The Club BOD has scheduled a Town Hall meeting on October 14, 2024 at 6:30pm in the Clubhouse Fairway Room.
We wish to provide you with information about the proposed Bylaw Changes as each new version is presented and topics you should investigate further. The details of our concerns might change when we see the next version of the proposed Bylaws amendment. The top issues still persist through the first two proposed versions.
Some of the current concerns:
- Making sure Owners can vote on expensive new capital projects. The Club BOD wants to eliminate voting for any project below $3.5 million.
- New Owners will be charged up to $15,000 when they purchase your home. They may negotiate that you should pay that fee instead.
- Ensure Owners have direct input into the selection of major new capital projects and new or improved amenities.
- There are legal concerns about payment of a “Member Initiation Fee” being required for Membership in the Club when purchasing a home in The Villages. The Club has not provided a written legal opinion that the Initiation Fee is allowed by law, and is either not a transfer fee, or falls within the transfer fee prohibition exceptions of Civil Code 4580. (more details here)
- Electronic Voting is being proposed, but alternative written ballots must be required for those that don’t use computers, smart phones, etc.
- Safety of our Funds – there is no requirement that the Club Board put a primary focus on the safety of our Funds when they are invested.