StoneRidge Community Facilities District

StoneRidge CFD

The StoneRidge CFD covers a residential housing development which was established in 2001 and is located south of Highway 69. StoneRidge Community Facilities District General Obligation Bonds, Series 2013, were issued in the amount of $8.54 million, and are due in annual payments of $330,000 to $680,000 through January 15, 2030, with interest at 4.0% per annum. They are payable from revenues generated through an ad valorem tax assessed by the district against the properties located within the boundaries of the district.