Quote:
Originally Posted by jbrown132
This is what concerns me. As pools age in The Villages. Is this going to happen to all of them. Remember these pools were paid for from the bonds people paid. Once the bonds have been paid off were does the money come from to replace them. It seems that the only thing to replace them with is with something that generates revenue. Hope I’m wrong.
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It wasn't the pool that failed, it was the restaurant.
I don't know, because I don't worry about such things, my guess that the budgets include monies set aside to repair/replace a pool or other assets that require attention.
We have been told many times on this site that one can attend budget preparation meetings to see actually what is in the budgets. Eliminates speculation......