Talk of The Villages Florida - View Single Post - IRS and VCDD Bonds
Thread: IRS and VCDD Bonds
View Single Post
 
Old 09-15-2009, 03:07 PM
spk7951's Avatar
spk7951 spk7951 is offline
Gold member
Join Date: Aug 2008
Posts: 1,285
Thanks: 8
Thanked 38 Times in 21 Posts
Default
Quote:
Originally Posted by katezbox View Post
"Disneyland" is not a CDD - it is a for-profit entity (and also is in California). Near the Walt Disney World complex in Orlando is the community of Celebration. Like TV, residents of Celebration live in different "villages" and get around on NEVs/LSVs.

From what I have read (and sorry, can't remember precise source) CDDs were used as a financing vehicle here as well.
Disneyland is a for profit business but I remember hearing at the CDD newcomer meeting last year that Disneyland was in fact the model for this law some years ago and is covered under a CDD. I can not find them in the below link which shows active Florida CDD's but I believe the name is Boggy Creek CDD. The list does not have a date on it. Celebration is listed under Osceola County as a CDD.
http://www.ccfj.net/CDDdistrictsfl.htm