[Goldwingnut]

Originally Posted by Stu from NYC

I understand the agreement is up for renewal but is there a reason it should be for 20 years? A lot can happen during that time.

The reason for the long-term agreement is that it benefits everyone. If it were short term, 3-5 years like CDD7 would want, there is no way to enter into long term agreements with suppliers and contractors for services. These long-term contracts bring with them HUGE savings for the CDDs that could not be achieved otherwise. The PWA agreement can be revised at any time with the agreement of all signatories, so even though it is a 20-year agreement it is not inflexible and can be modified.

Is the PWA perfect? Nope, there were issues with it that were being addressed as a part of the effort to establish a PWAC2. Of course this all fell apart last year. 45 district supervisors, several lawyers, and countless district staff reviewed the PWAC2 agreement, including the Sumter Landing CDD supervisors (developer's reps) and all agreed, the new agreement was an improvement for everyone, and would benefit everyone. But 3 supervisors made it fail, because of their inability to understand what the PWA was about and a hatred of the developer. Some see the cdd7 supervisors as champions of the people looking to put it to the developer, most see them as bumbling fools wasting the resident's money on an overpriced lawyer who is only telling them what they want to hear just to feed their own egos and his wallet. Of course, this has cost 7 of the other CDDs a lot of money and will likely cost them even more in the future, hence the recent actions of CDD6 against CDD7.

Most residents don't understand the PWA and its purpose and tend to believe the biased and frequently erroneous information they read on websites and social media instead of going to the meetings and finding out the facts. The water tower and windmill will be a certain topic of discussion and deliberation at the Monday PWAC meeting.

[Papa_lecki]

Originally Posted by Goldwingnut

Most residents don't understand the PWA and its purpose and tend to believe the biased and frequently erroneous information they read on websites and social media instead of going to the meetings and finding out the facts. The water tower and windmill will be a certain topic of discussion and deliberation at the Monday PWAC meeting.

SO, not everything you read on the internet is true?

[rustyp]

Originally Posted by Goldwingnut

The reason for the long-term agreement is that it benefits everyone. If it were short term, 3-5 years like CDD7 would want, there is no way to enter into long term agreements with suppliers and contractors for services. These long-term contracts bring with them HUGE savings for the CDDs that could not be achieved otherwise. The PWA agreement can be revised at any time with the agreement of all signatories, so even though it is a 20-year agreement it is not inflexible and can be modified.

Is the PWA perfect? Nope, there were issues with it that were being addressed as a part of the effort to establish a PWAC2. Of course this all fell apart last year. 45 district supervisors, several lawyers, and countless district staff reviewed the PWAC2 agreement, including the Sumter Landing CDD supervisors (developer's reps) and all agreed, the new agreement was an improvement for everyone, and would benefit everyone. But 3 supervisors made it fail, because of their inability to understand what the PWA was about and a hatred of the developer. Some see the cdd7 supervisors as champions of the people looking to put it to the developer, most see them as bumbling fools wasting the resident's money on an overpriced lawyer who is only telling them what they want to hear just to feed their own egos. Of course this has cost 7 of the CDDs a lot of money and will likely cost them even more in the future, hence the recent actions of CDD6 against CDD7.

Most residents don't understand the PWA and its purpose and tend to believe the biased and frequently erroneous information they read on websites and social media instead of going to the meetings and finding out the facts. The water tower and windmill will be a certain topic of discussion and deliberation at the Monday PWAC meeting.

While I understand the hesitancy from the supplier side you pointed out the flip side of the coin is why should we the residents enter into anything long term at the infancy stage when the decision makers are all appointed by the developer ?

[Jayhawk]

Originally Posted by Stu from NYC

I understand the agreement is up for renewal but is there a reason it should be for 20 years? A lot can happen during that time.

Did you ever have a long-term mortgage, or did you avoid it because a lot can happen in that time?

[Stu from NYC]

Originally Posted by Jayhawk

Did you ever have a long-term mortgage, or did you avoid it because a lot can happen in that time?

I always had the option to refinance. Do the individual districts have the right to make changes? I do not think so.

