Re: village of hadley bod
Not sure how you get 2000 a year. At 6.5% (I don't know what the current rate is) for 30 years it would be short of $800. a year.
The bond is the infrastructure costs for the particular area, ie roads, sewer lines, electric lines, etc. As labor & material costs increase over the years the bonds are getting larger. I looked at new patio villas where the bond is $16000. Patio villas built several years ago had bonds 1/2 that.
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