Tuesday, August 1, 2017

West Villages: District Supervisory Board Meeting July 27, 2017

There was a great turnout at the last West Villages Improvement District Supervisory Board meeting on Thursday. A lot of residents showed up to ask questions and voice personal opinions/concerns about various items of interest for both individual communities and the greater district.

There really was too much for me to mention everything, so I have posted a video that contains recorded audio from the meeting. Please note, I was 2-3 min late, so the meeting had just begun when the recording started, but nothing of significance was missed.

The primary item of note was the refinancing of the district bonds (essentially CDD assessment). There was a great deal of concern as to how this would impact residents. Resident representative on the Board, Bob Rossman, asked the district attorney whether the terms would change, and the response was that it will not extend the length and the total amount of the payments will basically remain the same. The difference is that in those payments, the principal amount will be higher and the interest amount will be lower.






Open the video above to listen to the entire meeting.

Regards,
Ali



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Ali H. Johnston, MHA, MBA in Real Estate
Realtor®, Lic. Broker #BK3284964
West Villages Realty LLC
Office: 941-460-3179
www.WestVillagesRealty.com

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