Quote:
Originally Posted by Advogado
The Daily Sun has reported on this in today's edition, on page C5, in an article entitled "Attorney refutes IRS memo regarding tax-exempt bonds". The reporting is straight forward, but it once again fails to give the reader the background information necessary to understand what is going on.
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What would you expect the Attorney for the developer would say ?? The min problem is the VCCDD set up. Those who don't know, the VCCDD controls most fiancial decisions north of 466. The committee that makes the actual decisions are "elected" by the property owner in that district. The only property owner in the VCCDD happens to be the developer. This district is bounded by the Spanish springs business area and there are no residents living within those boundaries. I have little faith in the Attorney Perry Israel and know from experience that attorneys love to drag out cases. Simply put, the longer a case lasts, the more money a attorney makes.