Quote:
Originally Posted by JackieandCharlie
We attended a CDD meeting recently (we are new home owners in The Villages, but not new to Florida). It was very informative and very helpful in understanding how our government structure works here. So far it seems like a very effective form of governing. Apparently CDD's have been used here in Florida since the 1800's.
As far as the IRS incident, the recent IRS findings were very good for us. Their auditors found our community assets are worth way more than the CDD's paid for them and have been a good deal for all involved (CDD, developer, and residents).
Just putting in my two cents.
|
Your last paragraph relies on a misleading headline and article that appeared in the Developer's Daily Sun. See the latest POA Bulletin on the subject (refer to page 2 for the facts):
http://www.poa4us.org/bulletins_file...etin201304.pdf. Hopefully, the Daily Sun's version of events will eventually be true, but it is not yet.