On August 25, 2005, the City Commission of Tampa, Florida adopted Ordinance 2005-233 establishing the New Port Tampa Bay Community Development District (“the District”), a special purpose form of local government established pursuant to and governed by Chapter 190, Florida Statutes.
The District is comprised of approximately 52 acres and is designed to provide community infrastructure, services, and facilities along with their operations and maintenance and has the authority to impose and levy taxes or assessments, or both taxes and assessments, on the property found within its boundaries. These taxes and/or assessments pay the construction, operation and maintenance costs of certain public facilities and services of the District and are to be set annually by the governing Board of the District. These taxes and assessments, when levied, are in addition to county and other local governmental taxes and assessments and all other taxes and assessments provided for by law. The District also imposes certain fees to pay the construction, operation and maintenance costs of certain District facilities.