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Subsidize a business that loses money?
Subsidize a business that loses money? Sure, why not? The government does it all the time; think Amtrak, GM, Ford, etc. We tax and amenity paying Villagers have unlimited cash so by all means, pile on the amenity fees!
Seriously though, since Katie Belle's was apparently not only mismanaged but also poorly patronized by TV residents since it was operating in the red, why should all of TV have to pay increased amenity fees just so a hundred or so Villagers can go there and relive past glories? Find a chain restaurant to fill the space, BUT... Good luck stopping those apartments though despite the recent ruling. TV management would make an enormous profit from apartments versus such a comparatively minuscule amount from a restaurant lease. The apartment issue is far from over, just wait and see! |
Sumter County commissioners
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Hmmmm, the Daily Sun reported that the Lady Lake town commission rejected plans to revitalize Spanish Springs Town Square? So they are claiming that seven apartments on the second floor of the Van Patten building will revitalize the square? I’m all for revitalization of the square, but it seems like a realllllly big reach that 7 apartments on the second floor of a building will do the trick.
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I'm not at all opposed to the developer making use of that space. They shouldn't be sitting vacant - the developer does pay property taxes and insurance on that property whether it's filled or vacant. I just don't think it's suitable for residences. |
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They would recoup they demo costs in five years. Maybe that would make the anti-condo peeps happy. :ho: |
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Apartments Not Approved
From the Villages News:
Pressure is mounting for the resurrection of Katie Belle’s on the heels of the Lady Lake Commission’s rejection of a plan for seven apartments at the former home of the legendary dance hall. An angry mob of Villagers forced a 3-2 vote Monday night on The Villages’ plan for the apartments at the Van Patten House at Spanish Springs Town Square |
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Angry mob Forced a vote All great click words…….seems a bit exaggerated! |
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Consider the source. |
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