District Board Meetings are held at 1894 Laurel Manor Drive, The Villages. Audio recordings of Board meetings, workshops or public hearings are available for purchase per Florida Statute 119.07 through the District Clerk for $1.00 per CD requested. Residents may also arrange to listen to audio recordings at the District office. Please call 352-751-6700 for requests or information.
FY12-13 Adopted Budget
Capital Improvement Plan - Fiscal Years 2011/12 - 2015/16
The Village Community Development District No.2 was established pursuant to the provisions of Florida Statutes Chapter 190 on May 20, 1996. The lands that are encompassed by the District are located in Sumter County and consist of approximately 989.6 acres. In order for the District to provide the infrastructure services described above, in July 1996 and February 1998 the District issued its Capital Improvement Revenue Bonds. The proceeds of these bonds are used to construct the first phase of improvements within the District which consist of roadway improvements, landscaping, open areas, streetlights, the master drainage system and, transportation paths and sidewalks. The bonds are supported by special assessments that are levied upon the benefited properties. The assessment applies to each residential lot, which represents project wide improvements such as roads, drainage systems, transportation paths, curb and gutter, sidewalks and streetlights on a project wide basis. The allocation of these costs was done pursuant to an assessment methodology that was prepared by Fishkind & Associates, a well-respected financial advisory firm. In addition to the project wide infrastructure assessment, there is an annual maintenance assessment that provides for services, ongoing maintenance and administration of the district facilities. The project wide improvements and the maintenance of those improvements are what impact fees and municipal taxes would normally provide. Since District No. 2 is not located within a municipality, these facilities are being provided by the District’s special assessments, which remain with each lot. Each homeowner may prepay the district wide infrastructure (Bond Debt) special assessment against his property at any time. However, the maintenance assessment is on going and determined at the annual budget hearings by your Board of Supervisors.
Now that you are generally familiar with the District concept, let's describe the election process and the Board of Supervisors who oversee the activities of the District. Initially, the Board of Supervisors, consisting of five, are elected based upon land ownership. The legislature, in creating Chapter 190, recognized that in order to maintain continuity of the facilities provided to the newly developing community, that the developer, who then owns the majority of the land should be granted the right to substantially complete the project as envisioned by the various land use and zoning approvals that were obtained as part of the development review process. However, the legislature also recognized that at the time prescribed by statute begin a process of transition to the residents. Since 2004, all five supervisors in District No. 2 have been elected by "qualified electors" (registered voters) residing in the District. They are elected on a non-partisan basis on the general election ballot.