Legislature fails to deal with 293 pa...

Legislature fails to deal with 293 parcels on delinquent tax roll

There are 6 comments on the Loudon County News story from Apr 26, 2013, titled Legislature fails to deal with 293 parcels on delinquent tax roll. In it, Loudon County News reports that:

After a court removed 293 Tellico Village properties in delinquent tax status from public auction to prevent Loudon County from paying Property Owners Association assessments on the depressed lots, the properties will likely stay in their current status since a piece of legislation attempting to address the dilemma appears defunct.

Join the discussion below, or Read more at Loudon County News.

George

Loudon, TN

#1 Apr 27, 2013
This is BS because Loudon County should have to pay. Tellico Village taxes contribute so much towards the Loudon County schools and new schools. Village residents have no children using these schools. We pay 33% of all the taxes in this county. Now they should have to pay these delinquent dues. Do your part Loudon County.
Denise

Loudon, TN

#2 Apr 28, 2013
George wrote:
This is BS because Loudon County should have to pay. Tellico Village taxes contribute so much towards the Loudon County schools and new schools. Village residents have no children using these schools. We pay 33% of all the taxes in this county. Now they should have to pay these delinquent dues. Do your part Loudon County.
You should have known that when you moved here and saw the area. It's ok to pay the POA for their outrageous spending but not the county?
George

Loudon, TN

#3 Apr 28, 2013
Denise wrote:
<quoted text>
You should have known that when you moved here and saw the area. It's ok to pay the POA for their outrageous spending but not the county?
I don't like paying either one but all of us have already paid our higher property taxes to the county. They need to pay their fair share now. All there is to it. If we don't pay our property taxes, they would foreclose on our home. It is time the county pays UP their share.
Denise

Loudon, TN

#4 Apr 28, 2013
I would rather the county keep their money to spend on the county. If the POA got it they would just p*ss it away.
Really

Knoxville, TN

#5 Apr 28, 2013
The Villager's/POA want the County to pay $29,300 per month because the County had to foreclose on delinquent Property Taxes to the County.

The Village knew that Capital Source - Paradiso, formally the Bank to NRPI, took those properties back from them in December 2009.

These 293 lots are just a portion of the 750+ delinquent lots within the Village from all owners who have stopped paying their monthly fees.

The County "should not" be liable to the POA for any monthly dues. Read these to see if you agree or not:

http://www.capitol.tn.gov/Bills/108/Bill/SB09...

and

http://www.wsmv.com/story/21634792/tn-bill-wo...

Why would you want to penalize the County Tax Payers for the delinquencies in Tellico Village?
Calculator

Louisville, TN

#6 Apr 29, 2013
750 lots is 12.5% of the total number of lots in this place. Doesn't the Board know their exalted manager, whom they trust explicitly, and pay $200,000 per year, has got Tellico Village into such a financial mess? Anytime you have over 10%of properties in default you an consider the development is in trouble.

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