The difference may be that the residents here are already paying for the executive course, rec center, other amenities' maintenance. Those north of 466 are already owned by the central CDD (VCCDD). All is done through our amenity fee which can only rise with the CPI. Funding for the purchase of the facilities was through bonds guaranteed by our amenity fees.
Those south of 466 are still owned by the developer, but maintenance and repair are still funded by our amenity fees. Eventually, when the IRS question is resolved, the amenities will be sold to the SLCDD in the same manner as the north along with the ability to collect our amenity fees which are currently going to the developer.
The town squares and championship golf courses are owned by the developer. Whether he retains or sells them should not affect our amenity fees. But, if sold, could certainly affect our lifestyle.
I don't foresee our amenity fee rising as in the example above.
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"the difference between genius and stupidity is that genius has its limits."
Last edited by Mikeod; 02-08-2014 at 08:26 PM.
Reason: Clarity
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