NOTICE IS HEREBY GIVEN that the Islands at Doral (NE) Community Development District (the “District”) will hold a regular meeting (the “Meeting”) of its Board of Supervisors (the “Board”) on October 7, 2020, at 7:00 p.m. at Doral Legacy Park located at 11400 NW 82nd Street, Doral, Florida 33178, for the necessary public purpose of considering District related items as noted on the agenda. At such time the Board is so authorized and may consider any business that may properly come before it.
While it may be necessary to hold the above referenced meeting utilizing communications media technology due to the current COVID-19 public health emergency, the District fully encourages public participation in a safe and efficient manner. To that end, anyone wishing to listen to and/or participate in the meeting can do so telephonically and video conferencing as follows:
Join by URL for VIDEO ACCESS at: https://us02web.zoom.us/j/88525430998
Call In at: 1-929-436-2866
Meeting ID: 885 2543 0998
About the District
Islands at Doral NE Community Development District (the “District”) which is a local unit of special-purpose government of the State of Florida established in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes, as amended and by Ordinance No. 04-17 of the Board of County Commissioners of Miami Dade County, Florida (the “County”), effective January 30th 2004. The District Lands were developed as a master planned mixed-residential community consisting of 66 single-family home dwelling units, 340 condominium units, and 125 townhouse units, totaling 531 units.
The District is governed by a five-member Board of Supervisors (qualified electors) elected during the general election process by qualified electors of the District. The District issued Special Assessment Bonds, Series 2004 (the “Bonds”) and has imposed taxes and/or assessments on all assessable property in the District to pay off the Bonds issued to finance the installation and construction costs of the public infrastructure improvements. In 2014 the District refinanced the Bonds to reduce the interest rate. The Special Assessment Refunding Bonds, Series 2014 (the “2014 Bonds”) will mature in May of 2029. All property owners within the District will be subject to annual assessments which are broken down in two (2) components:
- The operation and management of the District owned improvements
- Bond debt service (annual principal & interest) on the (2014) Bonds.
The District utilizes the Miami-Dade County Tax Collector to collect the assessments each year. The annual assessments appear under the non-ad valorem tax section of the real estate property tax bill. The District’s fiscal year runs from October 1 thru September 30 of each respective year.