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
Sumter County Oak Forest Traffic Analysis
Sumter County Board of County Commissioners May 27, 2008 Agenda
Capital Improvement Plan - Fiscal Years 2011/12 - 2015/16
The Village Community Development District No. 3 was established pursuant to the provisions of Florida Statutes Chapter 190 on May 18, 1998. The lands that are encompassed by the District are located in Sumter County and consist of approximately 894.3 acres. In order for the District to provide the infrastructure services described above, in July 1998 and October 2002, the District issued its Capital Improvement Revenue Bonds. The proceeds of these bonds are used to construct the improvements within the District, which consist of roadway improvements, landscaping, open areas, streetlights, master drainage system, a water/waste water distribution and collection system, transportation paths and sidewalks. The bonds are supported by special assessments that are levied upon the benefitted properties. The assessment pays for project wide improvements such as roads, drainage systems and structures, 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, on going 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 otherwise normally provide. Since District No. 3 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, control should begin a process of transition to the residents. Therefore, at the election in 2000, three Supervisors of the five were elected by landowner vote (one vote per lot owned and one vote per acre owned). The same process occurred in 2002. In 2004 one supervisor was elected by landowners and two supervisors were elected by "qualified electors" (registered voters) residing in CDD No. 3. From that point forward, all elections will be qualified based elections. This election conversion format ensures that the residents ultimately control the level of service provided to the infrastructure facilities that the District maintains.