Talk of The Villages Florida - View Single Post - 400 million $$ amenities purchase
Thread: 400 million $$ amenities purchase
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Old 10-20-2016, 07:05 AM
Allegiance Allegiance is offline
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Quote:
Originally Posted by blicata View Post
Developer made sure that everying below 466 was cdd. If you read the chapter 190 florida statute on cdds(provided by one of the villagers on this site) developers have total control over these districts. Developer can do anything he wants & shift the financial responsibily to the villagers(i.e. Morse bridge, $400m in bonds,etc). We have no vote. He is in total control. He does not have to exercise these rights(some fair minded deveopers don't) but developer has taken the low road to greed. I'm confident morse family has an entire law firm looking out for their interests.
I would like to hear more detailed information on the differences between north and south of 466.

I admit to being very naive about cdd's, deed restrictions etc.