Talk of The Villages Florida - View Single Post - Why are the taxpayers, and not the developer, paying for the expansion of the village
Thread: Why are the taxpayers, and not the developer, paying for the expansion of the village
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Old 10-03-2019, 05:54 PM
PrudentLifer PrudentLifer is offline
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Quote:
Originally Posted by dewilson58 View Post
The county.


Added:
What is the Bond Debt Assessment for?

The bond debt assessment reflects each lot’s proportionate share of the cost of building the infrastructure within its District or for which its District has responsibility. It is the most equitable method of distributing costs between the properties that benefit from the infrastructure. Infrastructure includes storm water systems, underground pump stations, water retention areas, curbs, gutters, streetlights, transportation trails, underground piping, etc.


I understood Morse built the Morse & BV extensions then turned them over to the county for maintenance. A win-win. I don't think I'm wrong.