CDD Series 2025 assessment true-up agreement

What the record says#

• The December 23, 2025 agreement relates to $8,990,000 Series 2025 bonds and Assessment Area One.

  PDF pages 1, 2

• The agreement provides for reassessing allocation when plats or site plans change, and for a true-up payment covering a resulting assessment shortfall and applicable interest, subject to the agreement's deferral process.

  PDF pages 3, 4

• The agreement sets conditions under which an end-user lot with a certificate of occupancy, or a qualifying lot restricted from replatting, is released from the true-up agreement after any required true-up is paid.

  PDF page 5

How to read this record#

A potential true-up mechanism is not evidence that a true-up payment was assessed or collected. Release from this agreement does not mean ordinary bond assessments have been paid off.

County index description#

AGREEMENT REGARDING THE TRUE UP AND PAYMENT OF SPECIAL ASSESSMENTS FOR THE SERIES 2025 BONDS

The supplied name searches matched the To field in the county index. The source context below preserves the matched names and search scope. Index labels do not substitute for the parties’ roles stated in the document.

Related recorded instruments#

• 202622000036 · CDD collateral assignment of development and contract rights
• 202622000038 · Developer consent to CDD jurisdiction and assessments
• 202622001571 · Lakefront Estates Phase 1 recorded plat

Figures supported by this document#

• The December 23, 2025 true-up agreement requires the developer to address assessment shortfalls if development changes reduce the planned assessment allocation, subject to the agreement’s deferral and release provisions.

In the project timeline#

• January 6, 2026 · Recorded: CDD Series 2025 assessment true-up agreement

Retrieve the original#

Search the Glades County official-records portal using instrument 202622000037, or book 422, page 196. County image-session links can expire.

Summaries identify the source pages. The original PDF controls if a transcription differs. Glades County records have been checked through Oct 28, 2026; see the collection scope. Acquisition dates and the limits of earlier collection batches remain in the source entries.