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For many reasons some in their control and others not plans can be changed; modified; abandoned; put on hold, etc. So there is no merit in telling people about future planning until such time as it is a sure thing to be implemented or done. To some the practice of good planning and self preservation and promotion or expansion are viewed as being kept in the dark. It is just common sense good business. The commentary about being a special protected class is really not true or even amusing |
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Leases that have what folks like to pray on as the developers "cut" is taken out of context and intent. If one had a business plan that portrayed a base of $300,000 per year and a growth factor of 5%+ per year. The lease would have some language to the effect that if the business should surpass $1.2 million in revenues the TV would THEN get a certain percentage. the target amount was established and agreed to by the lessor and the lessee. And most lessors would be happy beyond their wildest expectation to achieve such high revenue numbers and writing a check to TV would be just fine by them..........to have a bussiness and associated success and profitability at that level. Without knowing the details of any given lease and because each and every one of them is different and discreet....it is just not correct to assign any given characteristic as a general situation with all leases in TV. It is just not true! |
The main reason the cat does not get out of the bad to soon is many of the plans change minute to minute. There are so many issues that have to be resolved. Permitting,, water rights,, and so on.
Something might sound like the best idea in the world now, but 6 moths or year down the road, things change. The Sumter County Mast Plan map has changed so many times. That is why nothing is leaked. Has nothing to do with anyone being in the dark. It is their company and business. We will know when they let us know. Do not see the big issue. Funny just reading all the rumors. :icon_bored: |
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News for New Areas South
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Topics Merging
As taken from the parallel thread on news about the start of Village of Fenney..
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"You can't always plan the future by the past". Burke, E. Anyone who tells you The Developer is going to do such and such---take the words as "a grain of salt." When it is no longer profitable, buildout will come and only then.
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(Ground broken for first homes in the Village of Fenney) according to the other online news source.
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I noticed that The Village of Fenney will be located within the 100 Yr. FEMA flood zone. Are other areas of the Villages also located in a flood zone?
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There are several different flood zone characterizations - indicated by a letter or several letters. Which one are they in?
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Disclosure
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See # 11
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Getting put in the FEMA flood zone is a disaster. After taking a big hit with Superstorm Sandy, FEMA decided to upgrade their flood plain maps, and added areas into the flood zone. If you want to buy a house with a mortgage backed by the federal government, you are required to purchase flood insurance. I experienced this when I tried to sell my parents' house in Connecticut. Buyers were required to purchase $2300 of additional flood insurance per year on a $200,000 house. Talk about a deal killer! Luckily, I had an elevation survey ($1000) done on the house to prove it was above the flood plain. After a load of paperwork and time with FEMA, it was removed from the insurance requirement,but not after a lot of good offers fell through. Don't know what the deal will be in the new Villages if they are in the 100-year FEMA flood plain. I'm sure few will be willing to add $$$$ flood insurance to their mortgage payments.
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