Agendas, Recaps, & Minutes

File #: CDD 23-0620   
Type: Public Hearing-Land Use Status: Passed
In control: BOCC Land Use
On agenda: 12/12/2023 Final action: 12/12/2023
Title: CDD 23-0620 Petition to Establish Berry Bay II Community Development District (CDD) Establish the Berry Bay II Community Development District (CDD) in accordance with the attached ordinance. No direct financial impact to the County will occur as a result of this petition. Of the approximate $120, 375,000 in total development costs, of which $112,350,000 is budgeted for CDD-qualified (eligible for CDD funding) common area infrastructure development costs ("common costs"), it is estimated that $23,768,574 (or 19.74% of total development costs and 21.2% of common costs) will be funded with long-term CDD bond proceeds.
Attachments: 1. 23-0620 Berry Bay II CDD Agenda Item

title

CDD 23-0620 Petition to Establish Berry Bay II Community Development District (CDD)

Establish the Berry Bay II Community Development District (CDD) in accordance with the attached ordinance.

No direct financial impact to the County will occur as a result of this petition.

Of the approximate $120, 375,000 in total development costs, of which $112,350,000 is budgeted for

CDD-qualified (eligible for CDD funding) common area infrastructure development costs (“common costs”),

it is estimated that $23,768,574 (or 19.74% of total development costs and 21.2% of common costs)

will be funded with long-term CDD bond proceeds.