Quote:
Originally Posted by DownhomeDenver
haha, I was just basing my comment off of this:
haha i apologize for my miscommunication..haha. — it. haha 
Thanks for the info bunt.  |
You guys have a lot to learn.
Actually, a metro district can have a finite lifespan. I prefer not to reveal the metro district I am in, but it is called "
[insert metro district subdivision name here] Metro District". It was created by the developer of the subdivision I live in to subsidize the infrastructure costs and had a 20-year expiration date. What it is, is the residents in my subdivision are subsidizing the costs of the initial development expenses for utilities, roads, parks, etc. within the subdivision - which is in an unincorporated area. I'm not sure just how common this is, but I suspect many newer subdivisions have these to some degree, or so I have heard.
At the time I purchased my home, I didn't know much about it or what I was getting into. It probably wouldn't have dissuaded me from purchasing my home, but it was an unexpected and rather pricey expense.
I'll give you the benefit of the doubt as these aren't exactly common, but before you try and take a jab, you might want to ask and be educated about it.
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