HOA may buy adjacent, vacant land in Lexington

LEXINGTON, Ky. (WKYT) - A homeowners association in Lexington is trying to buy an empty field adjacent to their neighborhood. Some living in the Gleneagles area of Lexington think their Board of Directors wants to buy it for the wrong reasons.

"Everybody that I'm talking to, they don't know much about it. And I'm just trying to get the word out," explained a sign-holding Mike Ross, standing at the intersection of Polo Club and Man O'War. Ross has lived in the Gleneagles neighborhood for 11 years. His homeowners association board wants to buy land adjacent to their property, available for purchase.

"They're scaring everybody into thinking that Section 8 Housing is going to be going in there when essentially the land is not even for sale yet," Ross said.

"Someone's going to buy it, and we don't want that to be someone whose interest is not necessarily intertwined with ours," noted Christian Moore, who serves on the board, "we don't necessarily want to leave that up to the chance of a developer. Maybe they can make a lot of money off of it, but maybe it's not good for our property value."

Moore says they're thinking about developing the property into a pool, or a clubhouse, or possibly an amphitheater.

"Buying this property is really not a bad thing. It's just that a fee increase and a one time dues assessment for a piece of land, and then scaring people into believing that Section 8 housing is gonna go there, it's just simply not true," said Ross.

The meeting is open to all homeowners in the Gleneagles neighborhood. It is being held at Crossroads Christian Church at 7 p.m. The agenda for Tuesday's meeting lists a property presentation, where financing and down payment needs will be addressed.

Comments are posted from viewers like you and do not always reflect the views of this station. powered by Disqus