[Jayhawk]

Originally Posted by Stu from NYC

I always had the option to refinance. Do the individual districts have the right to make changes? I do not think so.

Not correct. If your income goes down, you may not qualify. If the house value drops, you may not qualify. Rates go up, or your credit score drops, you may not qualify. You are taking a gamble with a mortgage, each and every time.

[Goldwingnut]

Originally Posted by rustyp

While I understand the hesitancy from the supplier side you pointed out the flip side of the coin is why should we the residents enter into anything long term at the infancy stage when the decision makers are all appointed by the developer ?

Good question, currently only the commercial districts and CDD13 have developer appointed representatives. CDD13 landowner elected seats 1, 2, and 3 will be coming up for election in November, it is not unreasonable to assume that these 3 new seats will be held by residents of CDD13, assuming any will step forward and run for the positions. This would put the majority voice and vote in the hands of the residents.

The PWA requires unanimous agreement by all signatories for any changes to the agreement, so the other 9 resident elected supervisors on the PWAC board must also approve any decisions and changes. So, there are residents looking after the best interests of all the residents in these matters.

Entering into PWA brings with it immediate economies of scale and reduced pricing for the majority of services that the new CDDs require. This represents substantial savings to the fledgling CDDs as they start up and brings with it resident oversite of these costs. Additionally, this process reduces the overhead and administrative costs of not having to put every contract for serves out to bid for each new CDD, instead all contracts all carry the ability to amend and add on additional services at the already agreed to rates.

Some are very quick to point out that a majority of every CDDs budget funds are contributed to the Project Wide Fund under the PWA, of course it does, what is consistently ignored and not discussed by these same individuals is that the majority of the services required to be delivered by the CDDs are carried out under the PWA at significant savings to the CDDs. So yes most of your CDD's budget is used to perform most of the work, work that is carried out under the CDD.

The basics of the PWA are to maintain common infrastructures - cut the grass, trim the trees, maintain the storm water system and retention ponds, and maintain the common areas. The argument against the assessable acreage calculation ignores this simple fact and claims the commercial districts don't pay their fair share. Lake Sumter Landing has about 75 assessable acres to contribute to an even smaller number of acres to be maintained under the PWA, while CDD10 has about 1500 assessable acres and a substantially higher number and ratio of acre to be maintained under the PWA. These acres are out of the approximately 10,400 assessable acres. So yes the commercial district pay a relatively small portion of the project wide fund assessments, because they have so few acres to maintain. Should one district pay more per acre to cut the grass or trim a tree than any other? I don't think so.

The commercial district properties (tenants) pay more than 10 times the maintenance assessment per square foot that residential properties. These fees pay for not only maintaining the buildings, but also all the parking lots, cleaning the streets and parking lots of trash nightly, and many other things that directly and indirectly impact the residents. The commercial properties pay the full burden of the nightly entertainment (Sumter County stopped contributing their 50% to this about 2 years ago), this is a self-serving gesture as the goal is to bring more people to the squares and thus more customer to their businesses.

With respect to the windmill and water tower, one can only hope that prudence and good judgment in these difficult financial times will win out at Monday's PWAC meeting.

[Pairadocs]

Originally Posted by Keefelane66

The Developer is under such financial distress maybe we should all pitch in to help.

You mean we are not already pitching as as much and as fast as we can while trying to cope with $4.60 gasoline and $7.29 # hamburger, and utilities that are going up so fast you can't even keep track ! Yep, retirement is tough for sure.

[rustyp]

Originally Posted by rustyp

While I understand the hesitancy from the supplier side you pointed out the flip side of the coin is why should we the residents enter into anything long term at the infancy stage when the decision makers are all appointed by the developer ?

Originally Posted by Goldwingnut

Good question, currently only the commercial districts and CDD13 have developer appointed representatives. CDD13 landowner elected seats 1, 2, and 3 will be coming up for election in November, it is not unreasonable to assume that these 3 new seats will be held by residents of CDD13, assuming any will step forward and run for the positions. This would put the majority voice and vote in the hands of the residents.

