All of the "outcry" and "commentary" has tried to insinuate the developer is shady, doing dastardly deeds, and out to snooker the elderly through legal loopholing. Balderdash!
From my readings, throughout this entire bond experience, the developer had acquired exceptional legal counsel from what is arguably one of the most (if not THE most) prestigious law firms in Florida (Akerman Senterffitt), highly experienced in CDDs. What goes on with the running of these CDDs is occurring statewide, so the battle is concerned with selected folk within the fed, many years downstream, looking at Florida state law from a different view than previously done, and seeing a possiblity of fed revenue acquisition through "redefinition." So, other CDDs, not just TV, have interest in this TV-fed matter, as Florida state law is what's on the challenge table.
So, as the discussions, negotiations, and other legal wranglings go on between TV and the fed, life still goes on for the rest of us. If the fed position is a reversal from earlier, then the potential for litigation, through Tax Court, There may even be a constitutional issue, impacting again which court(s) may be involved.
If there will be any impact to any TV resident, present or future, is total and utter speculation. And it's easy to get us "older folk" spooked by any accusation, implied or direct, that our security is being jeopardized and that our financial plans (pretty well fixed by this point) may be in some danger.
Ms. Ritchie is exercising her First Amendment right to state her opinions as she sees fit, and the Orlando Sentinel likewise is exercising its First Amendment right to publish her opinion (and make money at it as well). My First Amendment right to discount the insinuations is my choice, as I hate dealing in a whole lot of guessing games where sharp legal minds will be working on this in good faith for probably a very long time. And since no one can provide any scenario in which doom and gloom is prevalent, I'm back to LSL for a $1.75 Margarita at 5PM.
It's a beautiful day in The Villages.
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