Quote:
Originally Posted by dewilson58
Wrong, close by no cigar.
(actually, not even close)
Bonds funded: Infrastructure includes storm water systems, underground pump stations, water retention areas, curbs, gutters, streetlights, transportation trails, underground piping, etc.
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Wrong answer
In The Villages, property bonds are used to finance many of the community's amenities, including golf courses, recreation centers, and swimming pools. When a new facility is proposed, the developers of The Villages will issue a property bond to finance its construction. The bond is then sold to investors, who receive interest payments over the life of the bond.
I guess you forgot the “ect” part. This is all about infrastructure period.