Quote:
Originally Posted by justjim
With all due respect, the Morse family did not setup the CDD'S, the State of Florida did to attract development. They go all the way back to The startup of Disney World. This is often overlooked.  |
I meant to say he created them in The Villages. Thanks for clarifying for those who aren't familiar with the CDD process. And the CDD's are a legal entity and could benefit many people when they are operated correctly. The IRS issue is the the CDD's in The Villages are not acting like a public entity since they are controlled so closely by the developer, hence the question about their validity.