Talk of The Villages Florida

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billethkid 04-01-2016 10:01 AM

Quote:

Originally Posted by outlaw (Post 1206947)
Interesting how so many Morse fans seem to relish being kept in the dark regarding future development/expansion plans. And to tout the Morse business practice of keeping their employees in the dark shows just how gullible people can be. I'm starting to understand why seniors need special protected class laws to protect them from being taken advantage of.

Usually in a business or other enterprise involving numbers of peoples that are either workers or customers or competitors the future planning is not a shared infromation for many reasons that should be obvious.

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

billethkid 04-01-2016 10:11 AM

Quote:

Originally Posted by jbdlfan (Post 1206727)
They just admitted in the DS a few days ago that they indeed do have customer leases that require a "cut." I believe the number was around 6-7% of current leases. I believe also that is in direct contradiction to a statement by Tutt or someone else in authority late last year.(some of us call that a fabrication or a lie) So no, not urban legend. My guess is that originally this was a more common practice when they had a smaller leasing base.

There is no doubt there are many differing leases for the many different businesses in TV. Some small businesses and some very large (in revenues).

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!

GaryW 04-01-2016 11:39 AM

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:

Retiring 04-01-2016 12:15 PM

Quote:

Originally Posted by outlaw (Post 1206947)
Interesting how so many Morse fans seem to relish being kept in the dark regarding future development/expansion plans. And to tout the Morse business practice of keeping their employees in the dark shows just how gullible people can be. I'm starting to understand why seniors need special protected class laws to protect them from being taken advantage of.

Outlaw, as you know in business there must be an element of secrecy. If Mr. Morse said, one day we would like to be south of abc blvd., I would be first in line to buy 20 acres south of abc blvd, then sell to the Morses at a healthy profit. You never telegraph your punches.

joldnol 04-01-2016 02:25 PM

Quote:

Originally Posted by Retiring (Post 1207097)
Outlaw, as you know in business there must be an element of secrecy. If Mr. Morse said, one day we would like to be south of abc blvd., I would be first in line to buy 20 acres south of abc blvd, then sell to the Morses at a healthy profit. You never telegraph your punches.

Disney used a half dozen shell companies to buy their land here

Polar Bear 04-01-2016 03:26 PM

News for New Areas South
 
Quote:

Originally Posted by Retiring (Post 1207097)
...in business there must be an element of secrecy...

Quote:

Originally Posted by joldnol (Post 1207158)
Disney used a half dozen shell companies to buy their land here

Yep. It's just business. Nothing mysterious or conspiratorial.

JoMar 04-01-2016 04:29 PM

Quote:

Originally Posted by Retiring (Post 1207097)
Outlaw, as you know in business there must be an element of secrecy. If Mr. Morse said, one day we would like to be south of abc blvd., I would be first in line to buy 20 acres south of abc blvd, then sell to the Morses at a healthy profit. You never telegraph your punches.

I agree, also think Outlaw owned his own company or a very small company. As most of us that have worked for large companies, we know that strategic plans of a company are not shared with the employee population or the customer base until they move to the tactical planning.

Duppa 04-04-2016 12:14 PM

Topics Merging
 
As taken from the parallel thread on news about the start of Village of Fenney..

Quote:

Originally Posted by DReifinger (Post 1208465)
The history of TV was always building south, and with each phase making improvements as they progressed. At times they came back north and built east as in the case of Mission Hills and Pine Ridge/Pine Hills, probably as land was attained later. TV does not wait, they move on, they progress, as any good business/developer/provider should. Maybe their goal now is to start south, where they will probably provide turnpike access, and build north to 44. This will allow enough homes (people) to adequately encourage commercial business on 44 similar to 441. Remember, you will probably never be near "the end" or "to far out" in TV. If you try to buy in the middle of TV, can anyone predict where that may be? Exciting times here, as opposed to other parts of this country where there is barely any developing at all.

Here we find the "South to North" build theory set in motion and now fully operational: TV Developer builds housing (in new "southern" Village of Fenney) commercial construction and expansion (north to 44) to follow. Simple plan/simple execution: people in place, stores to follow... For TVers, does it get more exciting than this? Yes, of course, the issues of surging growth are many but I'm willing to bet most of us are more than willing to sit back and enjoy the ride...

justjim 04-04-2016 01:09 PM

"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.

twoplanekid 05-04-2016 08:26 AM

(Ground broken for first homes in the Village of Fenney) according to the other online news source.

twoplanekid 05-10-2016 08:32 AM

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?

biker1 05-10-2016 08:38 AM

There are several different flood zone characterizations - indicated by a letter or several letters. Which one are they in?

Quote:

Originally Posted by twoplanekid (Post 1224047)
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 flood zone?


justjim 05-10-2016 08:42 AM

Disclosure
 
Quote:

Originally Posted by twoplanekid (Post 1224047)
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 flood zone?

That is a good question. A house built in a 100 year flood zone would require disclosure by the builder.

twoplanekid 05-10-2016 09:06 AM

1 Attachment(s)
See # 11

UpNorth 05-10-2016 09:33 AM

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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