[TVMayor]

Food for thought.
Who did not pay $354 million said to be tax due on the commercial district's bonds? Who, not the residents, not the developer, not the CDD, it was the bond holder, people that buy stocks and bonds.

Who sold tax free bonds and should not have done so, the CDD.

At one time the CDD was told they had to pay a fine and never sell tax free bonds again and they turned down the settlement.

I do not think it unreasonable to think the bond holders well have to pay the taxes on the bonds.

I do think it unreasonable to think the bond holders well POed and file a class action law suit against the CDD. The CDD has some amount of money in reserve and a limit on how much amenity fees can increase. I feel the fee limit is my firewall.

Maybe the CDD could redeem and reissue bonds paying a higher interest rate seeing they are not tax free.