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Twin Lakes proposal is unfair | Federal Way letters
The proposal the Twin Lakes Homeowners Association has proposed to rescue the golf club is unfair.
The golf club is failing and I'm being asked to double my HOA dues to rescue it. The proponents claim my home value will suffer if the golf course is developed. I live near St. Theresa's Church where several years ago, the church sold property near my home to a developer. Homes were built on the property soon afterward. I don't recall any concern expressed by the HOA.
The homes on or near the golf course are most affected by the demise of the club, yet many of those most affected pay nothing under this proposal. All club members will receive a credit on their membership equal to the rise in HOA dues. Meanwhile, my dues double.
I don't know how much the previous development near my home affected my home's value. The value rose during the bubble and has fallen in this recession. I plan to stay in my home for many more years and certainly don't want to see its value decline. But I don't think that even if the golf course were developed it would affect the value of my home that much.
It's not fair that I am asked to pay insurance for the property values of those who live on the golf course. Why don't those of you who are affected de-link the golf club from the HOA and band together to protect your interests?
Richard Perry, Twin Lakes