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PROPERTY OWNERS ASSOCIATION
(POA)

In The Villages

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Key Issues In The Villages



The Villages developer has created Central governments (the VCCDD and the SLCDD) which make all of the big and important decisions in this community.

Supervisors in these Central Districts are effectively appointed by the developer and are often business associates , employees, or friends of the developer.

Residents cannot vote for these supervisors in any election , approve any of their decisions, or approve any bond indebtedness incurred to purchase common property from the developer.

Since formation of the VCCDD, it has purchased approximately $70 million of recreation property from the developer for total bond debt and related interest of over $500 million. No market-based appraisal was done. Residents were not allowed to approve this transaction but are compelled to assume the debt repayment obligation.

The monthly amenity fee was originally designed to pay for maintenance and administration. Now, the Central Districts use a significant portion of this monthly fee (about 53% in the VCCDD) to repay bond debt issued for these inflated-value purchases.

The POA thinks this is a form of " Taxation Without Representation" and residents are being disenfranchised.



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