Eastridge Community Facilities District

Eastridge CFD

This CFD was created in 2003 and established a new business district off Highway 69. $2.5 million was obtained through Special Assessment Lien Bonds in 2003, and are due in annual payments of $125,000 to $275,000 through July 1, 2018, with interest at 6% to 7.25% per annum. They are payable from revenues generated through an assessment by the district against the properties located within the boundaries of the district.