The Board of Supervisors of the Islands at Doral (NE) Community Development District (“District”) will hold a public hearing on August 5, 2020, at 7:00 p.m. in the 2nd Floor Conference Room of Doral Legacy Park located at 11400 NW 82nd Street, Doral, Florida 33178 for the purpose of hearing comments and objections on the adoption of the budget of the District for Fiscal Year 2020/2021. A regular board meeting of the District will also be held at that time where the Board may consider agenda items and any other business that may properly come before it.
It is anticipated that the public hearing and meeting will take place at the location provided above. In the event that the COVID-19 public health emergency prevents the hearing and meeting from occurring in-person, the District may conduct the public hearing by telephone or video conferencing communications media technology pursuant to governmental orders, including but not limited to Executive Orders 20-52, 20-69 and 20-150, issued by Governor DeSantis, and any extensions or supplements thereof, and pursuant to Section 120.54(5)(b)2., Florida Statutes.
Join by URL for VIDEO ACCESS at: https://us02web.zoom.us/j/81934947772
Meeting ID: 819 3494 7772
Dial In Phone Number: 1 929 436 2866
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.