PROPOSAL TO RE-OPEN THE SPORTS AND COMMUNITY AREA ON CONDADO

Amazing the amount of opinions generated here.

The resort lacks facilities cafe, take away food, squash, tennis ect.

There is a zone on condado with all the facilities available and ready to go (no build costs).

And theres no one one this resort who can make it happen.

I find that increadable?

There has got to be a way - who cares who benefits and makes a buck just keep the costs away from the owners small increase on the community fees may not be too much of an issue if there is real value to owners, more facilities can only be beneficial and attract more people to the resort which at this moment is an urbanisation.

Put the options on the table and take a vote.

got to speculate to accumulate.

Only my humble opinion for what its worth.

In the Netherlands on our golfcourse we have an interesting option.
We pay a yearly fee (the contribution) and get a certain percentage of the contribution back on a creditcard wich we can only use in our club restaurant...

So, we pay for example Euro 120,= per year and get a refund on the creditcard of Euro 50,=.
This costs the business less because you sell a beer for Euro 1,50 (for example) but it costs the firm Euro 1,= to buy it from the retailer.

So, we as members have the feeling that we get the Euro 50,= but it costs less for the 'company'... AND all the members will definately spend the Euro 50,= per year in the bar of the sportsfacility because after the year, your Euro 50,= will be gone.

And if we just swollow the sports area in the community of homeowners we can maybe make some profit so maybe somebody in the future is willing to rent or buy the place? 

In my opinion, give it a try!

Ps. sorry for the bad english.... I'm from the Netherlands...

Have yourself a wonderfull weekend!

Hi,

I'm with FOSSER1.

I think it is good that someone wants to do something...well done; however maybe a little off on the costing and everyone funding it but, this is just to gain info from us all until you can have a good shot with the presidents..isn't it?

Go ahead and get your offer sorted and put it correctly to the presidents. If we / you do not like the proposalls then sorry to say but "do something better yourself then". I do feel something with us all being a shareholder for our money is a good idea, but if we all can not agree on something we will just be stuck with loss of a oppertunity.

Many people will want to have a say but most will not put themselves forward to actually do something.

Someone needs to take charge of it, if this is an indipendant then we as a community could loose out, so this needs to be acted for the community.

Sorry if this is a bit hard but it is true.

I think its the use of the Community Charge in this way thats the issue not the idea. Asking 100% of owners to just contribute 10 euro's per month to   finance an idea like this may have been seen as a more positive option- but equally hard to get 100% and people could drop out if their circumstances change. They can't step back from the CC once committed. I think TQM had a point when he said that usually the Community Charge can't be used to fund a private venture. Normally the sports zone would be 'owned'  by someone and then a company or team appointed to run it then they get paid for those services. If the company or team have financial difficulties effectively its their problem but if the resort is committed to funding this arrangement whats the position then? Thats aside from who makes a profit at some unforseen date but  if it could be taken over by the community then at least all profits regularly go back into the CdA pot.

But, it is the only plan on the table at the moment.

I don't know if this point has been covered.

But what about all those people who are not paying their community charges at the moment.  I know its a big issue for the communities finances.

If the community agrees to pay over € for each property are we committed to that,  even if say, 10% of properties aren't paying their community charges. 

I'm sure everyone would like to see the Sports Zone and cafe/bar back in full operation, so for that reason alone those behind this proposal should be commended. My argument is not against the idea itself, but the way they have proposed to fund it. It is fundamentaly unfair to expect those who will never or very rarely use these facilities to pay exactly the same as those who will use it every day. It's really is that simple. You wouldn't expect the non-golfers to subsidise the green fees of the golfers, would you? 

So, for that reason, I'm out.

If however a way could be devised whereby the cost per owner would be depend on usage, then I'd fully support it. For example, there could be an annual membership fee for those who will use it regularly, and for whom use of the facilities would be at no extra charge. Those who only visit a few times a year and don't want to pay full membership but still want to use the facilities when they're there could be charged per visit, or could parhaps buy short-term weekly or monthly memberships. And those who don't want to use the facilities of course pay nothing.

