The Real Estate Encyclopedia
What is a CDD...
Category - Real Estate Information Sources - Real Estate Information General
Many of the finest golfing communities in Naples and Collier County have a specialized local government associated with them. This government is a Community Development District (CDD) and is used as a different way to finance, as well as manage, their specific community. Such wonderful and challenging golf course developments include Tiburon ( which also has a connection to the Ritz-Carlton Golf Resort ), Pelican Marsh, Fiddler’s Creek, Lely Resort, Mediterra, Cedar Hammock, and Naples Heritage. Florida statutes established this authority to be able to assist developers to build the needed infrastructure required by local city and county governments. The CDD has the ability to impose taxes as well as assessments on each property in the development to pay for construction costs needed for the community ...http://chrisanddick.wordpress.com



 
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Real Estate Information Sources - Real Estate Information General
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