On May 21, 2019 the Buckeye City Council adopted a policy related to the use of Revitalization Districts (“RD”) to assist in the financing of ever increasing infrastructure costs. This is an important milestone for the City and proves that Buckeye is “open for business” and is willing to work collaboratively with the private sector.
For more information on how RD financing may benefit your development project, contact Carter Froelich at 480-874-4355 or email at carter@launch-dfa.com.
Lucero Assessment District No. 1
Goodyear, AZ
$6,913,000
Bond Type: Special Assessment
Closing Date: April 26, 2019
Average Coupon: 4.46%
Maximum Term: 25 years
Overall Value-to-Lien Ratio: 4.86 to 1
Average Assessment Per Unit: $13,218
Purpose: To reimburse the developer for regional roadway, water and sewer improvement costs.
For more information or how Launch Development Finance Advisors can assist in the financing of infrastructure costs associated with your project, contact Carter Froelich, CPA at 480-874-4355 or email at carter@launch-dfa.com.
