Quote:
Originally Posted by ltcpda
Hello -
We have visited friends and previewed pre-owned homes in TV earlier this month and look forward to being part of your outstanding community.
As a result of an IRS audit, I am concerned about the $355M assessment against the CDD's, the effect to amenity fee revenues, and the potential to end the issuance of tax-exempt bonds. It is my understanding that the recreation centers and golf courses have been financed through the use of the tax-exempt bonds. I only want to exercise some due diligence before we purchase a home.
I understand Governor Scott ordered an investigation of the state's special districts with an expected result in January of 2014.
Does anyone have any thoughts on this matter? We look forward to another visit to TV.
Thank you
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I think that you should abandon all hopes of living here. There is no clear answer.
The rest of us are spending each day chewing our nails, and worrying, praying and getting our collective knickers in a huge hitch.
All 100,000 of us very carefully planned, thought out, mostly conservative in nature and careful with our pocketbooks and OLD.
I truly do welcome you to the forum, but direct you to the search engine above where you will see many of us try to make sense of it and certain of us always, always, always, defame the nice developer. It won't take long, maybe a few hours of reading what already has been written on this forum to get a gist of it and see a pattern. You will soon hear from a lot of people with their opinions. I hope Village Kahuna writes something, as Edwin M. has taken a vacation from the forum since the "gate" issue. On the negative side you will assuredly hear from a person whose name sounds like a vegetable.
I don't understand it myself. AND I have been sarcastic, but the truth is that I don't worry about it at all.
I am thinking about beating up the guy who got arrested for road rage on the Morse Odell circle though.
Read On...and welcome and your homework is that after reading all there is about this issue, explain it to the rest of us.
Kind wishes,
Really.. I am not as mean as it sounds above.
Gracie