Key Issue Facing The Meadows
The primary challenge facing The MCA continues to be its relationship with the independent Meadows Country Club (TMCC). Only 12% of Meadows residents are members of TMCC; yet 100% of Meadows residents are subsidizing TMCC annually an estimated 2.4 million dollars.
For over six years, TMCC has been leasing athletic/entertainment facilities from MCA following the sale of these assets to the association. Under this lease, TMCC paid $10 annually, while the MCA shoulders significant financial burdens, including:
§ All property taxes.
§ A large portion of insurance costs.
§ Annual cash contributions(AP fee) totaling $600,000.
In return, homeowners in the MCA receive minimal benefits that incur no cost to TMCC.
The financial strain on TMCC worsened following the destruction of the Clubhouse building, which was damaged by three major weather events. Facing a dire financial outlook for 2025, the MCA Board approved a loan of $250,000 to TMCC in November 2024 to cover payroll through year-end. While this loan is set to be repaid in early 2025, doing so will reduce TMCC’s income for the year and heighten the likelihood of future financial instability.
Divergent Goals and Plans for the Future
The goals of TMCC and MCA diverge significantly.
§ TMCC’s goal is to provide exclusive access to its leased facilities, including the private golf course, 15 premier tennis courts, a junior Olympic pool, fitness center and Center Court Lounge, and club dining/meeting spaces. However, TMCC’s membership continues to be insufficient to sustain its operations or maintain the leased facilities owned by the MCA Community.
MCA’s goals include maintaining green space, preserving property values, and ensuring a reasonable return on its investment in the athletic facilities.
Over the past six years, the TMCC has been unable to increase its membership and/or membership fees to cover their expenses. As a result of insufficient cash flow, TMCC has not maintained the golf courses and some other facilities to the condition in which they were received following the purchase of the TMCC assets, as required by the lease agreement.
If elected, I will prioritize two key initiatives to address the financial challenges facing MCA and secure a sustainable future:
1. Short-Term Plan: Immediate actions to alleviate the MCA’s financial strain. Details are available on the Plan for Center Court Lounge page.
2. Long-Term Plan: Strategic steps to ensure the athletic/entertainment facilities deliver value to the MCA and its homeowners. Details are available on the Plan for the Athletic Facilities page.
By implementing these plans, we can work toward resolving our current financial challenges and establishing a healthy, sustainable future for The Meadows.
Click the links below to view other pages: