|
12-18-2012, 09:18 AM
|
Sage
|
Join Date: Mar 2008
Posts: 40,038
Thanks: 4,875
Thanked 5,538 Times in 1,924 Posts
|
|
Quote:
Originally Posted by villages07
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.
|
Fine post.
__________________
It is better to laugh than to cry.
|