What We Do

The Tern Bay Community Development District provides a broad range of community related services and infrastructure to help ensure the quality of life desired by the Community. The District services can be identified in two major categories. They are the construction/financing for public infrastructure required for the community, and second, the long term operations and maintenance of that infrastructure.

The primary purpose of the District is to provide a permanent structure for the financing and the maintenance of services for the community.

The following is a summary of the District’s financing.

Series 2005A Bonds:
  Par Amount Issued: $33,280,000
  Interest Rate: 5.375%
 
  Par Amount Outstanding: $33,280,000
     
Series 2005B Bonds:  
  Par Amount Issued: $24,660,000
  Interest Rate: 5.000%
 
  Par Amount Outstanding: $23,635,000


The annual assessments for the community can be found in the Adopted Budget, which is on the links page of our web site.

For inquiries regarding the principal assessment on your individual property, contact the office of the District Manager via email JimWard@JPWardAssociates.com, with your parcel identification number, which is located on your property tax bill, the physical address of the property, and the property owner’s name, and we will provide the specific information on your property.