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PJUCTH
08-13-2013, 07:51 PM
Guess I've had my head in the sand. did everyone get your new bond assessment proposal. I must have had a lousy lawyer read my contract. (Mclinn & the bunch). I was firmly told that the bond was The Bond and would not change. But that was many years ago barf :bowdown:

PJUCTH
08-13-2013, 08:36 PM
Really? Am I the only one!

keithgerri
08-13-2013, 08:43 PM
Guess it does not apply to me because we paid the bond off. Why pay 7% interest to whoever holds the bonds. Our bond was 1700+ a year and after ten years you would of paid 17,000+ and you still owe 14,000.

e-flyer
08-13-2013, 08:47 PM
I didn't get anything in the mail.

villages07
08-13-2013, 08:51 PM
PJ.... what number district or village do you live in?

Bonds for CDD 4 were refinanced last year and some parts of CDD 5&6 were refinanced this year. Refinanced to a lower rate which will benefit folks who still have a bond balance in the affected areas by lowering their annual bond assessment.

Without any further details, I am assuming this to be the topic of the correspondence you received.

I did not get such a letter...just speculating.

The above pertains to the annual bond assessment .... not to be confused with the annual CDD maintenance assessment...which we all pay and which can change year to year as budgets and expenses change.

dgammon6
08-13-2013, 08:54 PM
The Bond information in the mail today was the annual Maintenance bond. It can increase as cost of maintenance goes up or down. The other, infrastructure bond, won't change.

PJUCTH
08-14-2013, 05:06 AM
Mine was up $25 ! On the other hand ,we never saw any decrease in the other.
Beware fixed incomers

graciegirl
08-14-2013, 05:10 AM
Mine was up $25 ! On the other hand ,we never saw any decrease in the other.
Beware fixed incomers

Please read it again.

skip0358
08-14-2013, 05:48 AM
That is NOT the same bond as the one that's on your house. It's the maintenance bond that's paid annually and attached to the tax bill for the upkeep of this beautiful place we live in. Just like the fee for the Fire Dept. that's on your tax bill. The maintenance bond is based on your districts annual maintenance fee divided by the number of residences in your district. This is also posted in the legal section of the Daily Sun. There's a meeting coming up for each district which is what the letter also explained.

gomoho
08-14-2013, 05:49 AM
I live in Hadley and received the letter - the increase as someone said is for the annual maintenance fee we pay. I understand there is also an assessment coming to do with the fire department.