Talk of The Villages Florida - View Single Post - IRS resets bond challenge.
Thread: IRS resets bond challenge.
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Old 05-20-2012, 01:30 PM
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Originally Posted by rp001 View Post
Thanks, I read the info and still see their is NO actual stated impact of a negative ruling against vcdd..There is vague reference that "we may not be able to provide amenities.....", with nothing being very specific...Seems the crux of the issue is the developer's relationship with vcdd..? I guess this will be just another governmental way to line a lot of attorney's pockets...I know this is oversimplified...And is extremely complex in nature...
Although there have been subsequent developments, the following article, which examines the potential impact on residents, remains valid today:
http://www.poa4us.org/bulletins_file...etin200908.pdf