Quote:
Originally Posted by Dr Winston O Boogie jr
If I'm not mistaken that has to do with the bylaws or ordinances of the town of Lady lake or lake County.
One or the other also prohibits bonds on new homes as well.
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The reason the historic side has no bond is simple. It was established before "The Villages" was established under a CDD type government. The bonds are issued by the developer to pay for infrastructure up front. Next you will ask about why new homes going up on the historic side don't have a bond. Answer - the infrastructure is already there.