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Old 04-06-2019, 07:02 PM
retiredguy123 retiredguy123 is online now
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The bond is an amortized loan payoff for the intial construction of the infrastructure, including roads, untilities, etc. The maintenance fee is the shared cost for the annual maintenance, repairs, etc. of that infrastructure, and it can vary from year to year depending on the cost to maintain the infrastructure. The residents do not really have much control over the annual maintenance charge.