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Title:
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CDD 26-0200 PETITION TO EXPAND THE WATERSET SOUTH COMMUNITY
DEVELOPMENT DISTRICT (CDD)
Approve expansion of the Waterset South 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.
The expansion is estimated to increase the construction budget by $6,153,709.10, of which $3,640,000 is
anticipated to be funded with long-term CDD bond proceeds. Of the total $124,116,617 budgeted for total
development costs, approximately $25,841,047 (or about 20.82%) of infrastructure development costs is
expected to be financed with CDD bonds.
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