The special assessment liens are billed semi-annually with payments due on 6/1/xx & 12/1/xx. In the event of a refinance or sale of the home, the District does not mandate that the assessment be paid in full, only that the account remains in current status.
This special assessment lien does assume first lien position even before the mortgage, second only to property taxes
PLEASE READ CAREFULLY:
These assessments are not affiliated with your Homeowner Association dues or County Property Taxes.
Failure to make these payments on or before the due date will result in a 5% penalty for the delinquency amount and additional collection costs. Failure to pay thereafter will result in the entire amount of the assessment, the addition of collection costs, including attorney fees and the foreclosure sale of the property assessed.
|Year||District Name||Bond Amount||Bond Documents|
|2005||Watson Rd CFD||$49,000,000||2005 SA Bond Issuance|
Includes the following 18 subdivisions –
|Watson Estates||Anderson Parc||Desert Moon Estates|
|Villages at Sundance||Tyler Ranch||Apache Farms|
|Siesta Lago Estates||Sonoran Vista||Vista Bonita|
|Montana Vista||Crystal Vista||Riata West|
|Mystic Vista||Cottonwood Meadows N||Cottonwood Meadows S|
|Wingate East||Wingate||Park Place at Buckeye|
To obtain current lien status, repayment schedule or a payoff quote, please email email@example.com.