The Town Council created this unique community facilities district in 2006 to construct a multi-use event center. This district will be overseeing the operational costs and events related to the event center. The Entertainment Center Community Facilities District Revenue Bonds, Series 2017, were issued for $16 million, with annual payments of $555,000 to $1.2 million due through July 1, 2037, with interest at 4.0% annum. They are payable from revenues generated by the event center.