Quote:
Originally Posted by Bill14564
PWAC will be explained in that class.
PWAC is also explained on its page under districtgov.org
Basically, there is a benefit in pooling money for maintenance of common areas. PWAC was created to pool funds from Districts south of 466 to maintain their common areas. New Districts through 13 were added to the PWAC.
Being part of the PWAC does not relinquish ownership of the property or facilities within the CDD. BCDD owns the land that the Brownwood square sits on; BCDD owns the square. Some of my D10 maintenance funds were put into the pool (PWF) that paid for the repair of the windmill and water tower but that doesn't give me or D10 any ownership over the square the windmilll sits on. Likewise, the BCDD contributes maintenance funds to the PWF which are used to pay for the flowers in the circles on Buena Vista at Hillsborough and Hendry but in no way does that convey any ownership of that land to the BCDD.
We Villagers along with the BCDD and SLCDD provide maintenance fees to the PWF to pay for maintenance of common areas and features but that doesn't mean we Villagers can lay claim to anything not an amenity that is outside the District we live in.
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Thank you for this excellent explanation. I understand it better now. PWF paying for common areas makes sense. We all like to see these common areas maintained so that the Villages continues to be a beautiful place!