Quote:
Originally Posted by Steve9930
Here's your answer to paragraph one: The fact that they can issue Tax Free Bonds. You must be a municipality to issue such bonds or a Public School District, or a County. The Villages is considered a Special Municipality under Florida Law. They are bound by many of the same regulations as any other city. The IRS in their last ruling to the Villages indicated they believe that the Villages because of the way some things were manipulated violated the rules which define the Villages as a political Municipality, therefore they had no authority to issue Tax Free Bonds. Sorry I got a bit off topic. Have a nice day.
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Doesn't answer my question. I read posts asserting that, because the infrastructure was financed using tax exempt bonds, TV has no right to restrict access to those paths that are maintained by amenity fees. I don't believe that this is correct, thus the examples above. Your response appears to say that any municipality financing anything using those bonds gives up the ability to place any restrictions on its use. If this is so, I should have unfettered access to any municipal facility anywhere as long as it was financed with tax exempt bonds. Really?
Sorry for taking this off topic. Belongs in a different or new thread.