Com­mu­nity cen­ter plan for Bella Vista

The Weekly Vista - - Opinion -

I re­ceived my wa­ter bill to­day and read in the Con­nec­tions Sec­tion in­cluded with the bill, the new Com­mu­nity Cen­ter plan for Bella Vista. I sug­gest that ev­ery­one read this ar­ti­cle. It is an eye-opener.

First, I have se­ri­ous con­cerns about the cost of this pro­ject — spend­ing $14 to $15 mil­lion on this pro­ject on top of the spend­ing spree we have been on for the last few years is ex­ces­sive.

Another ma­jor con­cern is that the COO says in the Con­nec­tions ar­ti­cle the plan is to use the

up­com­ing as­sess­ment in­crease as “col­lat­eral” for a “loan” they plan to get to cover the cost. Doesn’t that mean that the money (col­lat­eral) has to be held and not spent for other rea­sons? Where will the money come from then to run the every­day ex­penses of the POA for com­ing years? More as­sess­ment in­creases? This will drive the POA and the mem­ber­ship fur­ther into long-term fi­nan­cial prob­lems.

Based upon the pre­vi­ous promise made be­fore the last pro­posed in­crease which was to use the as­sess­ment in­crease to com­plete the re­ju­ve­na­tion plan but, when the vote failed, they com­pleted the plan any­way re­sult­ing in us­ing up our re­serve funds. This his­tory of spend­ing and this cur­rent plan does not make me con­fi­dent that some other glitch won’t oc­cur this time, cost­ing even more.

This is not just com­plain­ing; it is sin­cerely ques­tion­ing the wisdom of the en­tire costly pro­ject and the means by which it will be fi­nanced.

I have al­ways be­lieved in liv­ing within one’s means and this also ap­plies to the POA. Where is our POA lead­er­ship?

For the above rea­sons, I will vote NO on an as­sess­ment in­crease.

Jay Soule Bella Vista

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