Talk of The Villages Florida - View Single Post - So Who is Lying ??
Thread: So Who is Lying ??
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Old 09-07-2015, 12:15 PM
Warren Kiefer Warren Kiefer is offline
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[QUOTE=outlaw;1110141]
Quote:
Originally Posted by Warren Kiefer View Post

So, if I understand you correctly:
The AAC has no connection to the CDDs. Was it set up for administering the $40M?
The CDD boards are elected by the residents in that particular district.
The VCCDD and SLVCDD boards are "elected" by the only voter, the developer, since there are no other land owners in those unique CDDs.
The VCCDD and SLVCCDD manage the amenities (exec golf courses, rec centers, etc.
So, in essence, the developer controls the amenity fees, budget, etc.
Is that correct?
100 % correct !!!! Originally set up to invest the 40 million on the residents behalf.. There is a string of funding that continues to be the responsibility of the Amenities Authority Committee. (AAC)

It is no secret that the Developer has a lot of influence over the town center boards. After all he casts the only vote when the VCCDD or SLVCDD is elected to their positions.