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Old 10-14-2016, 03:31 PM
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Mikeod Mikeod is offline
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The amenities are being transferred/sold to the LSCDD, not the residential CDDs (CDD5-10) along with the revenue stream of our amenity fees. The district will have control instead of the developer, not a big difference, IMO. We've been sending our amenity fees to the developer instead of the district and the developer has been taking care of and constructing the amenities. Once the transfer is complete, the district will have control and the funds.
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