Hesperia Recreation and Park District Board Meeting Agenda February 2026
Silverwood Development Receives Approval for BOLD Program Financing
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Description
Silverwood Development Phase I, LLC is authorized to utilize the CMFA BOLD Program for financing District-related improvements in connection with the Silverwood project. The agreement allows reimbursement for impact fees and public infrastructure through bond proceeds.
Contract Details
Vendor
SILVERWOOD DEVELOPMENT PHASE I LLC
Agency
Hesperia Recreation And Park District, CA
Contract Type
OTHER
Document Date
February 11, 2026
Contract Term
Parks Dedication and Improvement Agreement dated March 5, 2024; financing through CFD as bonds are issued
Renewal Info
Parks Dedication and Improvement Agreement remains active as improvements and bond financings proceed; reimbursed as funds are available through bonds.
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