Here's an article about lakes/ponds in THE VILLAGES:
VILLAGES HAS THAT SINKING FEELING - Orlando Sentinel
March 5 2003. letter to Pete Wahl, administrator of the developer-controlled Village Center Community Development District government.
Wahl said the community's engineers are "looking for options" for a permanent fix. He would not discuss any of those options.
Water officials are concerned about a large retention pond The Villages calls Lago Bonito -- Spanish for "pretty lake."
Six homeowners there paid premium prices for waterfront homes. When a hole swallowed all the water last year, they picketed the developer to fix the problem.