We are totally against the fee.  It is amazing to see the free spending of  money that has been going on the past couple of years.  We were still trying to understand how the caretakers of our continuing special assessment could have ever let the new restaurant/clubhouse soar to the current cost.  We were so relieved when we realized there would be insurance money from the fire and expected the money would reduce the loan or shorten the special assessment (that we are still paying).  Somehow it just disappeared (without a vote?) into the super duper, bigger, better structure that is already a known amenity that does not make money.  Doesn’t bigger and better cost more to maintain?    Are we really prepared to support and maintain it, or is this going to be a concern too?       

It seems that everytime we update ourselves about the communty, a new discovery has been made that we need to address that was not identified previously (not in budget).  Why has no one identified these items in short or long term planning?  With the news out on the economy today, job losses reported, drop in home values, foreclosures and escalating prices, it defies logic to proceed any further with  any projects not absolutely necessary for upkeep or repair. 

We have to understand the current situation is severely impacting a lot of people, our families, friends and neighbors.  This is the time to figure out what we all can do to ensure we don’t end up with a lot of empty foreclosures in Big Canoe that will certainly drop the home prices for all of us. So we will lose equity in our homes due to current conditions and then we lose another 1% of our equity to this fee.   There has to be a great number of owners hoping and praying right now to make it through these hard times without losing or having to sell their home. 

This should have been approached as an increase in our assessment a long time ago or we should have thought a long time before we let ourselves get carried away with building a multi million dollar  structure that we could not afford.  If we could afford it, we wouldn’t be looking to secure 1% of every property sale while still paying a special assessment!   The current special assessment is bad enough and we cannot wait to see it expire. 

The 1% fee at this time is only a detriment to us all. 

I guess what we would like to know is  What specifically (line by line) won’t get done if this 1% fee fails?  Are those items so important to us all that we would jeopradize our investment and/or that of our neighbors?  Under the circunstances, I think it is time for a complete disclosure that outlines exactly every single issue and/or project that has been proposed  to warrant the collection of this money or it needs to be included in the line  item budget and collected via the assessment route.