[KeepingItReal]

From VCDD Our Place 02/06/14

Another reminder is in order concerning some residents who may be missing a refund. So far, 535 refunds have been made to property owners who overpaid their final year’s interest when they paid off their District bond in full. We believe there are other property owners who have not received their refund. To qualify, a property owner either can download a refund application from districtgov.org or call our Finance Department bond payoff team at 751-3900 and a form will be provided to you. To qualify for a refund, some criteria must be met as follows:

1. Property must be located
in CDD Nos. 1-9.

2. The property owner must
have paid their bond in full, not
just made annual installment
payments.

3. The payoff must have
occurred during the period
from the last week in July
through the following March
16 of any year since the bonds
were issued. Property owners
who paid off their bonds during
the period March 17 to the
end of the third week at the
end of July in any year paid the
correct amount and are not
entitled to a refund.

If you feel you may meet the criteria, fill out an application and our bond team will
determine eligibility. If you are entitled to a refund, you should receive your payment in about three weeks. If you are not entitled to a refund, you will receive a notice explaining why in the same time frame.

David R. Miles,
He can be reached at 753-0421 or
david.miles@districtgov.org.