The Tradition Community Development District No’s 1-10 (“Districts”) are independent special districts created pursuant to and existing under the provisions of Chapter 190, Florida Statutes, and established by:
Ordinance No’s. 01-010 through 01-013 (District No’s. 1-4), effective on November 1, 2001, by St. Lucie County, Florida;
Ordinance No. 06-98 (District No. 5), effective on September 25, 2006, by the City Council of the City of Port St. Lucie, St. Lucie County, Florida;
Ordinance No. 03-004 (District No. 6), effective on March 27, 2003, by St. Lucie County, Florida;
Ordinance No’s. 06-99 through 06-102 (District No’s. 7 through 10), effective on September 25, 2006, by the City Council of the City of Port St. Lucie, St. Lucie County, Florida.
The Districts are located in the City of Port St. Lucie, St. Lucie County, Florida, west of I-95 and south of Gatlin Boulevard. District No.’s 1-6 and a portion of 7, are substantially developed and include within their boundaries approximately 2,327 acres of land. The Districts’ development plan includes 4,379 single-family homes, 2,400 multi-family homes, and 1,557,642 square feet of commercial space.
District No’s. 8-10 and a portion of 7, are substantially undeveloped and include within their boundaries approximately 2,171 acres of land. The proposed development plan includes approximately 4,000 residential units and 651,759 square feet of commercial entitlements.
Infrastructure and Property
The Districts issued Series 2003 Bonds to fund the construction and/or acquisition of water and sewer utilities, storm water management improvements, landscaping, streetlights, wetland mitigation, and roadways within their boundaries.
Each District annually approves an operations and maintenance (“O&M”) budget, outlining the expected general revenues and expenses for the District and a bond debt service budget.
Annual Non-Ad Valorem Assessments
The Districts’ annually collect from property owners within their boundaries both a bond debt service assessment and an O&M assessment. The bond debt service assessment helps amortize the Districts’ Series 2003 Bonds. The O&M assessment funds the Districts’ annual O&M activities.
CDD Informational Booklet
Please visit the link below for access to the CDD Informational Booklet, which provides an overview of the CDD’s scope of work, district maps, current budget, assessment amounts, and other useful information related to the Tradition Community Development District.
Tradition Family of Community Development District’s management services provided by: Castle Group.