Talk of The Villages Florida - View Single Post - Important information on Amenity Funds
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Old 09-11-2010, 09:42 AM
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EdV EdV is offline
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I did not intend to imply that the money was the result of altruistic benevolence on the part of the developer.

It is however a good example of what a few residents were able to do when they felt that the central CDD was spending too much on purchasing amenities from the developer and not enough on repairs and funding of capital reserves. They also challenged the CDD’s position that the multi-modal paths were not amenities and that any repairs/widening would have to be funded by the numbered CDDs.

An out of court settlement has resulted in those funds and the establishment of the resident elected AAC to oversee those funds among other things. One of the first allocations ($6 million) is being used to widen the paths north of 466.