3 ms·
The author is saying the road has a life of 30 years and will need to be replaced in 30 years, since the repayment of the bond will take 35 years they will hav
by syshum 6y ago
The author is saying the road has a life of 30 years and will need to be replaced in 30 years, since the repayment of the bond will take 35 years they will have to do another bond to replace the road again, and still be paying 5 more years on the road that was replaced
> levy a one time charge against the individual properties
that is not how public infrastructure works, or should work
We pay property taxes and estiblish a government so the government assumes those costs and liabilities not the property owners
There are many communities that operate like the way you suggest, they are PRIVATE roads, not public roads.
The trade off for the property owner is they can not disallow members of the public access to that road, the property owner gives up this control because they no longer own, control or have any liability over the road however if you are going to place a lien on my property for the cost of the road then I better have more ownership interest and control over it