HGS Attorneys Facilitate Establishment of FRERC Community Development District and Validation of $140 Million in Bonds
On August 7, 2018, the City Commission of the City of Ocoee, Florida adopted Ordinance No. 2018-028 establishing the FRERC Community Development District as petitioned by Orange West Development Company and represented by Hopping Green & Sams attorney Jonathan Johnson. The District contains approximately 97.404 acres and is located north of Colonial Drive, east of Maguire Road, south of East Orlando Avenue and west of Montgomery Avenue in the City of Ocoee. On October 22, 2018, the District received a Final Judgment from the Ninth Judicial Circuit Court of Florida validating its Special Assessment Bonds in an amount not to exceed $140,000,000, with the assistance of HGS attorneys Jonathan Johnson and Wesley S. Haber. The District anticipates issuing bonds and may use the bond proceeds to fund the construction and acquisition of a portion of its public infrastructure improvements.
For additional information, please contact Jonathan Johnson.