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CDD 20-0845HILLSBOROUGH COUNTY · LOCALSession 2021local legislationUNKNOWN
Local Impact

Proposal to Create South Creek Community Development District

Original title: CDD 20-0845: Petition to Establish South Creek CDD

January 15, 2021

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The Frame

What this does

The establishment of this district creates a legal entity to finance and maintain common area infrastructure for the South Creek development, with $5.66 million of the project costs expected to be covered by CDD bonds.

Who is mentioned in the record

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

South Creek property owners

Property owners within the district will be subject to the governance and potential assessments associated with the CDD.

County government

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

What changed

Last recorded activity January 15, 2021.

What's next

Next step not available in the current record.

Summary

This ordinance proposes the establishment of the South Creek to manage local infrastructure. The project involves approximately $17.6 million in total development costs, with a portion 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

What is a Community Development District (CDD)?
A CDD is a special-purpose government unit created to finance and manage infrastructure for a specific community.
Will this cost the county taxpayers money?
The document states there is no direct financial impact to the County as a result of this petition.
How will the infrastructure be paid for?
The infrastructure is estimated to cost $17.6 million, with $5.66 million of that amount funded by long-term CDD bonds.

Why It Matters

The establishment of this district creates a legal entity to finance and maintain common area infrastructure for the South Creek development, with $5.66 million of the project costs expected to be covered by 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

Infrastructure Funding Split

The project relies on a mix of funding, with roughly one-third of the $17.6 million infrastructure cost being covered by long-term debt (bonds).

Connected Entities

organizationCODCommon Area Infrastructure DevelopmentMap →
dollar_amount$5,663,828Estimated amount from CDD bondsMap →
dollar_amount$17,600,000Total budgeted amount for infrastructure developmentMap →
locationCountyThe governing body impacted by the petitionMap →
organizationSouth Creek Community Development DistrictThe subject of the petitionMap →

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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