Like all government spending the cost of construction and operation costs will be understated to get the issue passed.
Like all amenities here there is going to be a scramble for use and one has to ask when will it stop? How many golf courses can we maintain before costs exceed benefit. Despite agreements that amenities fees can't be raised except for a 3% inflation factor the reality is that when push comes to shove....and it will our expenses here are going to go sky high in conjunction with the continuing depletion of our retirement savings.
Now I am sure someone is going to come forward with an accounting scenario to refute this. However that what government's CBO does on a daily basis and one has to ask, "How's that working out for you"?
Some residents north of 466 claim it is their business coming from the amenities lawsuit and has nothing to do with those south of 466.
However as time passes we find that irresponsible government (AAC) spending falls on all taxpayers ( residents) via increases in their taxes (amenity fees)
Given inflation wear and tear etc residents will have a big lift just maintaining our present facilities.
Again the Developer jettisoned the indoor pool because it was too expensive to maintain. If a multi-billionaire sees this as a liability rather than an asset then how does the AAC believe it should proceed with this albatross?
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