Why Choose a CDD Community?

1/23/2019

Through a Community Development District or CDD, Waterlefe offers its residents a broad range of community related services and infrastructure to help ensure the highest quality of life possible. CDD responsibilities within Waterlefe include storm water management, potable and irrigation water supply, sewer and wastewater management, security services, roads, bridges and street lights, landscaping, park, and some recreational facilities.
 
How CDDs Operate
The Waterlefe CDD is governed by its Board of Supervisors, consisting of community residents. Like all municipal, county, state and national elections, the Office of the Supervisor of Elections oversees the vote, and CDD Supervisors are subject to state ethics and financial disclosure laws.
 
The District’s business is conducted in the “Sunshine” meaning all meetings and records are open to the Public.  Public hearings are held on District budget and assessments, and the District’s finances are subject to an annual, independent audit.
 
In Waterlefe, the CDD complements the responsibilities of the Master Property Owners’ Association (MPOA). Many of the maintenance functions handled by the MPOA in other communities are handled by our CDD. The MPOA maintains other responsibilities such as operating amenities and ensuring deed restrictions and other quality standards of the community are enforced.
 
Benefits to Residents
Residents within a community with a CDD may expect to receive three major classes of benefits. First, the CDD provides homeowners consistently high levels of public facilities and services managed and financed through self-imposed fees and assessments.  Second, the District ensures that these community development facilities and services are completed concurrently with other parts of the community development.  Third, the District homeowners make up the Board of Supervisors, which then determines the type, quality and expense of the District facilities and services.
 
As an additional benefit, residents within a CDD can feel comfortable because a CDD is subject to the same laws and regulations that apply to other government entities.  For example, all contracts for goods and services, such as annually-negotiated maintenance contracts, are subject to public, advertised bidding.
 
Residents and property owners in a CDD set the standards of quality, which then are managed by the CDD. The CDD provides perpetual maintenance of community infrastructure and landscaping, including environmental conservation areas.  This consistent and quality-controlled method of management helps protect the long-term property values in a community.
 
The Cost of a CDD
The cost to operate a CDD is borne by those who benefit from its services – the Waterlefe homeowners. Annually, homeowners are subject to a non-ad valorem assessment as part of their annual property tax bill from the county tax collector.  Costs and services vary depending upon the annual budget adopted by the CDD Board of Supervisors. As the Board is made up of residents, it is their goal to provide the best services possible for a reasonable amount of cost.
 
Lasting Value
Our CDD assists Waterlefe in offering the most desirable elements of a master-planned community. Residents enjoy high-quality roadways, beautiful landscaping, and many other services with the comfort and assurance of knowing the standards of the community will be maintained by the CDD for years to come.

 
Click here to access the Waterlefe CDD website for further information.