Quote:
Originally Posted by crash
I don’t care if the Morse family makes money but why should the tax payers subsidize them. There would be no development if there were no roads built so the developer should pay for that.
In most areas the developer pays for the infrastructure (roads) by developer fees these run about $20,000 per home. The Morse’s pay $900.
The entire counties taxes went up because now the tax payers are paying for this cost instead of the developer. This cost is usually built into the price of the home.
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Finally, finally someone has hit the nail on the head (with the possible exception of that $900 number which comes from where?).
In most areas of the country the infrastructure in a new development is paid for by the developer, which of course means the new homeowner. So what is the difference to a new home buyer in TV of a 20K bond or 20K in tax----zero. What's the difference to a lifelong resident of rural Sumter Co. that owns a third generation home paid off long ago---probably pretty large. In essence, it is not the taxpayers subsidizing the "ultra rich" developers, it is all the taxpayers of the county subsidizing mostly northern transplants inside the Villages.
That being said, the taxpayers of the Villages subsidize other projects within Sumter Co. Does anyone doubt that TV has been a miracle for the county, which at one point was the poorest county in Florida? Remember, this entire thread started with the OP babbling on about the "ultra rich" developers. IMHO, the whole country could use more "ultra rich" developers that build what we have here.