BACKGROUND
The Parker Road Community Development District (“District”) is an independent special district, created pursuant to and existing under the provisions of Chapter 190, Florida Statutes, and established by the Board of County Commissioners of Alachua County’s approval of Ordinance No. 06-10 on May 23, 2006. The District includes within its boundaries approximately 556 acres of land.
A map of the District’s boundaries can be found here.
DISTRICT INFRASTRUCTURE AND PROPERTY
The District issued its Series 2007A Bonds (“Bonds”) to fund the construction and/or acquisition of stormwater management improvements, landscaping, utilities improvements, and roadway improvements.
DISTRICT ANNUAL BUDGETS
The District will annually approve both a Series 2007A Bonds debt service budget and an operations and maintenance “O&M” budget. The Series 2007A Bonds require level annual debt service and so the bond debt service budget will not vary substantially from year-to-year.
Copies of the adopted budgets may be found be clicking here.