Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#121
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Last edited by birdawg; 12-20-2012 at 08:32 AM. |
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#122
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#123
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However, it did happen in the past.
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#124
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2. The IRS case is against the two special CDDs so it would be logical that they would pay for the legal fees to challenge the IRS. 3. There is no connection whatsoever between the numbered CDD that your home is in and the two special CDDs. The annual maintenance fee that you pay to your numbered CDD covers the cost of maintaining common grounds within your numbered CDD. 4. Yes indeed. That is one possibility. But remember that when something like that happened a few years ago, some residents sued the VCCDD (north of 466) and an out of court settlement was reached to refund some 60 million from the developer back to that CDD of which some 13 million was used already to widen the cart paths north of 466. In other words, precedent has been established in favor of the residents should that occur again.
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Formerly EdVinMass |
#125
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My second question was whether it is a fact that the Developer has used amenity funds from Center, Sumpter or any other district to pay any legal fees related to the IRS matter. Does anyone see any District budget line devoted to legal fees? I don't understand how it might be "logical", as you put it, that the two districts would pay those fees. My "logic" says the Developer would pay the fees out of pocket because either because amenity fees cannot generally be used that way, and/or because he initiated the bond procedure leading to the challenge. |
#126
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But for the record, the typical budget for legal services in each of the numbered districts is around 7,500. This year’s budgeted amount for legal services for the two special districts is 300,000. So I would say it’s reasonable to assume that most of that 300k is being used to defend the IRS case. Of course that can only happen at the discretion of the majority of property owners of those two special districts. And who might that be you ask? Why none other than mister H. Gary Morse and his myriad holding companies.
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Formerly EdVinMass |
#127
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Morse hires lobbyist
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MI, Pontiac, Waterford, Southfield, Farmington, FL.--> Ron's my name and pool's my game. |
#128
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Your avatar is VERY young, sir.
Welcome to TOTV. Mayor! BUT I don't remember voting for you. The last time I voted for Mayor it was for KathieI. Did we have an election that I missed??
Kathie belongs to the Dancin' Party. Do you belong to the Stirrin' Party? Kidding you a bit. Sit down and tell us all about you. I read from your other posts you are single. Where do you live or hope to live? Want some coffee? Take off your hat and put up your feet and tell us about you.
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It is better to laugh than to cry. |
#129
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MI, Pontiac, Waterford, Southfield, Farmington, FL.--> Ron's my name and pool's my game. |
#130
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hmmmm.
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It is better to laugh than to cry. |
Closed Thread |
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