[RCT]

Originally Posted by Alex

Glad this topic came up again. Most do not know what they bought when they bought in the Villages. Morris is not an honest developer. Do your research before you buy.

If YOU did your research, you'd know that the name is Morse, not Morris. Seems you're just another person on here that likes to slander without facts. Maybe you should get a job writing for the Orlando paper??? You think if they weren't basically honest developers, they would have been able to build 40,000 homes so far?? Get a grip, man.

[Muncle]

Originally Posted by Alex

Glad this topic came up again. Most do not know what they bought when they bought in the Villages. Morris is not an honest developer. Do your research before you buy.

Do you have any basis in fact for your spurious allegations? Not you buddy's opinion, facts.

[OutsiderWithInterest]

.

[iaudit]

Originally Posted by Russ_Boston

Hmmmm - $18,000 times 50,000 households = 900 MILLION dollars to pay off a 28 million dollar debt? This must be real new math!

This topic has been hashed and rehashed many times here on TOTV.

Russ

According to Ms. Ritchie's article, the central district has about $700 million dollars in bonds for all the facilities that they have purchased to date. The audit only addressed one of the many bond issues. She is assuming that if the audit prevails on the one issue, all of the issues will be affected. She also assumes about 39,000 households to arrive at the $18,000.

[Russ_Boston]

Ok then if it happens I'll just have to figure another 18K into my budget.

Not a deal breaker (about $115 per month if financing).

But do you really think that even if the IRS rules against Morse that residents are going to foot the entire bill?

I like the POA's position - not enough info at this time to worry about it.