
If you are new to this part of the forum, and want to get a general idea of what a subdivision bonds does, take a look at Coal City moving to collect on surety bond Kennedy Land posted - Developer pulls out of project.
Gold Strike residents blast county, planner
The writer's use of the the expression, "cough up the cash" lends a certain authenticity to those familiar with the surety bond claims process.
This sheds some light on public/private demarcation from the viewpoint of the municipality.
Eagle Point project on hold
How about today?
"We have not had problems in the past; however, there seems to be more of a concern that this might be happening more frequently," she said.
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