believe, the main reason for the lawsuit and settlement that resulted in the AAC.
You are correct !! What bothers me a great deal is that the decision to more or less force us into the purchase was determined by a board that is totally appointed by the Developer. Every member has a connection to the Developer.