[jimdecastro]

Originally Posted by Bill14564

1. Haven't seen the article or the details about that; where do I find more info?
2. Did they donate $2M or was that their calculated share of the CDD15 fee for the unsold properties?
3. If a donation then that's really nice but just kicks the can 12 months down the road

These costs will go up 5-20% a year simply on rising maintenance costs - CDD 13 was 15% this year. The reason this is a one-time fix is next year the Developer will not have financial control - the CDD will. By then, the CDD will be comprised of 5 residents of CDD 14 (I believe CDD 15 went up 18%). The maintenance fee after the 56% would have been (for my house) $837 a year ($70 a month). This is $4 more than CDD 13. I hope the increases are limited to 20% as we "catch up" and they are maintaining the quality as much as possible.