April 18. 2014
The following link is the cost sharing agreement recently agreed to between the Fountains Condominium Operations, representing all homeowners, and the Fountains Country Club.
This agreement covers how expenses and rent are paid for in the community for
- security and gates
- roads and lighting
- landscaping
- fountains
- golf cart paths
- perimeter fencing and walls
- tree root damage
- Craft Hall, Fountains Hall and the FCO Office among other items.
Please read the link below to see what the community is paying for versus what the FCC is paying for.
Fountains Community Mgt & Facilities Agreement
The following link is the 2-page “Letter of Intent of Mutual Cooperation” between the Fountains Condominium Operations, representing all homeowners, and the Fountains Country Club signed on March 26, 2014.
This looks like a very expensive contract. One wonders what the FCO got for giving up all of this? I am told this is not the only expense either. For the next 7 yrs, all the residents will be paying $50,000 a year for marketing according to the President of the FCC at a recent FCC Board meeting.
Unfortunately, this is how the Fountains has been run since the beginning. Many of the same people who were in charge twenty years ago are still in charge today. Go back and see how many years some of these men have been on the Board of the Country Club and how many years they has been on the Boards in their community. On the community boards they vie for the Presidency so they can serve on the FCC President’s Board. These same men have also served and are serving on the POA board. As Board members of the POA 10 years ago, with three communities about to vote against mandatory membership, they decided to cast one vote as the POA representing the entire south side for mandatory membership. This was never announced to the residents, they did it without notification.
In the end, it is the resident’s fault for allowing these men to continue serving on the Boards year after year after year. We as residents have to step up to the plate, either run ourselves or find good people to run for the Board and then do everything we can to get them elected. Only then we will have officials who will serve impartially and act on behalf of what is best for the community.
Duke – Check out the beginning of that article:
“Another matter:
It is my understanding that the Cost Sharing Agreement was passed at the FCO Board Meeting on February 12, 2014. The Minutes of that meeting indicate that only 5 of the 7 Northern Court Presidents opposed the agreement.
The Presidents of D’Este and Esedra supported it.”
Thank you for pointing out that five Presidents did put their residents welfare ahead of the financial needs of the club. The remaining Presidents would do well to take heed and act accordingly.