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SPRINGBROOK - CFD 20-1M

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springbrook-cfd-20-1m

Term:  The Special Tax shall be levied annually in perpetuity unless terminated earlier by the County

Finances: cost associated with: (i) Street lighting maintenance, which includes energy charges, operation, maintenance, and administration of street lighting; and (ii) Park and landscaping improvements that may include, but are not limited to, turf, ground cover, shrubs, trees, plants, irrigation and drainage systems, masonry walls or other fencing within the designated boundaries of the Community Facilities District. (iii) Landscaping along Spring Street.

The Amended Notice of Special Tax: The annual levy is $1,183 per Single Family Property for Fiscal Year 2021-2022 however, commencing July 1, 2022, this amount shall be increased annually based on the percentage increase in the Consumer Price Index with a maximum annual increase of six percent (6%) and a minimum annual increase of two percent (2%). The Amended Notice of Special Tax Lien has been recorded for the above referenced project.  Recording information is as follows: 10/01/2021 Document #2021-0586003.

Tracts: 30908, 30909