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

Posted Monday, December 5th, 2016

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.

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