NOTICE IS HEREBY GIVEN that the Valencia Acres Community Development District (the “District”) will hold a Regular Board Meeting (the “Meeting”) on October 15, 2020, at 6:30 p.m. in the Cafeteria of Somerset Academy Charter School located at 18491 SW 134th Avenue, Miami, Florida 33177, 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/87942575612
Call In at: 1-929-436-2866
Meeting ID: 879 4257 5612
About the District
Valencia Acres 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. 03-208 of the Board of County Commissioners of Miami Dade County, Florida (the “County”), effective October 7th 2003. District lands consist of approximately 69 gross acres within the County and were developed as a residential community which consists of single family home dwellings totaling 144 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 2005 and 2016 Refunding (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. 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 (2005) Bonds and refunded on in 2016.
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.