Board gives Rocking K South Community Facilities District go-ahead

pima county

pima countyReal Estate News Daily

PIMA COUNTY – The Pima County Board of Supervisors voted 4 to 1 to approve a development and intergovernmental agreement with the Rocking K South Community Facilities District and Rocking K Development Co.

The agreement allows the Rocking K South Community Facilities District to call an election in August asking property owners within the district to approve two things: (1)  general obligation bonds repaid by District taxes on property within the District to fund utility, transportation and other public infrastructure, and (2) taxes on property within the District to pay for maintenance and operation of the public infrastructure.

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