Talk of The Villages Florida - View Single Post - Would the 38K bond on new homes be a deal breaker?
Thread: Would the 38K bond on new homes be a deal breaker?
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Old 05-02-2020, 09:08 AM
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dewilson58 dewilson58 is offline
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Originally Posted by nikonuser1 View Post
The bond is to pay for the developers cost of infrastructure and common areas. Why is the bond so high now that the county (ie, taxpayers) is picking up the tab for the infrastructure in that 25% tax increase?

Schwartz & Morse made their first BILLION dollars from bonds > costs. The Villages is NOT a non-profit organization.
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