Talk of The Villages Florida - View Single Post - New Bond Assessments
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Old 01-07-2025, 12:24 PM
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Quote:
Originally Posted by cherylncliff View Post
We bought new in Buttonwood in 2010 and bond was about $36,000 as I recall. Given that the developer negotiated that the local taxes would pay for roads and such it's surprising the bond is so much higher.
Quote:
Originally Posted by Normal View Post
Sumter County does pay for infrastructure in the Villages. They cut a check for 50 million last year for new development just south of the turnpike to the developer.
The bond pays for the construction of the roads in the Villages, local taxes pay for care and maintenance of the roads. Villa roads are a special case, the CDD pays for maintenance of those.

Sumter County does not pay for infrastructure in the Villages. The payment you are referencing (not sure if your number is correct) was for improvements to existing County roads. In some areas the County would use their road crews to make the improvements but here they contract it out. In this case a company of the Villages performed the work.
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