Quote:
Originally Posted by champion6
Thursday's Daily Sun, page C3, had an article describing the election of supervisors in CDD 11. The article described this district as what is commonly called the Villages of Fruitland Park. Link to map
One paragraph is especially interesting (or odd): "Its (the new board's) next step is to determine a date to discuss a bond issuance, District Manager Janet Tutt said. Bonds will pay for infrastructure, such as stormwater systems, roads, drainage, landscaping and irrigation, at a cost of about $40 million."
Hmm ... I don't think anyone expected these lots to have a bond because they are located in Lake County. It will be interesting to hear what is discussed at the meeting where this will be discussed. |
When The Villages first proposed this development to Fruitland Park, it was announced that there would be no bonds and the cost of the infrastructure would be included in the price of the homes, as is done in most developments. Because of this, designer homes are expected to start at $500,000.
It is interesting that now, some months later, they are talking about attaching bonds to these homes. Was there a date and time announced for this meeting?