The villages in Lake county were built before Fla passed the laws creating CDDs they didn't have them to begin with. Anytime a CDD is created they can float another bond in the future and start the bond process over again if the yearly maintenance isn't enough to cover a large expenditure. There also have been cases where CDDs have multiple concurrent bonds. Most people really don't understand the CDD system as they aren't prevalent in many states. The bonds are not necessarily a one time deal and there is an on going maintenance fee that lasts like taxes.
