Quote:
Originally Posted by lwmilo
Any idea why is there is a maintenance fee when the bond is paid off? What are they maintaining.? Love to hear a reply.....besides they can..
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Watch this video for an explanation of the maintenance assessment.
The Villages 6-19-19 Construction Update and Maintenance Assessment discussion. - YouTube
Bottom line is that the Bond paid for the infrastructure to be built and the maintenance assessment pays to maintain some of the infrastructure and keep the community looking nice.
__________________
Don Wiley
GoldWingNut (a motorcycle enthusiast not a gilded fastener)
A student of The Villages, its history and its future.
City of Wildwood
www.goldwingnut.com
YouTube –
YouTube.com/GoldWingnut and
YouTube.com/GoldWingnutProductions
Carpe diem quam minimum credula postero
Society is produced by our wants, and government by wickedness; the former promotes our happiness positively by uniting our affections, the latter negatively by restraining our vices. -
Thomas Paine, 1/10/1776