I have a couple of thoughts and questions.
1. Under the current bond system does the developer mark up the cost of the infrastructure before it is becomes a bond or is the bond strictly the cost of the infrastructure without being marked up?
2. If the answer to the above question is that only the cost of the infrastructure is passed on as the bond. Then in the Lake County Fruitland Park area of The Villages where the developer is doing the infrastructure through his subcontractors then as a normal business practice the developer will mark-up the infrastructure the same as he would mark up any other construction in the development.
If #2 is correct then the current bond system as we know it may be a better deal.
I don't know the answer to #1 but perhaps someone else may.
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Anderson Indiana---Indianapolis Indiana--- Village of Poinciana Full Time
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