Talk of The Villages Florida - View Single Post - When bonds dry up, who pays infrastructure?
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Old 08-17-2012, 11:40 AM
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Quote:
Originally Posted by WVMtnBoy View Post
It seems to me that I've recently read something regarding this topic and the source explained that the CCD form of government provides for continuing upkeep of the infrastructure even when the developer has fulfilled his/her responsibilities. In other words, it provides continuing funding for TV. At least, that's the gist of what I recall.
That is true. YOUR CCD will determine how much will be required for the upkeep of your CCD and will collect that in the maintenance assessment fee on the annual tax bill.
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