ArchieC1 (Georgia)
Posts: 4
Posts: 4
Posted:
Years ago, our developer built a pool in our subdivision for anyone to join upon paying an annual fee. Later, after the pool had a history of loosing money and needing repairs, the developer turned the ownership to the pool to the HOA who continued to operated the pool by a annual fee membership. About 1/4 of the HOA members bought the annual membership.
Now the HOA plans open the pool membership to all HOA members and increasing the annual HOA dues to cover the expenses. They call it "Privatization"; however, since the pool was private to begin with the word "Privatization" does not fit.
What would you call this new membership strategy?
Now the HOA plans open the pool membership to all HOA members and increasing the annual HOA dues to cover the expenses. They call it "Privatization"; however, since the pool was private to begin with the word "Privatization" does not fit.
What would you call this new membership strategy?