Creating residual royalties.

[Ryan Watson]

I have an interesting subject to share, not sure how common it is but I like it. I had an old timer tell me in his exact words (im 25) that you cant take a **** in xxtown without paying the "rich family name". From what im told back in the day the town did not have the funds for underground water infrastructure, in this case, sewers. The town is now thriving and hasnt been annexed into the capital city although by looking at the population, it looks like it should all blend in. In the end to this day the city still gives these people the check that put the main sewers in years ago.

Citezens energy has release forms for property owners, instillation contractors, and developers to sign off on ownership of the underground infrastructure to the utility company to effectivly eliminate royalties like mentioned above and also to eliminate contractors from filing property liens due to unpaid installation expences.

This discovery leads me to believe the utility is trying to protect their monopoly. So even though if liabilities, operations, and maintinance would be on someone else, i think that the utility would have to pay you good money but they want to hide this. Especially if they want to find ways for penalties if you dont sign off on your infrastructure.

I wonder how effective this would be on a completed subdivision. After all the lots are sold, youve made your money of course, now however you still make money off everyone on infrastructure thats in the public right of way. Pretty much having your cake and eating it too for decades to come.

Whats your take on this picture?