Series 2016 Bonds

On August 29, 2016, the District issued $24,120,000 of Capital Improvement Revenue and Refunding Bonds Series 2016A-1 and $4,305,000 of Capital Improvement Revenue and Refunding Bonds, Series 2016A-2 (collectively referred to as the “Series 2016 Bonds”). The Series 2016 Bonds consist of multiple term Bonds with maturity dates ranging from May 1, 2017 - May 1, 2046 and interest rates ranging from 2% - 4.75%. Interest is to be paid semiannually on each May 1 and November 1. Principal on the Bonds is to be paid serially, commencing May 1, 2017. The Bonds were issued to refund a portion of the District’s Capital Improvement Revenue Bonds Series 2005, acquire certain assessable infrastructure and improvements (the “2016 Project”), and pay certain costs associated with the issuance of the Bonds.

 

The outstanding balances for Concord Station for the Series 2016 Bonds as of today through September 1, 2026 are estimated to be:

40’ Lot                 $10,622.88

50’ Lot                 $11,933.54

65’ Lot                 $12,896.62

 

You can find the complete official bond document Municipal Securities Rulemaking Board::EMMA

You can find a copy of the audit that discusses the bond on page 23 in the audit of the District  - 2024 concord station community development district.pdf    The bond is listed as a long term liability

Should you want a legal estoppel to pay off the bond debt associated with your property type, then please send an email to Patricia@havenmgtsol.com. You will be requested to also submit a payment in the amount of $150 for a legal estoppel.

For any additional questions please reach out to Patricia@havenmgtsol.com .