Jan.... from what I understand, the central CDD not only bought the facilities but also the right to collect amenity fees for a certain number of rooftops in perpetuity. It is this future revenue stream that adds the value not the raw building cost.
I am not an accountant nor ever pretended to be one but this is how I have heard it explained.
Sorta like buying a successful business...you don't just buy the brick and mortar, you are buying the customer base, goodwill, value of the name, future contracts, etc.
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Maryland (DC Suburbs) - first 51 years 
The Villages - next 51 years 
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