Talk of The Villages Florida - View Single Post - Latest On IRS Bond Issue
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Old 12-11-2012, 04:22 PM
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EdV EdV is offline
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Quote:
Originally Posted by rubicon View Post
.....Someone mentioned that the amenity contract made it clear that it was a fee for a specific service, etc. However contracts were made to be broken.
All 40,000 of them? Come on.

Quote:
Originally Posted by rubicon View Post
..... Secondly if the IRS renders an adverse verdict how does that affect the future financing of the transfer of The Villages to the two commercial districts?
What transfer. Those two special districts belong to the developer and his family's real estate holdings, now and for the foreseeable future.

Quote:
Originally Posted by rubicon View Post
.....Another problem here is that according to Lauren Ritchie the IRS alleges that the Developer was paid twice. What exactly does that mean and what financial affect, if any, did it have on residents
It means she continues to be confused about the bond on each residence and the ones issued to build the amenities that are part of two special districts. I’m telling you, the woman is clueless and quite frankly dangerous to the peace of mind of TV residents.

Quote:
Originally Posted by rubicon View Post
.....Finally frankly I am sick of this issue hanging over us. I still wish the POA would assert itself for the sake of residents
Well if you’re that bothered by this hanging over your head, why not make an appointment with your attorney and go over it with him/her as your legal expert. Better still, why not organize an interest group of twenty or so residents to kick in 100 bucks each and get a written opinion. Problem with that is that most people tend to have short arms and deep pockets and would rather whine about the problem and wait for someone else to take the lead.

Just saying.
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