The recent justification for pursuing the lawsuit against our developers is faulty. Property values are derived from surrounding value assessments. Being located next to a green strip in the middle of a nice neighborhood does little to affect home value. The loss of value to these homes is certainly less than the expense of pursuing a lawsuit, unless the legal counsel is free.
The HOA in Lone Oak Parke needs to learn from other neighborhoods in Edmond and North OKC. Many of us have noticed that other HOA's have managed to have tennis courts, basketball courts, small softball fields, pools, and clubhouses constructed, despite the fact that the median home value in these neighborhoods is somewhat less than Lone Oak Park's.
The reasons given for only having a playground (an expensive one) so far have not been convincing. There are too many neighborhoods in the metro area that have succeeded in putting together quality common areas, whereas our HOA has failed to do so. The fault lies with our HOA. They should consult with other HOA's that have had success.