This is the housing development. There are recorded restrictions, which I have a copy of. Each time a house is built $500 is deposited into a trust account. Once fifty houses are built this money is turned over to the HOA. The developers put $25,000 in the account and this has grown to $40,000, which goes with the property. There are paved streets, city water, sewerage system (lagoon system) and electric.
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