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What Is CDD

“Community Development Districts”…What are they?

A Community Development District (“CDD” or “District”) is a local unit of special-purpose government, created pursuant to Chapter 190, Florida Statutes (“F.S.”), and is limited to the performance of those specialized functions authorized therein. The Tradition CDD No’s 1-10 (“Districts”) are independent special districts created pursuant to and existing under the provisions of Chapter 190, Florida Statutes, and established by:

Ordinance No’s. 01-010 through 01-013 (District No’s. 1-4), effective on November 1, 2001, by St. Lucie County, Florida;

Ordinance No. 06-98 (District No. 5), effective on September 25, 2006, by the City Council of the City of Port St. Lucie, St. Lucie County, Florida;

Ordinance No. 03-004 (District No. 6), effective on March 27, 2003, by St. Lucie County, Florida;

Ordinance No’s. 06-99 through 06-102 (District No’s. 7 through 10), effective on September 25, 2006, by the City Council of the City of Port St. Lucie, St. Lucie County, Florida.

The Districts are located in the City of Port St. Lucie, St. Lucie County, Florida, west of I-95 and south of Gatlin Boulevard. District No.’s 1-6 and a portion of 7, are substantially developed and include within their boundaries approximately 2,327 acres of land. The Districts’ development plan includes 4,379 single-family homes, 2,400 multi-family homes, and 1,557,642 square feet of commercial space.

District No’s. 8-10 and a portion of 7, are substantially undeveloped and include within their boundaries approximately 2,171 acres of land. The proposed development plan includes approximately 4,000 residential units and 651,759 square feet of commercial entitlements.

 

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