Raven Ridge Community Facilities District

Raven Ridge CFD

This CFD was created in 2003 and it covers Prescott Country Club Unit VI, within Town limits. It was formed to decommission the package sewer plant serving the area, construct a gravity line connection to a lift station in the Orchard Ranch area, construct (in part) the lift station and force main up to the Town's publicly-owned treatment works and pay the Town the applicable wastewater system capacity charges. A $925,446 loan was obtained through the Water Infrastructure Financing Authority (WIFA) in 2003, with an interest rate of 3.188% and a payback period of 20 years, or 2023. Property owners pay through an assessment.