The Board of Supervisors (“Board”) of the Arborwood Community Development District (“District”) will hold a public hearing on August 17, 2020 at 9:00 a.m. at the Amenity Center Community Room, Somerset at the Plantation, 10401 Dartington Drive, Fort Myers, Florida 33913 for the purpose of hearing comments and objections on the adoption of the proposed budgets (“Proposed Budget”) of the District for the fiscal year beginning October 1, 2020 and ending September 30, 2021 (“Fiscal Year 2020/2021”). A regular board meeting of the District will also be held at that time where the Board may consider any other business that may properly come before it. A copy of the agenda and Proposed Budget may be obtained at the offices of the District Manager, Special District Services, Inc., 27499 Riverview Center Blvd., #253, Bonita Springs, Florida 34134, (941) 786-3726 (“District Manager’s Office”), during normal business hours, or by visiting the District’s website at https://arborwoodcdd.org/.
While it may be necessary to hold the above referenced public hearing and meeting utilizing communications media technology due to the current COVID-19 public health emergency, the District fully encourages public participation in a safe and efficient manner. To that end, anyone wishing to listen to and/or participate in the meeting can do so telephonically at 1-877-402-9753, Participant Code: 1811087.
About the District
The Arborwood Community Development District was established pursuant to F.S. Chapter 190 and is governed by a five-member Board of Supervisors elected by landowners within the District. The CDD may impose and levy taxes and/or assessments on the property to pay off bonds issued for capital improvements.
All property owners within the CDD will be subject to annual assessments which are broken down in two components:
- The operation and maintenance (O & M) of the improvements
- Debt service (annual principal & interest) on the capital improvement bonds.
The CDD utilizes the Lee County Tax Collector to collect these assessments each year. The annual assessments appear as one line in the non-ad valorem section of the property tax bill. The fiscal year is October 1st – September 30th.