Quote:
Originally Posted by Bill14564
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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Bonds can be justified and issued by most any government body in the state, a CDD is one of those types of bodies.
Bonds can be issued for any number of reasons, the bonds most spoken of here in TV are development bonds for the cost of building the infrastructure but there are others in use here. VCCDD is issuing bonds for the purchase fire stations and SLCDD will be issuing additional bonds for the purchase of amenities, Sumter County issued bonds for the construction of the new county service center and fire training center.
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Don Wiley
GoldWingNut (a motorcycle enthusiast not a gilded fastener)
A student of The Villages, its history and its future.
City of Wildwood
www.goldwingnut.com
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Carpe diem quam minimum credula postero
Society is produced by our wants, and government by wickedness; the former promotes our happiness positively by uniting our affections, the latter negatively by restraining our vices. -
Thomas Paine, 1/10/1776