Talk of The Villages Florida - View Single Post - CDD Maintenance Fee versus Bond Fee
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Old 04-06-2019, 07:02 PM
retiredguy123 retiredguy123 is offline
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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.