POA close to fin­ish­ing land par­cel pur­chase

■ The 14 parcels, owned by Cooper Com­mu­ni­ties, have been leased for decades.

The Weekly Vista - - Front Page - LYNN ATKINS latkins@nwadg.com

A land pur­chase the POA board ap­proved in May should close this month, Prop­erty Own­ers As­so­ci­a­tion Gen­eral Man­ager Tom Jud­son told the board at last week’s work ses­sion.

Dur­ing the Thurs­day meet­ing, he asked the board to ap­prove a res­o­lu­tion to give him the au­thor­ity to ex­e­cute the fi­nal land pur­chase. The board agreed.

In May, Jud­son told the board that the POA had been leas­ing 14 parcels of land from Cooper Com­mu­ni­ties for decades. Although the terms of the lease were fa­vor­able — $1 a year on each par­cel — Cooper re­tained the right to sell the land at any time. The parcels in­clude land that is in use as golf cour­ses and trails. A large sec­tion of the Kings­dale park­ing lot was in­cluded. Jud­son said the POA should not risk los­ing the right to use the ameni­ties they built on Cooper land.

The sale price for the land was ne­go­ti­ated with Cooper and ap­proved by the board. It is $2,646,500.

Af­ter the meet­ing, Jud­son said, there are no plans to change the us­age of the land right away, but, he said, the Kings­dale park­ing lot may be the site of a new Rior­dan Hall some­time in the fu­ture. The new Rior­dan Hall was one of the com­po­nents of a re­ju­ve­na­tion plan de­vel­oped dur­ing the 2016 as­sess­ment elec­tion. The as­sess­ment didn’t pass and no plans have been made for a new fa­cil­ity.

The board voted to ap­point a new cor­po­rate sec­re­tary. Jud­son’s new ad­min­is­tra­tive as­sis­tant, Leia Chris­ten­son, will re­place Kyn­dall Ar­doin, who has moved out of state.

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