I know i`m a bit thick sometimes but this is how I see things

When Condado was owned by Polaris the " Surgery" the Sports Zone etc were provided  Free, Well, included in our rate`s

 So surely the new owners Banks etc of Condado  should also be  providing the same  facilities under the rates we still have to pay.

Jan

I think you did, were supposed to, pay for tennis, squash etc.

I believe as people have pointed out on other threads Polaris have to provide a supermarket and a pub at a minimum...and thats all they are doing.  And they seem to have a veto on any other new businesses being setup.

So the sports zone would be an extra based on this.  Even though we everybody expected it and so much more.

But your point that we did have the cafe without paying anything extra will make it hard to sell to people (especially those at the other end of the resort) to agree to increase their community charges.

I know the banks own the sports zone, but Polaris still own Al Katraz. I still find it amazing the Polaris would rather leave all the Units empty, rather then making a fortune renting them out. I recon they could easily make £20,000.00 plus per month if they filled that place and I am sure there are lots of people who would be interested in opening a bar, Take away, coffee shop, etc.

How can you reason with a company that turns down that kind of income?

Is there no way they would back down and allow units to be rented, that way we could get some additional facilities in a central location, without having to pay 1.8 milliom euros to the banks.

Even after reducing prices considerably at the Clover they would struggle to compete with another licenced bar/cafe.

And of course then there is the service...

I think Polaris had, in theory, a great model.  If they have the monopoly on supermarket, bar, cafe, restaurant etc, they have a continuous income from any resort they build.  They have a captive market...unfortunately we haven't reached the size to make it worthwhile to them but they still don't want anyone taking a piece of the action as such.

We think its a great idea - don't think  €2.50 per week is unreasonable - don't do sport (besides lolling in the pool) but think anything that increases facilities for the resort is good.   We used to use the old bar for lunch quite often when it was there so would definitely use a cafe at that location. 

Hi Tony,

I believe the presidents were looking into exactly that last year,  the community would lease the sports area hire a manager and staff and any profit would be paid back to the community to off set the running cost.  From what I remember this worked out at about 4 or 5 euros on the community fees.   For me this is a much better solution, certainly more acceptable than using the community fees to pay for a private group to buy the facility.    I for one wouldn't vote for giving 12 euros a month to an individual so that they can buy the facilities and then profit from the community using it?

Now if they wanted to buy it themselves then just charge a membership fee to those that wanted to us it, that would be different, but I guess without getting 2million euros over 5 years from the community they can't afford it?

As this would need 100% agreement I can't see this getting of the starting blocks.  I know many that would vote against it so it's a non starter.

This message was last edited by TheQuietMan on 10/04/2011.

I am for it.

It would be great to have more facilities and make apartments more rentable so in the long run more profitable.

It is a small price - 10E a month  (I spend more on a bottle of wine) however it could be reduced to less with a 1E charge for the sports facilites which would seem fairer to those that dont use it.

The Clover needs some competition as I find it inhospitable, expensive and missing decent food.

I suggest we all put in 10E a month with an initial sum of 30E and build our own Golf Club House. Great idea................what do you all think?

By the way I not for paying for the Sports Zone.

We have been working on this for a while and have sent to millenium to be included in the meeting.

We have met the bank and discussed the lease.

The bank have infomed us that Polaris have no Buy Back on the property.

This proposal has been costed to run as a viable business that will also include a major investment from us.

We only visit our apt about 3/4 times a year & do not play golf

For me I would prefere to see the sports Zone open but realise it would be better if both the sports zone etc & a golf club was available. As long as the additional outlay per month is not excessive, I would be happy to pay a  small amount to both ventures

Best of luck Paul & Family

You have our vote

Jan

More than happy to see the Sportszone open for an extra €2 per month.  €24 per annum.

The resort needs this so it's a no brainer for me, no matter where profits go.