Developer funding agreement for O&M budget
Preserve at Legends Pointe Community Development DistrictFlorida- Detected
- Aug 13, 2026
- 76 days ago
- Sector
- Administration & Finance
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From the meeting
On August 13, 2026 the district entered a Fiscal Year 2027 budget deficit funding agreement with KB Home Tampa LLC. The developer agreed to fund any 2027 operating and maintenance budget amounts not covered by assessments, with payment due no later than October 1, 2026. That creates a near-term cash-funding and budget execution signal tied to the district's ongoing operations.
- Meeting date
- August 13, 2026
- Agency
- Preserve at Legends Pointe Community Development District
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