Talk of The Villages Florida - View Single Post - Where does the developer make the most money?
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Old 11-01-2022, 07:49 PM
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Quote:
Originally Posted by tuccillo View Post
Do you realize that the Rec Centers are sold back to the CDDs? Yes, they are nice but you are effectively paying for them via your amenities fee (as about 50% of the amenities fee, IIRC, goes to pay off the purchase of the amenities from the Developer). This, by the way, is a good thing since one of the purposes of CDDs is too maintain amenities put in by Developers.
Do what do you think a Rec Center would look like if Wildwood or Sumter County developed it?