http://www.arktimes.com/ArkansasBlog/archives/2013/02/25/the-clean-water-kiss-off-for-lake-maumelle Comments On: The clean water kiss off for Lake Maumelle by Leslie Newell Peacock en-us Copyright 2013 Arkansas Times. All rights reserved. This RSS file is offered to individuals, Arkansas Times readers, and non-commercial organizations only. Any commercial websites wishing to use this RSS file, please contact Arkansas Times. robert@arktimes.com (Arkansas Times Webmaster) Mon, 20 May 2013 00:00:01 -0500 Mon, 20 May 2013 14:30:00 -0500 Foundation http://blogs.law.harvard.edu/tech/rss Posted by Diogenes]]> Mon, 25 Feb 2013 18:01:41 -0600 Arkansas Times Posted by Sound Policy]]> Mon, 25 Feb 2013 14:42:40 -0600 Arkansas Times Posted by Glen CommunityOrganizer Hooks]]> Mon, 25 Feb 2013 12:46:58 -0600 Arkansas Times
What CAW gains by building homes on the property BUT NOT CHARGE the HOA for the land itself, is the one time profit it would obtain from selling the homes (Flat Rate builders would build the homes at $55-60 a sq.ft I know its what I do, and then CAW sells them for $92 a sq.ft)

PLUS

CAW gains yearly cost savings because the HOA is now maintaining the land, not CAW.

But you still have the one person to complain to. You allow 35,000 homes to be built, as soon as those are sold, you now have 35,000 property owners to talk to if land improvements need to be done and that would cost a few county jobs right there so no one would ever proactively bring up problems.

Finally, if you build 35,000 homes in this area, and the area does not receive 10,000 a year in people moving to the city, all you are doing is playing musical chairs. NOW you have infrastructure you have to support in other area's of the city not being fully used. The City and County need to start forcing Builders to do more Rehab work and less new development in order to utilize current infrastructure (schools, police, fire stations, sewage, etc).

I just don't understand the logic of building 35,000 homes which will be primarily $250,000+ homes and causing more and more professionals to leave the center of Little Rock starting a inner city like blight.
Posted by Dan Troy]]> Mon, 25 Feb 2013 12:44:02 -0600 Arkansas Times
The benefit of this is
1. Purchase price is much much lower as it doesn't include land cost
2. If a problem comes up, you can sue the one land owner (CAW)
3. CAW pays property tax for the land, not the home owner.

So what you have is a great situation, lower cost homes for the working class and a way to sue the single land owner if water quality degrades and that land owner also just happens to be the best person to fix the problem.

Why hasn't something along these lines been brought up before the JP and County?
Posted by Dan Troy]]> Mon, 25 Feb 2013 12:36:02 -0600 Arkansas Times