83 F
The Villages
Friday, August 19, 2022

AAC to consider $7.7 million purchase from Developer of two villa recreation centers

The Amenity Authority Committee this week will consider the $7.7 million purchase from the Developer of recreation centers in two villa communities.

The construction of 300 homes at the Phillips and Soulliere villa communities in Community Development District 4 was announced in 2015. Those communities have been finished and now the Developer is ready to turn over to the AAC the ongoing maintenance and responsibility of the upkeep at the recreation centers.

A purchase price of $7.7 million has been reached.

A review revealed some items needed to be corrected by the Developer prior to the sale. Those include a modification of the chairlifts at the two pools and a shuffleboard court needs metal stitching and resurfacing.

The AAC will begin collecting the amenity fees paid by the 300 homes after the sale closes. It is estimated the AAC will make its money back on the $7.7 million purchase in 14 years.

The AAC will meet to discuss the purchase at 9 a.m. Wednesday at Savannah Center.

More Headlines
Stories in and around The Villages, Florida

The Villages, Florida

Letters to the Editor
Opinions submitted by residents in and around The Villages

Green New Deal a money-laundering scheme for Democrats

A Village of LaBelle resident makes the case that the Green New Deal is really a money-laundering scheme for Democrats. Read his Letter to the Editor.

A new political group in The Villages

In a Letter to the Editor, a Village of Sanibel resident raises the possibility of forming a new political group here in The Villages.

Letter for the birds

Frequent letter writer Hugo Buchanan pays tribute to blackbirds.

Neighbors in The Villages should offer help rather than criticism

In a Letter to the Editor, a reader suggests that neighbors in The Villages should offer help rather than criticism.

I felt safe when Trump was president

A Village of Summerhill resident, in a Letter to the Editor, says he felt safe when President Trump was in the White House, in stark contrast with past and current administrations.

The Villages, Florida