Quote:
Originally Posted by Bill14564
They are talking about the bond but implying it is an HOA fee. For some reason they want to insist we have an HOA.
I may get some of this not quite right:
- Infrastructure (roads) in new development areas are typically paid for by the developer with the costs rolled into the home prices
- Roads to connect to new developments and road improvements to support the additional traffic are paid for by the County with some of the cost covered by impact fees.
In the Villages, we do things differently:
- Infrastructure is still paid for by the developer but the costs are not added to the home price; instead, they are allocated to each of the homes as the bond.
- Roads to connect to new developments are sometimes paid for by the developer and then sold back to the County.
- Road improvements to support the additional traffic are paid for by the County. There is a road impact fee but a recent study found it to be inadequate. An attempt to increase the impact fee worked out poorly.
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I don’t get it that fee is used to develop every amenity you use
roads, sewers, street lights, utilities then they charge you a fee to actually use the facilities It pays for the recreation buildings, pools and executive golf courses. So call it what you like if that makes you feel better. You are STILL paying for everything.. ps most new home builders don’t add a huge fee for the roads and stuff they build it comes out of their profits..