Talk of The Villages Florida - View Single Post - R We Residents the 'Last to Know!'
View Single Post
 
Old 08-29-2010, 03:37 PM
The Shadow's Avatar
The Shadow The Shadow is offline
Senior Member
Join Date: Feb 2008
Posts: 387
Thanks: 0
Thanked 0 Times in 0 Posts
Default

Quote:
Originally Posted by jmitchell View Post
JimJoe,

I apologize if what I wrote came across as an “attack”. I was just trying to make the Orlando Sentinel and Ms. Ritchie take responsibility for their reporting. I too want the facts and I believe that news organizations have the responsibility to present the facts accurately and that we as citizens should make sure they do so.

I am just beginning to gather information and before I post details, I want to make sure my facts are accurate, but I will give you one, very clear example. Below is a sentence from the most recent article.

“The agency wanted $16 million in back taxes and a promise by community development districts never again to masquerade as a legitimate government.”

I have not read in any of the IRS documents that they asked for “a promise by community development districts never again to masquerade as a legitimate government.” What I believe she is trying to make reader believe is that TVCDDs or any CDDs for that matter are not “legitimate governments” – which they are per Florida Statute. Florida Statue also gives CDDs the right to issue bonds, including tax exempts bonds.

I will stop here. This is just one example.
“The agency wanted $16 million in back taxes and a promise by community development districts never again to masquerade as a legitimate government.”

More accurately,
The agency wanted $16 million in back taxes and a promise by community development districts never again issue tax free bonds.

Or
The agency wanted $16 million in back taxes and a promise by community development districts never again to masquerade as a government qualified to issue tax free bonds.

“masquerade as a legitimate government” That phrase was not used.