Talk of The Villages Florida - View Single Post - Latest On IRS Bond Issue
View Single Post
 
Old 12-18-2012, 09:09 AM
villages07's Avatar
villages07 villages07 is offline
Sage
Join Date: Mar 2007
Posts: 11,070
Thanks: 2
Thanked 24 Times in 17 Posts
Default

I have read everything I can on Villages government, the IRS bond issue and attended the 6 week Resident Academy class. I am no expert but do try to stay informed.

There is a lot of confusion and misinformation in this thread and on this site about Villages governance. The issues are complex and the terms are often misused... Numbered CDDs vs central CDDs, infrastructure bonds vs recreation bonds, what are amenities and what are not.

The IRS bond issue is very complex and no one has a definitive answer on how it will play out. One positive outcome I hope to see is a more open and fair process in putting a value on the amenities and amenity contracts that are sold by the Developer to the central district.

FWIW, I find Ed V's posts to be very accurate and logical and thank him for his efforts to clarify and inform.
__________________
Maryland (DC Suburbs) - first 51 years
The Villages - next 51 years