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The Developer’s business model is second to none. What surprises me it is not copied by others as much as one would think. They build, we buy and we maintain. Isn’t this a great country or what?
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What is Corten Steel? | Corten.com | Distributor of Corten Steel |
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Ultimately TV residents pay in one way or another. So enjoy.
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I believe the Villages is an HOA. If so, the replacement of the water tower and windmill should be under reserves and part of your monthly maintenance fees. They would not appear under the operating budget. If they follow F.S. 720 they must replace those items or get a vote of TVI to do away with them. One day I will look into the governing docs. (One day when I am extremely bored). OK, I was bored, so I looked into it. There are very few areas of the Villages where the documents filed show it as a created HOA. There are a couple, but not many areas. Now I am curious as to what (if any) association TV is/are. In SS there are condos and there is a Declaration of Condo filed. This would mean that they fall under Florida Statutes 718. The size and multitude of secondary associations would make auditing or even managing them great fun (Finance people are a strange lot with a warped sense of fun).
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I have no desire to play any game, I was simply pointing out that a statement was incorrect. Just like a statement that the Villages is an HOA would be incorrect. The Resident Academy is an excellent resource for learning how your local government actually works. |
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Resident Academy. It is good advice and I'm sure meant to be helpful. You don't seem to understand how the Villages operates. I'm guessing you may not live here. :wave: |
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