What are your thoughts on the proposed fee?
1. “It’s only fair that newcomers pay a catch-up entry fee when passing through the gates.” says Bennett Whipple (Columnist).
2. “The seller is responsible for the fee [CIF],” says Anne Dickerson (Smoke Signals’ Editor).
Which is true? Answer: The seller is responsible for the fee [CIF].
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3 users commented in " What the Smoke Signals (May 2008 Issue) is saying: Who pays the CIF? "
Follow-up comment rss or Leave a TrackbackSome people came to Big Canoe before I did in
1994 and I didn’t have to pay a “catch-up fee” as Bennet feels is only fair. I am for the Capital reserve Fund but against the so-called
“Buyer pays” baloney. The Seller will end up on
the short of this! I believe all residents should pay and propose that payment be on assessed valuation of property per county tax.
At 5 mills rate a $300,000 assessed valuation
would be $ 150 a year( Pickens County values alone in Big Canoe at $598,000,000 would collect $299,000 a year).
I was disappointed with the columnist’s comment:
“You and I have been paying our dues and assessments over the years toward building the first-class amenities we enjoy in our community today. It’s only fair that newcomers pay a catch-up entry fee when passing through the gates.”
Yes, it would be fair if the newcomers paid the CIF, but as the seller, I will pay the CIF.
And yes, I did pay for the existing facilities, and upon leaving Big Canoe and paying the CIF, I will be paying for the facilities that will be built after I leave Big Canoe.
Where is “It’s only fair” in my situation? Please, get real!
Exit Tax?
With all of the disgruntled residents leaving Big Canoe, we will have more money to build beautiful “resort” facilities.
Let’s call it the: “Thank-you for leaving tax.”