Sumter Landing boardwalk Sumter Landing boardwalk - Page 2 - Talk of The Villages Florida

Sumter Landing boardwalk

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  #16  
Unread Yesterday, 10:14 AM
Happydaz Happydaz is offline
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Originally Posted by Bill14564 View Post
PWAC will be explained in that class.
PWAC is also explained on its page under districtgov.org

Basically, there is a benefit in pooling money for maintenance of common areas. PWAC was created to pool funds from Districts south of 466 to maintain their common areas. New Districts through 13 were added to the PWAC.

Being part of the PWAC does not relinquish ownership of the property or facilities within the CDD. BCDD owns the land that the Brownwood square sits on; BCDD owns the square. Some of my D10 maintenance funds were put into the pool (PWF) that paid for the repair of the windmill and water tower but that doesn't give me or D10 any ownership over the square the windmilll sits on. Likewise, the BCDD contributes maintenance funds to the PWF which are used to pay for the flowers in the circles on Buena Vista at Hillsborough and Hendry but in no way does that convey any ownership of that land to the BCDD.

We Villagers along with the BCDD and SLCDD provide maintenance fees to the PWF to pay for maintenance of common areas and features but that doesn't mean we Villagers can lay claim to anything not an amenity that is outside the District we live in.
Thank you for this excellent explanation. I understand it better now. PWF paying for common areas makes sense. We all like to see these common areas maintained so that the Villages continues to be a beautiful place!
  #17  
Unread Yesterday, 02:44 PM
BrianL99 BrianL99 is offline
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When speaking of "who owns the Squares", it's important to distinguish, exactly what part of the "Squares" one is speaking of.

The roads are owned by the county.

The buildings are owned by the developer.

Some of the surrounds, are CDD owned.

The "music area" is leased. (I believe it's owned by the County?)
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  #18  
Unread Yesterday, 02:48 PM
Bill14564 Bill14564 is online now
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Originally Posted by BrianL99 View Post
When speaking of "who owns the Squares", it's important to distinguish, exactly what part of the "Squares" one is speaking of.

The roads are owned by the county.

The buildings are owned by the developer.

Some of the surrounds, are CDD owned.

The "music area" is leased. (I believe it's owned by the County?)
The County believes the CDD owns the music areas of Brownwood and Sumter (didn't look at Springs).
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  #19  
Unread Yesterday, 05:26 PM
Rango Rango is offline
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No one goes there anymore, it’s too crowded.
  #20  
Unread Yesterday, 08:02 PM
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One would like to think that the takeaway from this is that the CDD’s need to seriously consider the very near future replacement costs of the assets they are theoretically purchasing from the developer at an arms length transaction. The CDD’s need to consider that that their primary responsibility is representing the best interest of the residents, who’s ammenity fees are being used to replace assets only being built to last until they can be dumped on another party.
  #21  
Unread Yesterday, 09:30 PM
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Originally Posted by tophcfa View Post
One would like to think that the takeaway from this is that the CDD’s need to seriously consider the very near future replacement costs of the assets they are theoretically purchasing from the developer at an arms length transaction. The CDD’s need to consider that that their primary responsibility is representing the best interest of the residents, who’s ammenity fees are being used to replace assets only being built to last until they can be dumped on another party.
Complicated story but the CDDs are typically not in a position to do that. Fortunately, CDDs 13 and under will not be purchasing any additional assets from the Developer.
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Victor, NY - Randallstown, MD - Yakima, WA - Stevensville, MD - Village of Hillsborough
  #22  
Unread Today, 03:53 AM
VAtoFLA VAtoFLA is offline
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No one goes there anymore, it’s too crowded.
That would explain the crowds. "No one" can really take up a lot of space!
  #23  
Unread Today, 05:32 AM
Annie66 Annie66 is online now
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Okay, so the SLCDD and BCDD own the land. Who assigns or votes in the supervisors of those CDDs?
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