District Infrastructure and Property

The District issued its Series 2006A Bonds (“Bonds”) to fund the construction and/or acquisition of water and sewer utilities, stormwater management improvements, landscaping, seawalls, parking areas, streetlights, and roadways. The Bonds also funded the demolition of a shopping center previously located on the Commonwealth parcel, which has since been contracted from the District in August of 2021. The District owns property located around the Harbourside office building and the Grand Venezia condominium development.

District Annual Budgets

The District will annually approve both a Series 2006A Bond debt service* budget, and an operations and maintenance “O&M” budget. The Series 2006A Bonds require level annual debt service* and so the bond debt service budget will not vary substantially from year-to-year. For more information on Budgets see the dedicated page.

District Annual Non-Ad Valorem Assessments

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 2006 Bonds. The O&M assessment funds the District’s annual O&M activities. For more information on Assessments see the dedicated page.

Premier District Management, LLC.

Premier District Management has extensive experience providing consulting and management services to special districts located throughout Florida. Our firm provides services at every stage of a district’s life from establishment to full development. We offer District Management Services (including Administrative Services, Accounting, Minutes and Public Records Services, and Lien Book & Tax Roll Services.) to many CDDs in South Florida. Please visit our website here for more information.

*The Debt Service portion of the annual assessments has been suspended since Fiscal Year 2023. Please view the assessments page for more information on this.