[TomW]

When I talked to the CDD office a few weeks back, they explained that the developer sells the amenities AND the revenue stream from the fees to the CDD. The CDD, as a governments unit, issues a bond to pay the developer up front for the . You all know about the bond! So, according to them, the CDD receives the bond payments that are collected through your taxes as well as the amenities fees to service the bond and to pay for upkeep. That's the word I got.