Ave Maria Stewardship Community District Issues Capital Improvement Revenue Bonds and Bond Anticipation Notes

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On November 2, 2016, the Ave Maria Stewardship Community District (Collier County, Florida) issued its Capital Improvement Revenue Bonds, Series 2016, in the amount of $3,390,000 (the “Series 2016 Bonds”) and its Bond Anticipation Notes in the amount of $11,085,000 (the “Series 2016 BANs”) with the assistance of Hopping Green & Sams attorneys Jonathan Johnson and Alyssa Willson. The Series 2016 Bonds will finance a portion of the cost of acquiring, constructing, and equipping the improvements comprising a portion of the District’s Capital Improvement Plan for the Maple Ridge Phase 2 project area. The Series 2016 BANs will finance a portion of the cost of acquiring, constructing, and equipping the improvements comprising a portion of the District’s Capital Improvement Plan for the Phase 3 Master Improvements project area.

For additional information, please contact Jonathan Johnson.