I appreciate the useful info posted. Using a bond to finance infrastructure is better that burying the cost into the home value as it's done in other jurisdictions.
Out here in Oregon, those system development costs are hidden in the selling price of a home, and stay with the home forever. New starter homes here in the Portland Metro area start at $400K, with yards that make TV yards seem big.
For my new home purchased in Marsh Bend, the bond was quite clear, and the amortization easy to understand. The interest rate on the bond seems fair, too. Nice to have the option to pay it off at any time.
Last edited by M2inOR; 11-03-2019 at 07:24 PM.
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