RESIDENTS WANT ANSWERS TO THESE QUESTIONS:

JCP CDD Capital Improvement:  30-year bond for up to $42 million???

Residents Have the Following Concerns that you have not addressed.  The fact that you have been considering this for over two years is irrelevant to this point.  In the beginning of the discussion, we were in the middle of COVID and gave no thought to the original proposal.  Now, you have been revising the plans and resubmitting surveys and polls at an astonishing speed, and have concluded that a 30-year bond not-to-exceed $42 million is required to address our aging Aquatic Center and Plantation Park.  There is NO PLACE where anybody can research the CDD changes over time.  The documents should be compiled into one place and they should be searchable so residents CAN understand the developments.  You have done a very poor job of communicating, and you have no business “scolding” us that these plans have been “in the works” for around 3 years.  Here is a non-exhaustive list of our concerns that have not been adequately addressed:

·        JCP residents are allowed to use the pools in the Aquatic Center only three months out of the year?  Why should each of us pay for capital improvements costing hundreds of dollars a year for over 30 years?  The non-JCP swim teams use the pools more than we do.  Who are these upgrades for?  Not for us when you let us use the pool so infrequently.

·        You never mentioned that fact in any of your polls or surveys.  Why did you omit such a relevant fact???

·        In order to build these amenities, the present structures will have to be demolished.    How will you reduce the disturbance (noise, dust, dirt) that nearby neighbors will experience?

·        How long will residents be unable to use facilities (by facility)?

·        Can you truthfully say that you have communicated the implications of the demolition/rebuild scenario?

·        What is the project timeline from start to finish?  How do we stay competitive during the capital improvements phase?

·        We want to know how these expensive improvements will “improve property values”?  What do you mean by the phrase?  Unless you can attach tangible quantifiable benefits to the results, why should you expect us to pay hundreds of dollars over three decades?

·        You indicated your decisions were not solely based on surveys?  What else was your justification?

·        Why do we NEED these improvements (NOT why do we WANT them)?  Are our sales of homes lagging behind sales of used homes in these other communities we are said to be “in competition” with?  Will the improved amenities result in higher prices for our homes than we previously got?  Will they shorten time on the market?  Are we paying real dollars for vague assurances?

·        We are living in a time of unprecedented inflation and continuing labor and supply shortages.  Why are you considering a hike in assessments, or even a special assessment?  Too many residents are still trying to recover economically from the pandemic.  The actions you are taking could cause residents to lose their homes.  How would that improve property values?

·        Provide an accurate, scaled drawing so we know the size of improvements.  For instance, how big is the “amphitheater” you’ll be building.  Have you thought about any inconvenience to nearby residents caused during usage of the amphitheater, and how will that be remedied?

·        Will residents be able to use the aquatic facilities year-round, or will they be surrendered to outside swim teams for the majority of the year?  Will any of the pools be heated as they were when the outside aquatic teams started to use them?

·        What are the penalties for non- or substandard-performance, over budget, over deadlines?  What contractual safeguards are you building into the agreement?

See google document:  Printable summary of this page.