[Yorio]

Wonder what changes if any will there be to The Villages after the passing of Gary Morse? I know Morse left behind his second wife as well as children from his previous marriage. I sincerely hope that for sake of us who live in The Villages that all those left behind have a caring relationship amongst each other. As we know The Villages is a family owned operation. My memories go back to two very successful privately owned companies which went belly up because of personal feud amongst family members. One was a successful drug company and the other was a retail book chain both up north. May Gary Morse watch over this paradise he created and bring further happiness to all of us and the Morse family.

[2BNTV]

Mu personal opinion is that Gary had turned over the reigns to his children several years ago and they will continue his legacy, for the foreseeable future. I remember the children said they will involve the grandchildren at some point, so it's a safe bet, TV will be here for many years to come, and will be kept pristine in it's appearance.

Today's paper indicated future growth with new businesses coming to TV.

It's all good. TV is in good hands. Don't worry, be happy!!!

[redwitch]

I doubt there will be much change, if any. Most of the money has been in a family trust for a long, long time. Mark has pretty much been running the organization for several years. The kids and grandkids have been working here since they've been able to work. I'd say this is a family that has their act together.

[rdhdleo]

I agree, I doubt Gary played a huge part anymore and most likely was enjoying life. Does anyone know what he died of? Had he been ill?

[billethkid]

I agree GAry had probably relinquished most if not all operating responsibilities.

TV is mostly built out so there won't be any impact on developement.

The future issues for TV are no different today than for the past 10 years we have been here. After the build out and the developer backs away (what ever that means/constitutes) what is currently subsidized that has not become a resident responsibility?

TV will become an independent municipal like operating entity relying on existing investments, future amenity fees and other operating incomes.

Since the developer has already began backing away from most of the previous "villages" there is an experience going forward factor already established.

When TV becomes sort of like many of us....a fixed income scenario.....is when the real test will begin. People/residents will continue to want more tomorrow than they have today. And as I have said many times prviously there is only so much operating money available. Hence new projects, not in the operating budget become a trade off for something already budgeted or the new project is dismissed or the amenity fees go up. And the latter is one we as residents must remain vigilant about.

What usually happens in communities like ours is there is in fact creep in expenditures. There are new amenities approved. Then follows the budget shortfalls. And soon following will be the increasing amenity fees.

Most people who are involved in "running" communitites after the developer separation are not business based. They usually are populist in nature, hence lack the much needed discipline to say NO!!! Or to operate ONLY WITHIN THE CONFINES OF AN ESTABLISHED BUDGET!!!!!!

The last paragraph will determine the future, ongoing success of TV......not the absence of Gary Morse!

[Bizdoc]

At the last "State of The Villages" session in the spring, Mark Morse included the other key members of the management team and stressed that the family was involved in The Villages. At the time, it seemed, well, a touch odd. However, I suspect that they knew of Gary's health and were working to prevent the uncertainty that sometimes surrounds the death of a CEO.

From what I have seen of "Morse, Inc" is that they are superb planners who think everything thru. I have no doubts that things will continue to run smoothly.