Quote:
Originally Posted by SusanStCatherine
What I've heard from salespeople is it will all be golf cart accessible. The family community of Middleton will have their own ammennities and not have access to ours. I don't think they have to pay a bond. At first I heard there would only be 250 houses but later I heard many more perhaps it was 3000. I think they will have some apartments.
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There will be bonds (see previous post), they are an essential element for establishing A CDD.
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The Villages appoints heavy hitters to newest CDD board at southern end
By
Marv Balousek April 26, 2022
As construction in the Villages of Southern Oaks continues its southward and eastward march, Wildwood commissioners Monday night approved a new community development district for an area along County Road 470 across from the Coleman federal prison.
Middleton Community Development District A will include 8,280 homes on 2,485 acres.
Infrastructure for the development is expected to cost nearly $400 million over the next six years for roads, multi-use paths, bridges, tunnels, landscaping, buffer walls, storm water management and wetland and wildlife mitigation. Sewer and water extensions also will be required.
The improvements will be financed by the landowner and CDD with reimbursement through special assessments and revenue bonds.
Estimated completion date for the infrastructure projects is 2028.
The all-residential development will be near a downtown area that is slated to include schools and businesses.
Wildwood Commissioner Marcos Flores recused himself from voting on the district because his wife has been named to serve as vice chair of the Middleton CDD A board.