Fraser rec center costs too much and has too many strings attached
September 17, 2008
To the Editor:
As an interested homeowner and taxpayer in Winter Park, I decided to attend the meeting about the Fraser Valley recreation center on Sept. 9.
The meeting was very informative and well attended.
The salient points that came to my attention are as follows :
– There will be a 10 percent increase in my property taxes, as explained by Clark Lipscomb as a mere $50 per $100,000 property valuation.
The county has valued my home at $479,000, with the mere $50 $100,000, my taxes would increase my last years tax from $2,300 to approximately $2,550 amounting to just a little more than 10 percent. I believe if the citizens of the valley were told that there would be a 10 percent increase in property taxes for schools, there would be a very large hue and cry.
– There are many strings attached to the contract signed by the board of directors that default ownership and all improvements of the property “donated” by the developer back to the developer. As follows :
” If the property is not named as dictated by the developer.
” If there is not a physical connection to a proposed hotel adjacent to the center.
” If the center is not operated continuously for six months.
– It seems if the donation were a true benevolent one, it would be done as a sale for $1 to the Fraser Valley Metropolitan Recreation District, thereby allowing the taxpayers to have a say in the construction and operation of the facility.
– It appears to me that the developer is in total control of the majority of the board of directors.
– It also appears to me that the Board signed an agreement with the developer without due diligence or fiduciary responsibility.