Bond Name: 2008 MMBB Bond Principal
Departments: Sewer
Retirement Date: 2028
See full repayment schedule here.
Bond Name: 2013 MMBB Refinance Bond
Purpose: Consolidation of NVC debt into a single bond with a better interest rate.
Departments: General (15%), Sewer (30%) and Water (55%)
Retirement date: 2033
Yearly Payment: Varies – total due in 2026 is $50,279.69. See full repayment schedule here.
Bond Name: 2015 BHBT Bond
Departments: General
Retirement Date: Paid off in November 2025
Yearly Payment: $22,064.56
Bond Name: 2021B MMBB Bond
Purpose: Fund the repair / replacement of the seawalls extending from the boat ramp to the far side of the yacht club which protect the shoreline, causeway and sewer treatment building and related site work. (Annual Meeting 2019).
Departments: General
Retirement Date: 2049
Yearly Payment: $83,034.76 See full repayment schedule here.