Agendas, Recaps, & Minutes

File #: CDD 22-0659   
Type: Public Hearing-Land Use Status: Passed
In control: BOCC Land Use
On agenda: 7/26/2022 Final action: 7/26/2022
Title: CDD 22-0659 PETITION TO EXPAND THE BALM GROVE COMMUNITY DEVELOPMENT DISTRICT (CDD) Approve expansion of the Balm Grove 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 total of $47,610,941 budgeted for CDD-qualified common area infrastructure development costs ("common costs"), it is estimated that $21,496,483 (or about 45%) of total development costs will be funded with long-term CDD bond proceeds.
Attachments: 1. CDD-22-0659 Balm Grove CDD Agenda Item.AG

title

CDD 22-0659  PETITION TO EXPAND THE BALM GROVE COMMUNITY DEVELOPMENT

DISTRICT (CDD)

Approve expansion of the Balm Grove 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 total of $47,610,941 budgeted for CDD-qualified common area infrastructure development costs

(“common costs”), it is estimated that $21,496,483 (or about 45%) of total development costs

will be funded with long-term CDD bond proceeds.