Talk of The Villages Florida - View Single Post - bond/assessment?
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Old 10-24-2024, 10:18 AM
Bill14564 Bill14564 is offline
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Quote:
Originally Posted by BrianL99 View Post
The Bond and Impact fees, are separate and distinct. The "Bond" is not, in any way, related to Impact Fees.

Nor is The Villages "one of the few developments that charges the Homeowner a bond". Almost all large residential developments in Florida have been developed using the CDD model (& bonds), for over 40 years. There are 1635 "Special Districts" in Florida, of which 575 of them are CDD's.
CDD != Bond


I don’t believe there would be a bond without a CDD but a CDD does not require a bond.
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Last edited by Bill14564; 10-24-2024 at 10:29 AM.