Quote:
Originally Posted by Bill14564
Someone please correct me if I'm wrong...
- The Developer owns everything initially - houses, roads, rec centers, dog parks, etc
- People purchase homes
- Most roads are turned over to the County
- A CDD is established for local governance and for maintenance of common areas
- Amenities (golf courses, pools, rec centers, dog parks, etc) are turned over to the Villages CDD covering the area (North of 466 = VCCDD, 44 to 466 = SLCDD, South of 44 = ???).
- "Turning over" might involve payment to the Developer
When the dust settles:
- The resident owns the home
- The numbered CDD owns the common area and the Villa roads
- The County owns the non-Villa roads
- The Villages area CDD (VCCDD or SLCDD) owns the amenities
Amenity fees are paid monthly monthly on your utility bill and go to the CDD covering the area (VCCDD or SLCDD). Amenity fees pay for gate attendants, rec center employees, neighborhood watch, pool chemicals, new roofs on the rec centers, etc.
Maintenance fees are paid yearly on your tax bill (about $500) and go to your numbered CDD (CDD10 gets mine). These fees are used for maintenance of common areas such as entrance signs, painting some villa walls, flowers, maintenance of villa roads, filling sinkholes near retention ponds, etc.
A portion of the Maintenance fees from Districts 5-11 (currently) are pooled for project-wide maintenance activities (mowing common areas, flowers in common areas, fixing sinkholes, etc). The Project Wide Advisory Committee (PWAC) is a group of supervisors from Districts 5-11 that advises the SLCDD on the use of the pooled funds. They also make recommendations to the SLCDD on the use of Amenity fees.
For those who are already owners, the Resident Academy is the place to learn about District Government from the experts.
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Great answer, just a few minor corrections:
PWAC now includes CDDs 5-13, growth continues, however it is highly that 14 will be a part of PWAC, more likely an eventual PWAC2. PWAC carries most of the maintenance contracts for CDDs 5-13 saving all of them money due to economy of scale and provides consistency between the CDDs, hence the reason a majority of their budgets go to fund the Project Wide Agreement (facts lost on the CDD7’s leadership).
SLCDD and VCCDD purchased the amenity assets and contracts from the developer and are the owners of the amenities between 44 and 466, and north of 466 respectively. You are correct about the Amenity fee going to the respective owning CDD. South of 44, the Amenity fee goes to the developer (except $4.08/month which goes to VPSD), the developer covers all operating and maintenance costs for the Amenities - the pay the Recreation Department for staffing and operation. From the fees they also have to pay property taxes, and eventually, they may actually make a small profit, but that is still may years away.
When moving south of 44 the county no longer takes ownership of the residential roads, these now below to the City of Wildwood, including the villa roads. North of 44 you are correct. The main/regional roads, like Meggison, are owned and maintained by Sumter County.
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