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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www.dpfg.com