Lakewood Ranch Stewardship District Issues Special Assessment Revenue Bonds (Northeast Sector Project, Phases 1A and 1B)

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On August 30, 2018, the Lakewood Ranch Stewardship District (Manatee and Sarasota Counties, Florida) issued its Special Assessment Revenue Bonds, Series 2018 (Northeast Sector Project – Phase 1A), in the amount of $14,925,000 (the “Series 2018 Bonds”) to pay off previously issued Bond Anticipation Notes and 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 Northeast Sector Phase 1A project area.  On December 10, 2018, the District issued its Special Assessment Revenue Bonds, Series 2018 (Northeast Sector Project – Phase 1B), in the amount of $36,185,000 to 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 Northeast Sector Phase 1B project area.  The bonds were issued with the assistance of Hopping Green & Sams attorneys Jonathan Johnson and Lindsay Whelan.

For additional information, please contact Jonathan Johnson.