Talk of The Villages Florida - View Single Post - Who Pays ?
Thread: Who Pays ?
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Old 11-21-2009, 09:12 AM
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villages07 villages07 is offline
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Just for clarification....

The IRS issue on tax free bonds ONLY deals with the amenities.... golf courses, rec centers, pools. It has nothing to do with the town squares. The town squares are private property owned by the developer and were not funded with bonds.

I think the answer you received was informative. Whoever sponsors the event (in this case the developer) pays for the expenses, even if/when it is using CDD resources (rec dept staff, community watch, etc).

If it was an event for which there was no local interest, I'm sure the developer wouldn't sponsor it. But, I suspect they will get a large turnout today.
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