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HGS Attorneys Facilitate Establishment of TSR Community Development District and Validate $88 Million in Bonds

Posted Monday, January 26th, 2015

On July 8, 2014, the Pasco County Board of County Commissioners adopted Ordinance No. 14-14 establishing the TSR Community Development District (District) as petitioned by WS-TSR, LLC and represented by Hopping Green & Sams (HGS) attorney Jonathan Johnson. The District contains approximately 999.50 acres and is located north of State Road 54, east of Starkey Boulevard, west of State Road 589 (Suncoast Parkway), and south of the Jay B. Starkey Wilderness Park in Pasco County. On October 16, 2014, the District received a Final Judgment from the Sixth Judicial Circuit Court of Florida validating its Special Assessment Revenue Bonds in an amount not to exceed $88,000,000, with the assistance of HGS attorneys Jonathan Johnson and Alyssa Cameron. The District anticipates issuing bonds in the spring of 2015 and intends to 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.

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