11-23-2016, 07:33 AM
quote:
Originally posted by My 2 cents
From my outsiders' point of view, I will not comment on your BoD activities. We have our own issues with OLCA. I will offer a perspective on the financial part: The $12,000,000 loan is a major cause of your situation. It was supposed to pave ALL of the roads, and only completed about 20% of that. Paying it back over 20 years at a total cost of $22,000,000 has crippled the HPPOA. Y'all got screwed. However, the 20% that did get done created an illusion. If you came to HPP 7-10 years ago you came during a $12,000,000 spending spree and saw an unprecedented amount (for HPP) of road work being done. It is unrealistic to think that that amount of road work can continue now that the loan has been used up and the note still has another 10 years left on it.
We already owned a house and multiple lots here in HPP before the paving bond was passed. I certainly never expected the whole subdivision to get paved, and certainly not our dead end, but I did expect the same level of maintenance that we had when we bought, and I absolutely think all our roads should be at least drivable without dodging axle busting craters.
Expecting new road work to get paved is one thing, expecting continuing on going maintenance of already built roads is another.