Excellent post GWN. And it of course raises some questions for me.
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The Deferral Rate is an implementation of the deferral option clause included in the later deed restrictions contracts.
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You used "deferral" too many times there for me.
Reusing the same word doesn't explain to me what's going on.
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Here's the third. Let's call this one the "Gimme Clause" in the deed restriction.
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How does this work in a place like TV where houses are constantly being built and amenities are constantly being added? So the fee may be $X/house/executive course + $Y/house/pool, etc.
As the Developer adds houses & amenities there should be times where there are more amenities than houses to support them (it'd be nice to think the opposite never happens). Does the Developer eat this imbalance until there are enough houses to support the amenities & the amenities are transferred to the local government?
Does the "gimme" clause cover items like the archery & air rifle ranges, & the RC track? i.e. The number of pools & other standard amenities stays proportional to the number of houses, but now there are additional new amenity types, so the overall ratio of houses to amenities goes down (houses/amenities), requiring the fee to go up. This seems like it would get tricky given the size of TV; I doubt people in Orange Blossom want to pay for the RC Track way at the other end of TV.
Fascinating stuff. And bless you for wallowing around in all this sausage-making.