Quote:
Originally Posted by gfmucci
We all desperately need Community Development District (CDD) training! Simply, the infrastructure (water, sewer, drainage, roads, etc.) is built in advance and financed over a long term through bonds, the payment of which is shared by new land owners, the home buyers. The "builder" just builds and charges for the home and lot.
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The infrastructure
inside TV is built and paid for by the developer and the cost pro-rated and passed on in each home sale - I don't believe the county came in and installed those items for the developer.
I believe the charges by the local agencies (county, city, sewer dist, water and power companies, schools, mosquito district, library, animal control folks, etc) are primarily "impact" fees due to the cost to service the new residents and are primarily to reimburse local expenses outside TV.