CDD Bond Refinancing (Advanced Refunding)

Thank You for participating in the CDD Bond Refinancing Poll.
The current 2002 CDD bonds are under consideration for advanced refunding (refinancing).The proposed savings are estimated at $826,000.How do you feel those savings should be used?
Current Results as of 7-22-07 10:00pm:
42=Apply the Savings to Lower the CDD Assessments
19=Use the Savings to Fund Capital Projects/Improvements within Waterstone

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11 comments:

Anonymous said...

Our CDDs are not currently being used effectively, so why use the savings to fund any potential future capital projects/improvements?

Anonymous said...

Depends on how much per home we are going to save. Improvements to our community can only make it more of a hotspot down here in the Stead. Demand gets higher, community looks better, prices go up taxes go down. Most importantly crime rate goes down

Anonymous said...

The community looks like it needs alot of improvement. If the money is there then ok.

Anonymous said...

I have already accepted the fact that I pay into a CDD. Lowering it probably will be a minimal savings at best. Put the money towards something positive and improve our quality of life. Use it to make this the best community in Homestead. I want to be able to walk away from this house one day and say it was a good move that gave us a good return. I have observed over the past three years on blogs, meetings, e-mails, the continued complaints about this community, and have not seen many substantial ideas or recommendations to make this a great place to live

Anonymous said...

I already contribute an extra 30.00 to a pool and clubhouse that does not exist. So why invest in other non existent projects. Maybe we can use the 826,000 to build a non existent park for all the families with children.

Anonymous said...

How about we put a little money into phase II of Waterstone which is NOT EVEN CONNECTED to Waterstone? We don't even have an entrance displaying that we ARE Waterstone!(entrance is next to Groves at Waterstone on 137th ave., which does not have a CDD tax, but does have an entrance)We pay the CDD tax, like everyone else, yet have not seen ANY cosmetic benefits from it. Minimal landscape..No pretty drive-in lush, ALIVE landscape and flowers leading to our subdivisions. If WE want to utilize the clubhouse/facilities, we can't walk there or even walk over a bridge to get there...we have to DRIVE there. (This didn't show up on the community plans we were given when we bought pre-construction!) What is OUR CDD tax money going towards? Why aren't we benefitting from being part of the "Beautiful" Waterstone community? Our section doesn't look ANYTHING like the "main" Waterstone.Why aren't we benefitting from the hundreds of thousands of dollars that we have contributed collectively from our Phase II "Waterstone" section? Is our money going exclusively to the "main" Waterstone beautification and improvements? I don't get it.

Anonymous said...

Due to the fact, that all the CDD meetings, are conducted during the day is very easy, for the CDD Board to act without people knowledge.
Did you know, that the developers, publish the date and times of the meetings in a newspaper, out of town. That brought a lot of complaints from some members of the existing Board.
Guess what, where are the present meetings publish???. New Board, same old stories.
To the person that post, about the $826000, what $826000???. No longer $826000, on the bank. Money has been spent. Did anybody said "clay pavers". Do yourself a favor, call the management company, and ask for the last four years of financials, I will, are Public Records, somebody suggested to me at the town meeting. By the way, all the money belong to the homeowners, I called the developers, and they never were subject to special assesments. They paid, the CDD assesment, like any other homeowner.

Anonymous said...

I'm for either lowering the CDD tax or at the very least maintaining it, but when it comes to raising it, I'm barely keeping my head above water as it is, I reall can't afford to pay anymore, taxes, insurance, gas, etc.

Anonymous said...

LOWER THE CDD WHENEVER POSSIBLE PLEASE.

ALOT OF US ARE BARELY HANGING ON AS IT IS.

CAN'T YOU SEE ALL OF THE FOR SALE SINGS IN THE NEIGHBORHOODS?

If the CDD keeps going up because we spend any savings on "improvements," this place is going to become a ghost town.

Anonymous said...

I see no reason to rush improvements. There is a LONG list of things people want done, and I understand they all take money. But it doesn't have to be done in 1 month, or even 1 year. It was mentioned that we pay twice a month $400 a cut to have a big field of grass cut. WHY? I find it hard to believe that a cheaper place can't be found. It may only save pennies per household, but we're all already stretched pretty thin. Every penny counts. I personally am confident that if they right people looked they could find cheaper ways to spend the money and get just as nice results.

Anonymous said...

Give back to homeowners - do not make disappear into pockets or another blunder like replacing the pavers on roundabout and main entrance after only three years!!!! Have you noticed the main entrance pavers lately???? Someone made out like a bandit. Maybe we should all run for the board...