Parkway Community Facilities District No. 1

Parkway Community Facilities District

This Community Facilities District was established in 2006 and includes various parking, access and sidewalk improvements to certain businesses within areas both north and south of Highway 69. Parkway Community Facilities District Number 1 General Obligation Bonds, Series 2006, were issued for $3.42 million, with annual payments of $126,698 to $269,780 due through July 15, 2031, with interest at 4.85% to 5.35% per annum. They are payable from revenues generated through an ad valorem tax assessed by the district against the properties located within the boundaries of the district.