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DTA assisted the County of Orange in the establishment of a series of CFDs in the Rancho Santa Margarita area. (CFD No. 86-1, 86-2, 87-5A, 87-5B, 87-5C, 87-5D, and 87-5E). The Rancho Santa Margarita CFDs have sold $191.3 million in bonds to finance a wide variety of public infrastructure improvements, including: sewer, water, storm drain, roads, and parks.
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DTA provided special tax consulting services to the City of Fullerton commencing in 2001, leading to the formation of CFD No. 1 (Amerige Heights) $21 million in bonds for this CFD were issued in 2002, resulting in nearly $19 million in construction proceeds to fund infrastructure for a residential site consisting of 1,129 dwelling units and a shopping center containing approximately 417,000 square feet commercial/retail development. DTA has been the CFD administrative consultant to the City of Fullerton since 2001.
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DTA provided tax consulting services leading to the formation of a series of infrastructure and public services CFDs for the AT&T Park and Mission Bay projects in the City of San Francisco. A total of $93 million in CFD bonds were sold by the San Francisco Redevelopment Agency using special tax formulas prepared by DTA.
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DTA structured a public services-only CFD to cover the costs of maintaining parks and landscaping in this 485-unit residential development project. The CFD is funding, in perpetuity, the maintenance of an 11-acre central park and four mini-parks.
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This project is located on 188 acres of land on the campus of CSU Channel Islands (adjacent to the City of Camarillo), and consists of 900 residential units and 50,000 square feet of commercial development. The financing program involved the sale of $34 million in public improvement bonds secured by three revenue streams: CFD special taxes, tax increment revenues, and land lease revenues. DTA is currently administering the special taxes for the CFD that contributed to this financing.
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DTA provided tax consulting services to the City of Irvine, leading to the formation of CFD No. 2005-1 (Columbus Grove). $25 million in bonds have been issued for this CFD, resulting in almost $22 million in construction proceeds to fund infrastructure for the 409 dwelling units developed within this community. Recently DTA established the City’s second CFD to finance public facilities for the Central Park project, and is working on the City's third CFD for the Great Park project.
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