Bella Vista POA another assessment increase idea
Posted in the Bella Vista Forum
#1 Jun 14, 2013
My opinion is this won't fly either.
In other business, Board Chairman Charlie Teal presented an assessment increase proposal that included a four-tier plan. The proposed tiers are:
Tier 1 Unimproved lots property without a water meter will increase $2 monthly from $16 to $18.
Tier 2 Improved lots property with a water meter will increase $3 monthly from $24 to $27.
Tier 3 Unimproved or improved lots will pay a monthly assessment of $42, which garners access to all amenities, excluding golf.
Tier 4 Additional lot necessary for septic system would remain at Tier 1.(For example, if an owner of an improved lot is required to buy a neighboring unimproved lot in order to have additional space for a septic systems leach field, the owner could choose between Tier 2 and Tier 3 for the improved lot. However, the owner would only be required to pay the Tier 1 rate for the unimproved lot. Upon transfer, the improved lot would automatically fall into the third tier and the unimproved lot would remain at Tier 1, as long as the necessity exists.)
The plan includes a cost-of-living adjustment (COLA) applied every three years, based upon a cumulative total of the annual increases of the southern regions consumer price index (CPI), which is a maximum annual increase of 3.5 percent. The COLA is the same formula used by Hot Springs Village, Teal said.
If approved, the assessment increase would become effective Jan. 1, 2014. Fifty percent of all members must vote in the assessment election, and 51 percent of voting members must approve the measure for the assessment to pass, Teal said.
Additionally, every lot transferred after Jan. 1, 2014, would automatically be enrolled in Tier 3.
#2 Jun 14, 2013
Let's compare to Hot Springs Village:
HSV has 4 of the top 10 golf courses in Arkansas.
HSV has had 2 golf courses ranked nationally in 'Best New Course'.
HSV has only 5-star tennis association in Arkansas which includes 10 clay courts.
Shall I go on? or can we simply say the amenities are simply better and newer than in BV POA.
HSV has half the population with amost $8million more income.
HSV has almost $9million more in expenses too, including amulance, fire, and police. Expenses that BV POA has moved to the City.
Oh yes, HSV is not incorporated having city tax and another level of governance as compared to BV.
HSV also has $6million in operating cash.
HSV also has $6million in reserve cash.
HSV makes $3.6million more in assessments than BV POA. Its obvious why BV wants to make claims on its members cash. They want more money.
Lets make two more comparison to HSV.
1) Wages and benefits:
HSV pays over $14million in wages and benefits.
BV POA pays just under $10million.
2) Employment and average salary:
HSV has roughly 475 employees.
BV POA has (as stated by Randall Gnant in December 2012) "the association has 106 full-time equivalent (FTE) employees in its Golf Division, 41 FTE employees in its Administration Division, 31 FTE employees in its Maintenance Department, 22 FTE employees in its Recreation Division, 11 FTE employees in its Lakes Department and one FTE employee in its Clubs Division."
That adds up to only 212 employees.
Average salary of HSV:$29,598.84
Average salary of BVV:$46,928.95
Wow. I don't think BVV has a revenue problem, it appears they have a spending problem.
#3 Jun 15, 2013
My BV city tax dollars just paid $1.8 million for the former POA owned fire and police station buildings that are or will be transferred now to city ownership-- so I've paid TWICE for the same buildings.
The POA better be satisfied with their $1.8 million payday because that is all the additional money the POA will get from me if I can help it.
Want more money Bella Vista POA? Try earning it and while you're at it, earn the TRUST of the people too-- NO MORE SECRETS!
#4 Jun 20, 2013
POA members need to take a good hard look at what's going on with the club. The Board of Directors has spent months frantically looking for ways to boost revenue. As always, it's the members who have been targeted to foot the tab.
The question is whether the general membership should be held financially accountable for the years of poor decision making that have been graciously unloaded upon them, courtesy of the B.O.D. and General Manager.
The membership also needs to ask itself whether it is willing and/or feels obliged to accept the financial burden spurred by years of service and maintenance failures.
In a recent article it was announced that the Board and General Manager are planning to issue employee raises under the banner of 'Cost of Living' adjustments. This is in addition to the Board's plan to institute (obligatory) routine 'Cost of Living' adjustments to the member assessment schedule.
Translated: POA officials want the membership to pay more money so that POA officials can pay POA officials more money.(not to say these clowns are greedy, just that their itinerary once again falls into the category of "Self-Service".
The same article also sheds a light on the predicament faced by multiple/joined lot owners who would be twice-burdened by the Board's current plan.
Chastity Fittro claimed that such lots cannot be combined so as to establish a single (reasonable) assessment.
Translated: "Give us more money!"
The question, of course, is why a single homeowner or family should be forced to pay twice for the single use of amenities.
Something else to consider, given the organization's botched history and toxic reputation, is how these homeowners plan to unload their properties with an $84/month stipend attached.
