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Local Impact

Petition to Expand Simmons Village North CDD Approved

Original title: CDD 22-0992: Petition to Expand Simmons Village North CDD Approved

Record date · September 14, 2022

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What This Bill Does

The County approved an expansion of the Simmons North based on a submitted petition. The expansion will cover common area infrastructure development costs. Approximately $8,338,956 of the $30,650,000 budgeted will be funded through CDD bonds.

Why it matters

This expansion could impact property values and development in the Simmons Village North area.

Who It Affects

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

Indirectly affected

Residents of Simmons Village North

Residents will benefit from infrastructure improvements.

Indirectly affected

County Government

The County is involved in the approval process but does not directly fund the expansion.

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 CDD?
A is a special-purpose government created to finance and manage infrastructure improvements for a specific geographic area.
How will the expansion affect property taxes?
The document states that there will be no direct financial impact to the County as a result of this petition.
What kind of infrastructure improvements are planned?
The expansion covers common area infrastructure development costs.
Where is Simmons Village North located?
Simmons Village North is located in the area referenced in the petition.

What else do you want to know?

News Coverage

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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

County, $8,338,956, Simmons Village North Community Development District and 3 more
OrganizationCounty“County”Map →
dollar amount$8,338,956“Development costs”Map →
locationSimmons North“Area”Map →
dollar amount$30,650,000“Budgeted amount”Map →
other27%“Percentage”Map →

Sources

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