Re: Annual CDD assessment?
Good solid info, Muncle.
It is my understanding the developer elected the CDD method as opposed to simply borrowing via normal financing sources because of the tax advantages. The CDD bonds are similar to municipal bonds and enjoy a tax advantage for the buyer which makes tham more attractive.
A poster above mentioned the second page of the Recreational News in The Daily Sun ("Our Place"). This page is not an editorial and does not cheer lead for the developer, unlike most of the rest of the paper. It is well written and very informative. I urge every Villager and potential Villager to read this page.
I assume they elected to put it in the Rec section because that is the most read section of the paper.
DC
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