This is especially relevant when considering the City's current spending frenzy, which any prospective buyer will also need to factor into his/her budget.
#5 Jun 21, 2013
Pay POA personnel very very well with numerous benefits courtesy of the captive assessment paying POA membership...and then the membership is basically guaranteed positive end results. It has to be, if you pay someone well, you ALWAY get a good job...LOL
(Note to captive POA membership: Don't hold well compensated POA personnel accountable for what they do (screw up) or do not do. They always know what is best for you, you just don't know it yet.)
#6 Jun 27, 2013
I don't get why we should pay more for anything! I still have to pay to use the lakes or amenities just like everyone else, so where is the special privileges of living my Bella Vista? What exactly is teh assesment fee for if it isn't paying for using the amenities? I thought that was what the assesment was for, so I could use the recreational amenities as a member of the POA. Sounds liek there really isn't anythng special about the town.
I mean, so what we have golf courses, lakes and clubhouses... so does every other town, so what's the point?
#7 Jun 27, 2013
The bottom line is that by becoming a POA member you secure ownership of each and every amenity that exists under the POA umbrella.
You own the golf courses. You own the swimming pools. You own the cars and the trucks; the back-hoes, and the golf-carts. You own the Water Department; every pipe, every valve, every hydrant, and every spicket. You own the computers and the software, the pens and the pencils. You own the very desk that Chastity Fittro schemes at and the chair that Tommy Bailey farts in.
The bottom line is that if you are a POA member you own it all!
So here's the question...
WHY ALLOW THE POA'S FRAUDSTERS TO DICTATE TO YOU HOW MUCH YOU ARE TO PAY TO USE YOUR OWN PROPERTY?
WHY PAY A SINGLE PENNY TO USE WHAT IS ALREADY LEGALLY YOURS TO USE?
Think about it.
#8 Jun 28, 2013
That was my point above yours UP TOP>... Why if we own the amenities should we turn around and pay to use them again?
#9 Jun 29, 2013
Thanks for the laugh this morning! That's funny!
(BTW, both those two need to be gone asap.)
#10 Jul 1, 2013
In Tommy Bailey's world you would have to put 50 cents in your own commode just to flush it. You would have to lease your own T.V. and pay a deposit to use your living room. Your car would require cash deposits to run and you would be s.o.l. if you were to leave home without a roll of dollar bills in your pocket.
The reason so many of us cannot wrap our minds around all of this foolishness is because it is without common sense.
It is pointless to try to understand or make peace with policies that take no account of reason, especially when such policies aim to harm rather than help.
Though unfortunate, the fact remains that the POA's leadership has made a conscious decision to place capital gains and their own petty power struggles before the membership.
Until the membership is willing to unite and formally combat the administration's depravity or officials are willing to intercede and crack down on the organization's lawlessness, you can likely expect further helpings of the same status quo the POA has been dishing out for nearly 50 years now. This translates to further turmoil, an excess of mediocrity, and an further increases in unjustifiable financial demands.
Many of the decisions made by the G.M. and the B.O.D. are undoubtedly enough to make your blood boil, however, it is important to understand where these decisions are coming from.
They are the "gushings" of a relatively small group of emotionally-challenged, intellectually-stifled individuals who have failed to mature to that place of understanding that most of us call home.
The reason so many members cannot find logic or righteousness in the decisions being made "in their behalf" is because these virtues do not exist in their decisions.
The best way to battle a parasite is to cut off the supply of whatever the organism is feeding off of. In this case that translates to money and energy.
Though the POA leadership's foremost carnal desire is arguably its lust for money, it is important to understand that many of these (so-called) "leaders" are in fact energy vampires and it is this generation of discord and the feeding off of the negative energies that fuels them.
#11 Jul 1, 2013
If anyone truly desires to better understand the situation in Bella Vista I highly recommend you pick up a copy of the book "The Sociopath Next Door" by Martha Stout and read it. I recently borrowed a copy myself.
I hate to drop names but there is a common element that is shared by many of Bella Vista's leaders that is having devastating effect on the local political climate and the lives of local residents.
Frank Anderson, Ken Farmer, Tommy Bailey, Chastity Fittro, Bryan Vernetti, Mike Taggart...these folks all have something in common. Their thirst for power and control over the lives of others is abnormal. Their inability to relate emotionally and to feel remorse for their actions is unnatural.
There are obviously several individuals who have served on the City Council and/or the Board of Directors who also share these same characteristics. It is no wonder Bella Vista's social and financial crises have escalated so far out of control.
The people and their will have been buried under a dense layer of ego, irrationality and selfishness for the past six years. In the same way that a budding tree needs water and sunlight to survive, so too do the people.
There is no reason local residents should continue to suffocate or have their quality of life stifled by the pathological desires of a few key actors. I again encourage you to take a look at the book I mentioned!
