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Local Impact

Expansion of Belmond Reserve Community Development District

Original title: CDD 22-0660: Petition to Expand Belmond Reserve CDD

Record date · July 28, 2022

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What This Bill Does

This ordinance approves the expansion of the Belmond Reserve . The expansion involves infrastructure development costs totaling over $15 million, with a portion to be funded through long-term bonds.

Why it matters

The expansion of the CDD authorizes the district to manage and finance infrastructure for the Belmond Reserve area, with $9.4 million of the $15 million in development costs expected to be covered by long-term bonds.

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

Belmond Reserve Community Development District

The district's boundaries are being expanded, allowing it to oversee additional infrastructure development.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

Will this expansion cost the county money?
No, the document states there is no direct financial impact to the county.
How will the infrastructure development be paid for?
The project has a total budget of $15,065,098, with an estimated $9,421,814 (63%) to be funded by long-term CDD .

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

financial connection100% confidence

Bond-Funded Infrastructure

The project relies on long-term debt for 63% of its total infrastructure costs.

Connected Entities

Belmond Reserve Community Development District, $9,421,814, $15,065,098 and 1 more
OrganizationBelmond Reserve Community Development District“The CDD being expanded”Map →
dollar amount$9,421,814“Amount allocated for common area infrastructure”Map →
dollar amount$15,065,098“Total budgeted amount for CDD development”Map →
OrganizationCounty“The County overseeing the CDD”Map →

Sources

Analysis Score

0–100
  • Significance60
    How much this matters to a regular citizen
  • Controversy20
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz10
    Current news / social attention level

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