Word on last evening’s Board Meeting totally supports this Blog’s ongoing mission to expose the Board President’s and his followers’ hijacking of Aquarina to become a sole Golf and Country Club community, all at our cost. They are desperate to retain golf as the number one recipient of the Residents’ funds, and forego the other amenities and common elements that desperately need attention.
It was heard that our home values were threatened to drop in half without golf and our assessments would rise. This is all fear mongering, at the very least. Gee, with golf, under its present control by the Board, money is still lost after hundreds of thousands of dollars of Residents’ funds are spent every year, as subsidies, to keep golf viable. Subsidies are not revenue.
As this Blog has suggested previously, a consultation with golf course management professionals is needed to provide advice on how to make Aquarina Golf succeed as an independent and self-sufficient business. This Board does not have a clue about what it is doing other than feeding its own selfish agenda. And again, at the Residents’ cost.
Actually, there is a stronger argument that if, after professional golf course management advice, that maybe a breakeven scenario is the community’s best outlook for Aquarina Golf, an active park-like setting, as an alternative to the golf course, would add value to the community and lessen assessments. Folks will pay for an open, expansive, and green community to enjoy with walking, biking, etc . Just do the math. The current management of golf in Aquarina is bleeding all Residents of their funds.