Important information on Amenity Funds Important information on Amenity Funds - Talk of The Villages Florida

Important information on Amenity Funds

Closed Thread
Thread Tools
  #1  
Old 09-10-2010, 03:53 PM
EdV's Avatar
EdV EdV is offline
Gold member
Join Date: Jul 2008
Location: Village of Stonecrest
Posts: 1,122
Thanks: 0
Thanked 3 Times in 3 Posts
Default Important information on Amenity Funds

Those of you who either don’t know or who believe Lauren Ritchie’s (Orlando Sentinel Columnist) view that TV residents have absolutely no say in what happens with regard to the amenities in TV, should take a look at the latest news article in the September POA Bulletin.

Over the next ten years, the developer will be pumping back some $40 million into the amenities that are north of 466 and the resident elected members of the newly formed Amenity Authority Committee will oversee the distribution of those funds.

I think that this is something that all folks in TV should play close attention to. It’s too important to ignore. Get to know the AAC board member for your district, attend the meetings or at least review their meeting minutes on the AAC website http://www.districtgov.org/aac/aac.aspx
  #2  
Old 09-10-2010, 06:00 PM
pooh's Avatar
pooh pooh is offline
Sage
Join Date: Jul 2007
Location: MA, CA, TV
Posts: 6,101
Thanks: 2
Thanked 11 Times in 6 Posts
Default

Thanks, Ed.
__________________
Namaste y'all
  #3  
Old 09-10-2010, 07:41 PM
ijusluvit ijusluvit is offline
Platinum member
Join Date: Jun 2008
Posts: 1,688
Thanks: 0
Thanked 4 Times in 4 Posts
Default

Another deserved vote of confidence to the POA!

We need to support their hard work in continuing to publish the facts about life in TV.
  #4  
Old 09-11-2010, 08:09 AM
ssmith ssmith is offline
Gold member
Join Date: Apr 2009
Location: Chicago, Des Moines, St Louis, Fort Wayne -TV Wannabe
Posts: 1,006
Thanks: 0
Thanked 1 Time in 1 Post
Default I knew it, I knew it

Many feel the developer is a money hungry, selfish, ogre. While I do not know them at all...I think they try to do good by TV and of course they make a profit too.
  #5  
Old 09-11-2010, 08:58 AM
pauld315 pauld315 is offline
Gold member
Join Date: Aug 2007
Location: NY, FL, PA, TX, NC, TV
Posts: 1,497
Thanks: 44
Thanked 368 Times in 167 Posts
Default

Quote:
Originally Posted by EdVinMass View Post
Those of you who either don’t know or who believe Lauren Ritchie’s (Orlando Sentinel Columnist) view that TV residents have absolutely no say in what happens with regard to the amenities in TV, should take a look at the latest news article in the September POA Bulletin.

Over the next ten years, the developer will be pumping back some $40 million into the amenities that are north of 466 and the resident elected members of the newly formed Amenity Authority Committee will oversee the distribution of those funds.

I think that this is something that all folks in TV should play close attention to. It’s too important to ignore. Get to know the AAC board member for your district, attend the meetings or at least review their meeting minutes on the AAC website http://www.districtgov.org/aac/aac.aspx
But didn't this money become available due to a lawsuit the POA initiated against the developer ? It wasn't like they just handed it over without cause or I am I mistaken here ?
  #6  
Old 09-11-2010, 09:42 AM
EdV's Avatar
EdV EdV is offline
Gold member
Join Date: Jul 2008
Location: Village of Stonecrest
Posts: 1,122
Thanks: 0
Thanked 3 Times in 3 Posts
Default

I did not intend to imply that the money was the result of altruistic benevolence on the part of the developer.

It is however a good example of what a few residents were able to do when they felt that the central CDD was spending too much on purchasing amenities from the developer and not enough on repairs and funding of capital reserves. They also challenged the CDD’s position that the multi-modal paths were not amenities and that any repairs/widening would have to be funded by the numbered CDDs.

An out of court settlement has resulted in those funds and the establishment of the resident elected AAC to oversee those funds among other things. One of the first allocations ($6 million) is being used to widen the paths north of 466.
Closed Thread


You are viewing a new design of the TOTV site. Click here to revert to the old version.

All times are GMT -5. The time now is 12:01 AM.