Cory Lakes CDD
http://corylakescdd.sunshineboard.org/boards/

Property near Morris Bridge gate could be establish as B/S
http://corylakescdd.sunshineboard.org/boards/viewtopic.php?f=27&t=59
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Author:  Robert Woodards [ Wed Aug 05, 2015 10:53 am ]
Post subject:  Property near Morris Bridge gate could be establish as B/S

Property near Morris Bridge Gate should be prepared and use as a CDD Boat/Trailer Storage Area. Cory Lake Residents are presently paying approximately $27K per year for Boat/Trailer storage. Funds are being collected and nothing is being done to enhance security of Resident's Property. If it cost over $100K to prepare CDD owned property it would take a bit less than four years to break even on cost.

Author:  joycehep [ Wed Aug 05, 2015 2:51 pm ]
Post subject:  Re: Property near Morris Bridge gate could be establish as B

My biggest question is if it is making such a profit why is it that the poa would want to relinquish this income to the cdd? Why wouldn't they want to continue to profit from it themselves?

Author:  Cyril Spiro [ Wed Aug 05, 2015 4:49 pm ]
Post subject:  Re: Property near Morris Bridge gate could be establish as B

If the POA is serious about handing this business over to CDD then they should present a serious case to the CDD that addresses concerns that we've written here.

Author:  Robert Woodards [ Wed Aug 05, 2015 5:09 pm ]
Post subject:  Re: Property near Morris Bridge gate could be establish as B

It is not that the POA would be willing to give up making money. It should be that the CDD could be providing a better service to the residents and the same time putting money back into the community for improvements.

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