HILLSBOROUGH COUNTY · LOCALlocal legislationPassed

Passed

Expansion of Berry Bay Community Development District Approved

Original title: CDD 24-0559 PETITION TO EXPAND THE BERRY BAY COMMUNITY DEVELOPMENT DISTRICT (CDD) Approve expansion of the Berry Bay 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 $7, 920,000 budgeted for development costs for the expansion parcel, it is estimated that $4,355,000 (or about 54%) of development costs will be funded with long-term CDD bond proceeds.

August 13, 2024

Land Use Community Development Districts Infrastructure Financing Local Government

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The Frame

What this does

The expansion authorizes the Berry Bay CDD to manage infrastructure development for the new parcel, with approximately $4.355 million of the project costs to be financed through long-term CDD bonds.

Who is mentioned in the record

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

Berry Bay Community Development District

The district's geographic boundaries are expanded to include the new parcel.

County Government

The document states there is no direct financial impact to the County.

What changed

Last recorded activity August 13, 2024.

What's next

Next step not available in the current record.

Summary

The Board of County Commissioners has approved the expansion of the Berry Bay . This expansion involves a development project with a total estimated cost of $7.92 million.

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 increase my county taxes?

The document states that there is no direct financial impact to the County as a result of this petition.

How will the expansion be paid for?

The development costs are estimated at $7.92 million, with approximately $4.355 million (54%) expected to be funded by long-term .

Why It Matters

The expansion authorizes the Berry Bay CDD to manage infrastructure development for the new parcel, with approximately $4.355 million of the project costs to be financed through long-term CDD 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

Over half (54%) of the development costs for the expansion are explicitly tied to long-term debt financing via CDD bonds.

Berry Bay Community Development District

Connected Entities

organizationBerry Bay Community Development District Map →

organizationBOCC Land Use Map →

Sources

Open source document

webapi.legistar.com

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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