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CDD 22-0659HILLSBOROUGH COUNTY · LOCALSession 2022local legislationUNKNOWN

Local Impact

Approval of Balm Grove Community Development District Expansion

Original title: CDD 22-0659: Balm Grove CDD Expansion Petition Approved

Record date · July 28, 2022

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What This Bill Does

The local government has approved a petition to expand the Balm Grove . This expansion involves infrastructure development costs totaling over $47 million, with a portion to be financed through long-term bonds.

Why it matters

The expansion of the Balm Grove CDD authorizes the district to manage infrastructure development for the area, with approximately $21.5 million of the $47.6 million in project costs to be funded 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

Balm Grove Community Development District

The district's geographic boundaries are expanded, and it is authorized to oversee the specified 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

What is a Community Development District (CDD)?

A CDD is a special-purpose government unit created to finance and manage infrastructure and community development services for a specific area.

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 $47,610,941, with about 45% ($21,496,483) expected to be funded by long-term CDD bonds.

What else do you want to know?

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Full breakdown

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

Connected Entities

$47,610,941, Balm Grove, $21,496,483 and 3 more

dollar amount$47,610,941“Total budgeted amount for CDD development”Map →

locationBalm Grove“The location of the CDD”Map →

dollar amount$21,496,483“Estimated amount funded by CDD bonds”Map →

locationCounty“The County is not directly impacted”Map →

OrganizationCDD“The Community Development District”Map →

OrganizationBalm Grove Community Development District“The CDD being expanded”Map →

Sources

Open source document

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Analysis Score

0–100

Significance65
How much this matters to a regular citizen
Controversy20
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz15
Current news / social attention level

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