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Heritage Park Issues Refunding Bonds

Posted Thursday, February 6th, 2014

HGS attorneys Michael Eckert and Chuck Bowen assisted in a refunding of the Heritage Park Community Development (St. Johns County, Florida) District’s $5,900,000 Special Assessment Bonds, Series 2004A.  On December 19, 2013, the District issued its Special Assessment Refunding Bonds, Series 2013 in the amount of $5,095,000.  The proceeds of the Refunding Bonds were utilized to refund the District’s Special Assessment Bonds, Series 2004A and to pay certain costs associated with the issuance of the Refunding Bonds.  The refunding of the Series 2004A Bonds resulted in a significant decrease in the annual special assessments levied on landowners within the Heritage Park Community Development District.

For additional information, please contact Michael Eckert or Chuck Bowen.

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