
11-30-2012, 07:38 PM
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Sage
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Quote:
Originally Posted by Advogado
In case you don't read the POA Bulletin, if you paid off the bond on your house, you may have been overcharged on the interest because of a miscalculation by the District Government.
As incredible as it seems, now that the miscalculation error has been discovered (apparently by a diligent homeowner), the District Government is not, on its own volition, checking the amounts of all the payoffs and refunding the overpayments it wrongly collected. Instead, if you paid off your bond and want to recover any overpayment, you need to obtain from the District office on Wedgewood Lane, fill out, and return to that office a form entitled "Request for Reimbursement of Bond Interest".
The District has said that it will then refund, to persons filling out and returning that form, any overpayments, whose recovery is not barred by the statute of limitations. In other words, if you paid off your bond, don't wait too long to file your claim.
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This was sent to me via email from the VCDD. I am sure it was sent to everyone who lives here.
 e-NotificationSubject: What's Happening - Special EditionDate: 11/30/2012 Dear Subscriber,
The purpose of yesterday’s Our Place article was to address the information you have seen in the local media the last two months concerning an error in the procedures used in the calculation of bond payoff amounts when a resident elects to pay off their bonds used to fund each District’s infrastructure. For your convenience, the article link is below. If you have any additional questions, please contact the District Finance Department, Bond Team at (352) 751-3900 or visit the District’s website at www.DistrictGov.org.
Our Place 11/29/2012
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