The Developers helping out
 

I guess you folks now can quit damning The Developer now that they donated $2 million of their money towards CDD’s 14/15 maintenance fees assessment increase.

What’s your next topic?

Chicken feed. If they are donating means they got out of something?

1. Haven't seen the article or the details about that; where do I find more info?
2. Did they donate $2M or was that their calculated share of the CDD15 fee for the unsold properties?
3. If a donation then that's really nice but just kicks the can 12 months down the road

In today's Village Sun.

How much does that come to, per unit? Compare with how much the per-unit expense was expected to be without the donation?

(I am sincere in my question, I don't know the answer and I'm hoping someone can answer it.)

Hi
 

Hi still new here. Wasn't there a thread talking about the fee..looking for other views but I can't seem to find it any longer...was it removed ??

Just helping sell their inventory some people won’t figure it out they’ll gain more than the outlay…

Here's one:

https://www.talkofthevillages.com/fo...sunday-352055/

Not something I will see then. Maybe it will be reported elsewhere, perhaps the minutes of the next CDD14 meeting.

I trust there is more to their donation than just being generous. Truth one way or the other will come out.

I think your wrong in your assessment. I'd complain also if a bill that size was dropped in my lap shortly after I purchased a home here,

Hmmm, an article in a newspaper promoting an action taken by the owner of the newspaper. Now there’s a surprise! Logic would dictate that the “donation” would appear much more sincere if it was going towards helping residents in a district where new homes aren’t being sold.

Without the pushback by residents of CDD’s 14/15 the developer may not have contributed the $2,000,000.

Here's a cut and paste....

Who owns the Daily Sun. Yeah, thats what i thought!

Since it has always been common knowledge since we came in 2007, on who owns the Sun.
Got any important news on the donation, and what criteria for how it will effect 14 & 15

It’s all there in the Sun article.

Not everybody has been here since 2007!

I'm waiting for the more knowledgeable....and credible to post on where the 2M is earmarked to and who, if anyone, in the district's (noticeably) benefits from it

For whatever it's worth, I can't find anything online about the donation. I can't find it on the newspapers site, nor on the District's site.


I'm sure the apparently $2,000,000 "donation" has benefits of some sort to the Developer. That's just common sense.

If the Developer is simply interested in public relations and this is simply a token of his largesse, I don't believe it. There would be much better ways to generate goodwill, than subsidizing the budget of (2) isolated CDD's.

I'm sure most of the story will soon come to light and everyone will have a better idea what's behind it.

Interesting. Our link obsessed membership fails to attach one to this story

Daily Sun Article
 

Not sure how this might or might not work.
This from Daily Sun today.

As far as I can tell, The Villages Daily Sun does not have a real online presence. Yes, they have a page that appears to have articles but not the entire content of the printed version and the articles that do have links are really just teasers with a short intro and then:
Read this story and many others in Sunday's edition of the Daily Sun.

Even if our link obsessed membership wanted to attach one, there is none to attach.

You know how well hearsay plays on here!

Nice. So it looks like it might be a donation for this year which will let the new rates take effect over two years.

I have a suspicion about the lack of a true online presence: I was told long ago, "if it isn't written down it didn't happen."

It works, thank you

So I have one question that I thought I knew the answer to ... but might not.

Bottom paragraph, Page 1: "After reviewing the amount of new infrastructure turned over, compared with the number of new people moving into the District .... "

How does that make a difference? If I'm not mistaken, the Developer pays the maintenance fee on unsold lots, so how many people moving in, shouldn't be relevant ... should it?

I think the next 24 posts answered that question 😂😂😂

Well, it was a nice try. But the kind of hatred that we see around here will take much more than this to relieve. It could have been 20 million and the comments would be the same.

Unfortunately you are right.

The maintenance fee schedules for CDD14 and CDD15 make it look as though each of the 6,800 properties are being assessed the fee.

The meaning of the quote isn't exactly clear so maybe we are both misinterpreting it.

