Buccaneer Bay – SID #5

What is a SID?

SID stands for Sanitary Improvement District. Nebraska state law permits a developer to form a SID to sell bonds to finance the development and maintenance of a residential subdivision. This enables the utilities and streets to be laid out and finished. The SID levies special assessments and taxes to the lot owners to pay for the work. The expenses of a SID may include operating and maintenance expenses, salaries, cost of materials, supplies for operation and maintenance, cost of ordinary repairs, replacements and alterations, cost of surety bonds and insurance, cost of audits, elections, and other fees.

SID #5

Information regarding the SID, Water System, and Board Members, can be found here.

Communications

Information regarding Major Projects and Previous Board Meeting Minutes can be found here.

Community Information

Information regarding the Golf Course, Government, Newsletter, Schools, and Utilities, can be found here.