Quote:
Originally Posted by Sanbo
My husband and I have an option on a lot in Sanibel. Someone told a friend of mine that even after the bond is paid on a home, there would be an annual fee of approximately $700.00 yearly. This is a surprise to me. Does anyone out there know if this is true?
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From Nuts & Bolts Thread by Zcaveman.
"The bond pays for the infrastructure. You will be assessed an annual charge on your tax bill for the ongoing maintenance in your CDD (mowing, plants, cleanup, etc). This amount is determined annually by your CDD. It varies by CDD"