Talk of The Villages Florida - View Single Post - I.R.S. Rules Against The Villages
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Old 06-06-2013, 09:55 AM
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Quote:
Originally Posted by mickey100 View Post
This whole debacle didn't occur because of one political party being picked on, it happened because Morse and his people "stretched" and worked around the rules, and they got caught. Simple as that. I'm guessing most of the CDD's in other parts of the state do not work like the one here in The Villages, so this will act as a warning to other CDD's - abide by the intent of the law. The Villages clearly did not do this even after previous warnings.
yeah - just a guess.

and i could guess that if bonds had not been sold, home buyers would have had their share of infrastructure costs added straight into their purchase price...and that if this suit is ultimately lost by the developer that they just might be assessed that amount straight away!

but that's just a guess.
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