News & Updates

Florida | Lakewood Ranch & Park Creek CDD

$4,905,000


LAKEWOOD RANCH COMMUNITY DEVELOPMENT DISTRICT #6
Capital Improvement Refunding Bonds, Series 2014


Date: August 25, 2014


Type of Financing:
Refunding; Bank Private Placement


Project Status: 100% Horizontally and Vertically Constructed at Closing


Original Principal / Average Coupon: $5,930,000 / 6.125%


Refunding Average Coupon: 4.50%


Repayment Term: 20 Years


DPFG serves as Assessment Methodology Consultant to the District


$2,895,000


PARK CREEK COMMUNITY DEVELOPMENT DISTRICT
Capital Improvement Revenue Bonds, Series 2014A


Date: August 21, 2014


Type of Financing:
Construction Debt Financing Secured Solely by Real Estate


Project Status: Engineering/Design Complete, Assessment Area - No Horizontal or Vertical
Development at Closing


Construction District:
Bond Proceeds Used to Fund Construction Costs


Average Yield Rate: 5.67%


Repayment Term: 30 Years


DPFG serves as District Manager and Assessment Methodology Consultant to the District


To learn more about these transactions or financing like these that could apply to your project,
please contact Maik Aagaard at (321) 263-0132 Ext. 201 or email at maik.aagaard@dpfg.com.


Sincerely,


Maik Aagaard - Managing Principal



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