A CDD, or Community Development District, is a local unit of special-purpose government, established by Chapter 190 of the Florida Statute. CDDs do not have any regulatory powers as a county or city does. Instead, these zones are backed by a special-purpose bond that is established by the community’s developer. CDDs are a cost-effective way of financing the development of a new community’s services and initial infrastructures, like sewers, roads, water supply, grading, utilities, and recreational amenities.
After the 6th or 10th year, once a district reaches 250 or 500 qualified electors, respectively, then the positions of two board members whose terms are expiring shall be filled by qualified electors of the district, elected by the qualified electors of the district for 4-year terms.
For more information on CDDs, please click here.
