02-02-2015, 09:58 AM
the roads are so deteriorated that it is going to take a lot of money to repair what has been neglected
Where will this money come from?
Suppose the residents voluntarily create an LID and sign up for a 20-year bond with payments added to their property taxes. What is the required annual debt service, and what happens to those who can't afford it? Why would anyone who moved "way out there" for the peace and quiet want the increased traffic, noise, crime, and new neighbors?
Where will this money come from?
Suppose the residents voluntarily create an LID and sign up for a 20-year bond with payments added to their property taxes. What is the required annual debt service, and what happens to those who can't afford it? Why would anyone who moved "way out there" for the peace and quiet want the increased traffic, noise, crime, and new neighbors?