Kissimmee-based JTD Land Company has acquired the 1,100-acre Sun Terra Lakes master-planned community for $53 million. The all-cash transaction closed July 31...
Favorable to the city and taxpayers all these new developments tax the ability of the city's infrastructure and eventually winds up with more than 1 hand in the taxpayers' pockets to accommodate them. I am sorry put presently the developers may pay approximately 15,000 per single family property impact fees that eventually cost the established tax base possibly 20 times that amount.
It is way past time for the developers to foot the bill and not the already established citizenry.
New Owners, New terms,
Favorable to the city and taxpayers all these new developments tax the ability of the city's infrastructure and eventually winds up with more than 1 hand in the taxpayers' pockets to accommodate them. I am sorry put presently the developers may pay approximately 15,000 per single family property impact fees that eventually cost the established tax base possibly 20 times that amount.
It is way past time for the developers to foot the bill and not the already established citizenry.