Quote:
Originally Posted by Bonanza
There is no question who will be paying.
We, the residents, will be the ones paying, as we have been up until this point.
Yes, it is we who are footing the bill, even though the IRS bond issue is with Morse, not us.
Thus far, the attorney fees are somewhere around one million.
Morse has not paid one cent.
The money has come out of our amenity fee.
Like it or not, we have no say in this matter. |
OH STOP.
That is simply not correct.
The lawsuit is challenging whether a CDD can issue Tax free municipal bonds. We are not the only CDD form of government in Florida but we are by far the most successful. Possibly the most successful way of running a town our size in the world.
The attorney fees are protecting the matter of the CDD form of management, which is what makes this place so special and so well run and not ordinary. In essence it is keeping the place like it is, but some of the outside interests and Morse bashers don't like that.
PLEASE see how much better it is than if it were run like a HOA. Someone would have spent our money for a big performance center that could not sustain itself and cut back on the flowers and the trimming. Someone would decide it would be cheaper to paint all of the rec centers the color of their favorite sports team.
Something like the POA would be suing the developer at every whip stitch and the pools would be overtaken by aliens and the chairs would be inhabited by the urban poor from Orlando.
Sorry. Got carried away. The last few statements were meant as sarcasm and have nothing to do with my opinions or those of my heirs and assigns.
Whoops. I promised myself I would stay off this forum.