#12 Jul 3, 2013
Basic misunderstanding - Bella Vista is a non-profit corporation. You are members of the corporation. Being a member is like being a shareholder at Apple, you don't get iPhones for free because you are a shareholder in Apple. Assessments pay for the upkeep of the amenities. The Declarations say clearly that fees can be charged for the use of the amenities. You agreed to this. Basic contract law. I know you didn't personally sign a contract with the BVVPOA, but by buying property you entered into a contract. If you don't want assessments to go up, don't vote for it. No one ever does but amenities will cost more to use as the costs of running the place have to be covered somewhere.
#13 Jul 10, 2013
So true Non Reseident Member.
But being a Member doesn't seem to convey any preferrential treatment, other than slightly lower fees. Almost all of the amenities can be enjoyed by non-members. What we're seeing is that the amenities are not valued enough to entice non-members to come enjoy them. Why come to a pool here when the Rogers water park just opened? Why golf here when the courses are the lower rated ones in NWA? As such, the POA can't charge more for the amenities, that would only drive fee paying consumers away. So what do they do? Try to increase assessments on the "captive" residents. It's something of a perfect storm in that property values are low right now and lots of residents are trying to sell creating a buyers market and further driving down home values with the large supply of homes in the area. With little to negative equity in homes, people can't just move.
#14 Jul 10, 2013
The POA treats non-members far better than its own paying members. As a member you must ransom your home and property against monthly payments for amenities you are alleged to own but are not allowed to use and for a share in the local water department which, according to the POA, you also have no right to use.
Out-of-towners can pay-as-you-play with no long term commitment or sacrifice, but members are treated like hostages.
It has always been my understanding that homeowners associations are tasked with the duty of protecting and enhancing property values. The Bella Vista POA could care less about personal property values or its members' earnings as they are too busy making money hand-over-fist.
Any way you slice it, its extortion and its wrong.
#15 Jul 10, 2013
I'm a local property owner. That's about right, little to negative home value equity in Bella Vista, Arkansas.
(You'd be far better off stuff'in money into a mattress.)
#16 Jul 11, 2013
Cobra, I don't know that it's extortion as members have a vote on these matters, but it certainly is very poor leadership and business sense coming from the Board and GM for the day to day activities they're supposed to be handling.
I'd almost go as far to say there is a poor understanding of the declaration from the legal department as well. The declaration is very detailed and even a little complex in matters surrounding voting. I've never seen the breakdown of votes between the members and developer voting blocs. Just a hey "measure X" had this many votes from returned ballots. The complexity was built in so that as Cooper Properties had control during the formation and early growth of Bella Vista, but as they sold off more of the lots and homes, the control shifted to the members.
It's our own downfall in that we've voted these incompetents and weaklings into office. But the flip side of that is do any of us want to be on the board with them to change things? I'd say most do not, look at what happened with Jim Parsons. A difference of opinion with the board and it becomes a frenzy. The whole leadership needs to be changed out or just dissolve the POA. Everything seems be be slowly sold to the city anyway, resulting in the residents paying for buildings and vehicles twice.
#17 Jul 11, 2013
A problem with the Bella Vista Property Owners association is that the association does not look out after the best interest of those who have made the initial investment into Bella Vista and then became property owners (shareholders).
The former Bella Vista Property Owners Association (POA), an association of shareholders, has now become the Bella Vista POA "Corporation".
Those in management of the Bella Vista POA should be serving the best interest of the shareholders (POA members)to increase their investment made.(property values)and to continue or foster more new investment into Bella Vista.
Instead, POA management is serving themselves at the expense of the shareholders (POA membership) at large.
This wrong mindset filters through the POA staff and starts at the very top with the self serving POA General Tommy Bailey and the POA board continues to facilitate and support this "corporate" atmosphere.
#18 Sep 1, 2013
Bella Vista lots have NO VALUE!!!
They are worth NOTHING!!!
This is True!!!
#19 Dec 4, 2013
Someone needs to ask why the second in charge of the golf courses got fired for steeling and no charges were pressed against him!
#20 Dec 30, 2013
"Someone needs to ask why the second in charge of the golf courses got fired for steeling and no charges were pressed against him! "
Why no charges filed ?
A Bella Vista POA Corporate Cover-up aka POA business as usual....
Add your comments below
|Local Hauntings||18 hr||Wondering||1|
|Review: Wise Custom, Inc. (Mar '13)||May 25||ashley||12|
|Review: TRI-City Granite (May '13)||May 21||liltrouble||11|
|dog boy||May 21||Lassie||1|
|Post Your walmart complaints here (Jun '09)||May 19||Anonymous||71|
|The Duggars are 'trying' for a 20th baby (Oct '13)||May 17||guest||7|
|UFO in bentonville tonight||May 17||guest||2|
Find what you want!
Search Bella Vista Forum Now
Copyright © 2017 Topix LLC