Observed Value or Some Other Value


At the Hernando County Commissioners meeting today the proposed zoning from agriculture to project multi-family on Chalice and Anderson Snow Road looks promising. There were many concerned citizens that claim the “Not In my Backyard” persona commented one of the speakers. The committee for the project originally asked for 120 double story 2 to 3 bedroom apartments but were revised down to 88 single story apartments. One of the developer members claimed this is simply an owner of a piece of land who wants to make it profitable;however, homeowners that have resided there for years  claim this project will devalue their homes and create issues on Chalice Road to which the maintenance,however government property, is paid by their HOA fees. The committee made a point that everyone needs to have a place to live and that because someone is renting shouldn’t hinder the year long residents of the area. It was agreed that the main entrance to this new subdivision be located on Anderson Snow Road and that the entrance to these apartments on Chalice be an emergency entrance only.


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