I live in 14. Out of the blue my cdd maintainace fee goes from about $500 to about $1000. A meeting with district was scheduled and an alleged bailout was announced the morning of the meeting. This alleged 2 point something bailout from doubling my maintenance bill to only 25% increase is a hard pill to swallow. I can't help but feel I'm paying for their over extending themselves on the west side of the Turnpike because it's a very very huge wasteland of unsold properties that they are sinking billions into. They might be taking advantage of the late boomer/Millenials down here that go with the flow and just think government waste is something they should normally absorb....only saying because that's what I've heard them say here. The Developer lost points with me with this blindside tactic. Doubt I will "move 3 times"

This has nothing to do with the Developer or unsold lots. Please take the time to watch the presentation linked above to learn how this maintenance fee works and where the increase is coming from.

The developer has done a great job building this place but he is a businessman first.

Thanks! Screen scraped the text below:


The Developer will pay an additional $1.8 million to the Eastport CDD through the Eastport Maintenance Advisory Committee and $200,000 to the Middleton Downtown CDD through the Middleton Maintenance
Advisory Committee.

The extra contribution will allow for the number of households in each of the districts to catch up to the amount of new infrastructure being turned over to the districts for maintenance, Blocker said.

The original proposed budget for CDD 14, which includes the villages of Newell, Lake Denham and Dabney, included $2.4 million in maintenance assessments, an increase of $864,000.

The maintenance assessment for Middleton residents was originally budgeted at about $2.1 million, an increase of $480,000.

Residents in CDD 15, which includes the villages of Moultrie Creek and Shady Brook as well as future villages of Well Point, Waters Edge, Lakeside, Edenfield, Oak Hollow and LaGrange, will be paying a maintenance assessment for the first time on their tax bills this year.

The final budgets for all community development districts will be approved following public hearings in September.

The Middleton CDD board meets at 10 a.m. Sept. 6 at Everglades Recre-ation, 5497 Marsh Bend Trail.

The CDD 14 meeting is 1 p.m.
Sept. 12, followed by CDD 15 at 2 p.m., both at Everglades Recreation.

Managing Editor Keith Pearlman can be reached at 352-753-1119, ext. 5347, keith.pearlman@

Did the links not work for you?

They were good - thanks again

Some people don't click on links, or have problems with PDF files - trying to help.

The turnover is from The Developer to the residents. The increase is based on the added infrastructure. A year ago, CDD 14 was Newell and a relatively small amount of Lake Denham. They are complete now - as is Dabney. So now there are more ponds, more grass, more weed killer...

I agree with you, it shouldn’t be relevant and I have been trying to figure out the logic behind this additional contribution. I had a conversation with Mr. Blocker yesterday morning about this, he compared it to the turnover of the Hogeye preserve area in CDD12 a few years ago where the increase was deferred over a 3 year period, but it’s not the same thing. I’m still trying to put the pieces together on this one and have a few more stones to turn over.

Some things are certain:
1) this is only a deferral of the increase, the developer won’t pay it again, so an increase will come again next year.
2) next year there will be an outcry over the increase and people will expect the same or greater contribution by the developer again.
3) no matter what the developer does, nothing is ever good enough for some people, as is evident by many of the posts on this thread and elsewhere.

These costs will go up 5-20% a year simply on rising maintenance costs - CDD 13 was 15% this year. The reason this is a one-time fix is next year the Developer will not have financial control - the CDD will. By then, the CDD will be comprised of 5 residents of CDD 14 (I believe CDD 15 went up 18%). The maintenance fee after the 56% would have been (for my house) $837 a year ($70 a month). This is $4 more than CDD 13. I hope the increases are limited to 20% as we "catch up" and they are maintaining the quality as much as possible.

I understand why the increase, I don't understand what it has to do with "population". The cost is the cost, regardless of how many people live there.

You mean maintenance of fairly new facilities that because the houses aren’t all sold the fees are distributed over fewer number of residents.