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A.H. at Turnpike South Community Development District (the “District”) 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.12-60 of the Board of County Commissioners of Miami Dade County, Florida (the “County”), effective July 17, 2012. The original boundaries of the District were expanded pursuant to Ordinance No.13-93, effective October 1, 2013. The District lands now consist of approximately 82.51 (+/-) gross acres located within the unincorporated area of the County as a residential community which is currently under development and is planned for 401 single family residential dwelling units.
The District is governed by a five-member Board of Supervisors made up of landowners in the District. The District issued Special Assessment Bonds, Series 2015 “Phase One” (the Series “2015 Bonds”) of construction and has imposed taxes and/or assessments on all assessable property to pay off the Bonds issued for a portion of the installation and construction of public infrastructure (capital) improvements. The Special Assessment Bonds, Series 2015 the Series 2015 Bonds will mature in May of 2046. In 2016, the District Issued Special Assessment Bonds “Phase Two” (the Series “2016 Bonds”) to finance the construction of the remaining portions or parts thereof consisting of installation and construction of public infrastructure (capital) improvements. The Series 2016 Bonds will mature in May of 2047. All property owners within the District are subject to annual special assessments which are broken down into two (2) components:
- The operation and management of the public improvements.
- Bond debt service (annual principal and interest) on the Series 2015 Bonds and the Series 2016 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.