Day: November 28, 2018

Beware of the Proposed Golf Course Irrigation Well

A rather impromptu Board Meeting was called for this past Tuesday with an improper notice time frame, i.e. it should be 72 hours and not less.  Now the Meeting is for Friday.  On the agenda is the Golf Course Irrigation Well.  This well has been touted as a money saver for the Residents – really? It would be nice to have a visual showing how the savings will wash out rather than just believing what the Residents are told.  Here are some vetting issues.

  • Was there a written and professional evaluation showing how the cost and use of this irrigation well would save the Residents money in irrigation expenses for the Golf Course?
  • Is the impact of the lost irrigation revenue at Aquarina Utilities been investigated, e.g. could the cost of potable water for Aquarina go up because of the lost irrigation revenue.  This is a public utility, and the Florida Public Service Commission allows utilities to reasonably raise rates to stay in business.
  • In the sale and purchase of Aquarina Utilities, was there a condition that the utility would be promised the Golf Course Irrigation account?
  • Has the cost of digging the irrigation well and its ongoing maintenance been investigated and determined? Was the well construction put out for a cost bid?
  • Does AGI have its own earned funds and the ability to pay on any loan for this irrigation well?  If not, then are the Residents ultimately responsible for the well payment? If the Residents are responsible, then will the Board continue to be non-transparent with the detailed expenses and revenues of AGI, which by State Statute the Residents are entitled to know and see.

These are some of the questions that should be addressed.  The Board continues to spend the Residents’ funds on new common elements of which the Board decides, while the appearance and maintenance of our community suffers, which results in a continuing negative impact on our home values.