Holly Hill Road East Community Development District
Est. 2017 Located In Polk County, Florida
The Holly Hill Road East Community Development District (“District”) is an independent special district, created pursuant to and existing under the provisions of Chapter 190 and Section 190.012(2)(A) & (D), Florida Statutes, and established by the City Commission of the City of Davenport’s approval of Ordinance No. 814, on July 10, 2017. Ordinance No. 841, effective on on March 5, 2018, amended to expand the District’s boundaries from approximately 97.22 acres to 111 acres more or less. Ordinance No. 864, effective on November 5, 2018, amends the acreage to 145.28 acres.
DISTRICT INFRASTRUCTURE AND PROPERTY
The District has issued its Series 2017 and Series 2018 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 2017 and Series 2018 Bonds debt service budget and an operations and maintenance “O&M” budget. The Series 2017 and Series 2018 Bonds require level annual debt service and so the bond debt service budget will not vary substantially from year-to-year.
The adopted O&M budgets for the District’s 2016-2017 and 2017-2018 fiscal year scan be found here: LINK
DISTRICT ANNUAL NON-AD VALOREM ASSESSMENT
The District annually collects from property owners within its boundaries both a bond debt service assessment and an O&M assessment. The bond debt service assessment helps amortize the District’s Series 2017 and Series 2018 Bonds. The O&M assessment funds the District’s annual O&M activities.
(A schedule of the District’s annual non-ad valorem assessments can be found here: LINK)
PLEASE NOTE THE POOL AND PLAYGROUND IS NOW CLOSED PER CDC RECOMMENDATION
Large events and mass gatherings can contribute to the spread of COVID-19 in the United States via travelers who attend these events and introduce the virus to new communities. Examples of large events and mass gatherings include conferences, festivals, parades, concerts, sporting events, weddings, and other types of assemblies. These events can be planned not only by organizations and communities but also by individuals.
Therefore, CDC, in accordance with its guidance for large events and mass gatherings, recommends that for the next 8 weeks, organizers (whether groups or individuals) cancel or postpone in-person events that consist of 50 people or more throughout the United States.
Events of any size should only be continued if they can be carried out with adherence to guidelines for protecting vulnerable populations, hand hygiene, and social distancing. When feasible, organizers could modify events to be virtual.
This recommendation does not apply to the day to day operation of organizations such as schools, institutes of higher learning, or businesses. This recommendation is made in an attempt to reduce introduction of the virus into new communities and to slow the spread of infection in communities already affected by the virus. This recommendation is not intended to supersede the advice of local public health officials.