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CDD 22-0660HILLSBOROUGH COUNTY · LOCALSession 2022local legislationUNKNOWN
Local Impact

Expansion of Belmond Reserve Community Development District

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

July 28, 2022

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The Frame

What this does

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 is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Belmond Reserve Community Development District

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

What changed

Last recorded activity July 28, 2022.

What's next

Next step not available in the current record.

Summary

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.

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 .

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.

News Coverage

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

Discoveries

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

organizationBelmond Reserve Community Development DistrictThe CDD being expandedMap →
dollar_amount$9,421,814Amount allocated for common area infrastructureMap →
dollar_amount$15,065,098Total budgeted amount for CDD developmentMap →
organizationCountyThe County overseeing the CDDMap →

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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