Hernando County, FL Banner Image
File #: 14005   
Type: Correspondence to Note Status: Agenda Ready
File created: 5/1/2024 In control: Board of County Commissioners
On agenda: 5/28/2024 Final action:
Enactment date: Enactment #:
Title: Notice of Receipt of Limited Offering Memorandum for Special Revenue Bond Anticipation Note, Series 2024 From Cabot Citrus Farms Community Development District
Attachments: 1. Fiscal Impact Analysis - Cabot Citrus Farms, 2. 2024-04-29 Notice of Ltd. Offering
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Notice of Receipt of Limited Offering Memorandum for Special Revenue Bond Anticipation Note, Series 2024 From Cabot Citrus Farms Community Development District

 

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BRIEF OVERVIEW

Hernando County enacted an ordinance establishing the Cabot Citrus Farms Community Development District (“District”) as a special unit of local government to design, finance, construct, own, and operate public infrastructure needed to support the development of the Cabot Citrus Farms community in Hernando County.

 

Hernando County entered into an Interlocal Agreement with the District.  Pursuant to Section 4.01(B) of that Interlocal Agreement, the District is required to provide Hernando County with a report related to the bonds in that Interlocal Agreement.

 

A copy of the report and other required documentation has been provided to Hernando County.

 

FINANCIAL IMPACT

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LEGAL NOTE

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RECOMMENDATION

For informational purposes only; no action is required.