Quote:
Originally Posted by Mr.Kris
Here is an apparent quote from a knowledgeable source. You can decide which option you think is the most likely.
"I’m concerned that the IRS appears to be making new law through an enforcement process” … “options include getting the IRS to change the decision or asking bondholders to pay the taxes” … “Village Center Community Development District could try to settle the case but that could result in an expense that may ultimately be paid by area residents.”
-Perry Israel (Bond attorney representing the district)
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Your post is not entirely clear. Are you quoting Perry Israel as saying: “Village Center Community Development District could try to settle the case but that could result in an expense that may ultimately be paid by area residents.”?
If so, where did he say it and what is the full quote? Frankly, I doubt that he said it-- at least I hope he didn't. For him to do so would be absolutely outrageous, and it is something that the VCCDD, the VHA, the Daily Sun, and Janet Tutt have been denying all along.