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Laguna Lakes Community Development District

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Laguna Lakes Community Association – LLCALaguna Lakes Community Development District – CDD
Covenant of Property OwnersPublic body est. by Ordinance 02-033
Represented by a Board of homeowners chosen from the respective communities for a one-year termOverseen by a Board voted in during a general election for a four-year term
Maintains a clubhouse with a:Maintains community infrastructure:
• Large meeting and event room
• State-of-the-art fitness center
• Community pool, wading pool, and spa
• Game room with billiards
• Security system
Maintains recreational facilities including:
• Tennis, pickle ball, and beach volleyball courts
• Renovated children’s playground
Maintains common properties:
• Streets, curbs, and sidewalks
• Common grassy areas
• Health of seven lakes
• Irrigation distribution system
• Perimeter wall & fence structures
• Wildlife associated with lakes
• Lake fountains
• Exclusive control of landscaping on both sides of berms
• Stormwater system management
• Provides reuse water for irrigation
• Midge Fly treatments
Field maintenance, monitoring, reporting
Oversight of subcontractors
Revenues generated by quarterly duesRevenues generated by annual tax levy

Special information regarding CDD finances:
The CDD has an operating budget of over $400K. There is also over $400K paid to debt relief each year. This debt was incurred to create the original infrastructure of the community. The debt has been restructured on two occasions. The first, was to complete the perimeter walls, the eastern fence, and the partial irrigation system. The second restructuring financed the remainder of the irrigation distribution system. The debt will be paid off in 2033 and that portion of the CDD assessments will be eliminated