news & updates

Aug
04
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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