Due to the COVID-19 public health emergency, the July 28, 2020, PH and Board meeting is being held utilizing communications media technology.

Join by URL for VIDEO ACCESS at:

https://us02web.zoom.us/j/85969474657

Meeting ID: 859 6947 4657

CONFERENCE CALL:

Telephone Number: 877-873-8018

Access Code: 9977994

About the District

Tree Island Estates Community Development District (the “District”) which is a local unit of special-purpose government of the State of Florida established in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes, as amended and by Ordinance No. 03-207 of the Board of County Commissioners of Miami Dade County, Florida (the “County”), effective October 17th 2003. District lands consist of approximately 86.02 gross acres within the County and were developed as a residential community which consist of 178 single family home dwellings and 96 townhomes, totaling 274 units. For clarification purposes the District is not a Homeowners Association.

The District is governed by a five-member Board of Supervisors (qualified electors) elected during the general election process by qualified electors of the District. The District issued Special Assessment Bonds, Series 2004 (the “Bonds”) and has imposed taxes and/or assessments on all assessable property in the District to pay off the Bonds issued to finance the installation and construction  costs of the public infrastructure improvements. In 2014, the District refinanced the Bonds to reduce the interest rate and pass on a portion of the savings to the property owners. The Special Assessment Refunding Bonds, Series 2014 (the “2014 Bonds”) will mature in May of 2034.  All property owners within the District will be subject to annual assessments which are broken down in two (2) components:

  1. The operation and management of the District owned improvements
  2. Bond debt service (annual principal & interest) on the (2014) Bonds.

The District utilizes the Miami-Dade County Tax Collector to collect the assessments each year. The annual assessments appear under the non-ad valorem tax section of the real estate property tax bill. The District’s fiscal year runs from October 1 thru September 30 of each respective year.

Tree Island Estates Community Development District Image

STATUS: 
Independent

COUNTY: 
Miami-Dade

DATE ESTABLISHED: 
October 7, 2003

CREATION DOCUMENT:
County Ord. #2003-207 (PDF) (RTF)

STATUTORY AUTHORITY:
Chapter 190, F.S.

BOARD SELECTION: 
General Election

LOCAL GOVERNING AUTHORITY: 
Miami-Dade County