We have a Gen. Mgr. who is paid more than the Gov. of Tenn. and is allowed to steal all he can get, who had his own personal lawyer on the Village payroll, to the tune of over $300,000 per year, to protect him from prosecution. The ignorant Board of directors takes his lawyer's word that they can't prosecute his client for theft.It would be a nicer place if it wasn't filled with Obama lovers. I could even live with the Obama lovers if I didn't have to bend over once a month and take a big one up the wazoo. Every time I write a check out for my dues I feel this really bad pain in the ass. I pay almost a 100 a month and get absolutely nothing but some leaves picked up. I can pick them up myself for free, bag them and the trash people will take them.
Tellico Village is a Royal Screw Job.
We have 5 year plans and 20 year plans, just like in the old Soviet Union and China. The Gen. Manager, aided and abetted by his azz kissing long range planning committee, has instituted his Great Leap Forward plan to over build amenities to accomodate people who will never come. As a result TV is millions of dollars in debt and are still building over priced and under used facilities that three quarters of Residents have been priced otu of using, so they have been opened to the general public, In violation of IRS regs for tax exempt orgs. As a result of the steadily rising assoc. dues and exorbitant user and permit fees, so many property owners have cut their losses and abandoned their properties that lots can be had for practically nothing.TVPOA has so many properties seized for Nonpayment of dues that it has opened it's own real estate sales venture.(again in violation of the village's governing documents.
If you want to live in a commune where you don't really own your property but own 52 weeks of time share, by all means bring your money and buy into this place. Now is the time to get bargains. Houses that cost over $200,000 to build are now selling for as little as $135,000. And TVPOA is practically giving away lots so they can get the $1200 a year revenue. That's another thing. A few years ago TVPOA's income was over %16 million. It's dropped to around $14 million. Our management really knows how to increase property values all right. They ure are worth every penny of that million plus it costs us to keep them from leaving and getting better jobs.