The PWA requires unanimous agreement by all signatories for any changes to the agreement, so the other 9 resident elected supervisors on the PWAC board must also approve any decisions and changes. So, there are residents looking after the best interests of all the residents in these matters.

Entering into PWA brings with it immediate economies of scale and reduced pricing for the majority of services that the new CDDs require. This represents substantial savings to the fledgling CDDs as they start up and brings with it resident oversite of these costs. Additionally, this process reduces the overhead and administrative costs of not having to put every contract for serves out to bid for each new CDD, instead all contracts all carry the ability to amend and add on additional services at the already agreed to rates.

Some are very quick to point out that a majority of every CDDs budget funds are contributed to the Project Wide Fund under the PWA, of course it does, what is consistently ignored and not discussed by these same individuals is that the majority of the services required to be delivered by the CDDs are carried out under the PWA at significant savings to the CDDs. So yes most of your CDD's budget is used to perform most of the work, work that is carried out under the CDD.

The basics of the PWA are to maintain common infrastructures - cut the grass, trim the trees, maintain the storm water system and retention ponds, and maintain the common areas. The argument against the assessable acreage calculation ignores this simple fact and claims the commercial districts don't pay their fair share. Lake Sumter Landing has about 75 assessable acres to contribute to an even smaller number of acres to be maintained under the PWA, while CDD10 has about 1500 assessable acres and a substantially higher number and ratio of acre to be maintained under the PWA. These acres are out of the approximately 10,400 assessable acres. So yes the commercial district pay a relatively small portion of the project wide fund assessments, because they have so few acres to maintain. Should one district pay more per acre to cut the grass or trim a tree than any other? I don't think so.

The commercial district properties (tenants) pay more than 10 times the maintenance assessment per square foot that residential properties. These fees pay for not only maintaining the buildings, but also all the parking lots, cleaning the streets and parking lots of trash nightly, and many other things that directly and indirectly impact the residents. The commercial properties pay the full burden of the nightly entertainment (Sumter County stopped contributing their 50% to this about 2 years ago), this is a self-serving gesture as the goal is to bring more people to the squares and thus more customer to their businesses.

With respect to the windmill and water tower, one can only hope that prudence and good judgment in these difficult financial times will win out at Monday's PWAC meeting.

Actually I was referring to PWAC resolution 13-05. This document appears to be the original template which set up obligations between the districts south of 466 and the developer. Any amendments to that resolution since then appear to be a formality to include new areas and districts under the original rule set. I attempted to find the names of the district chairs and research if they were the original representatives assigned to each district by the developer (I.E. the 7 year weaning process). The attachment is not included on the PWAC site. Thus I'm talking about the days of Janet Tutt for you old timers. Of interest also is there is no time limit mentioned in the document which I will interpret as someone did not give forethought if this original agreement really represents the will of the residents (taxation without representation). As we know from history many of the developers business partners were assigned as district reps at the beginning of each CCD. Those reps in many cases were the very suppliers that were also entering into long term agreements with TV as you mentioned why the need for stability.

[Bill14564]

Originally Posted by Goldwingnut

...

With respect to the windmill and water tower, one can only hope that prudence and good judgment in these difficult financial times will win out at Monday's PWAC meeting.

Is the PWAC meeting this coming Monday (6/6)or is it the second Monday of the month (6/13)? The Agenda and Minutes page seems to contradict itself.

[Goldwingnut]

Originally Posted by Bill14564

Is the PWAC meeting this coming Monday (6/6)or is it the second Monday of the month (6/13)? The Agenda and Minutes page seems to contradict itself.

This coming Monday - 6/6/22

[Topspinmo]

Originally Posted by Bogie Shooter

Palms could be planted and then the whiners could bitch why they were not being trimmed.

I vote for coconut palms….

[golfing eagles]

Originally Posted by Topspinmo

I vote for coconut palms….

The singles clubs want "date palms"

[Challenger]

Originally Posted by retiredguy123

I worked in Federal construction. Looking at the photos of those two structures, I'm thinking millions, not thousands. LOL.

If this was a Federal Related program you would be correct!