Concorde Estates Community Development District, Florida
CUSIP 20651XAE7
- Issue Currency: United States of America Dollars
- Announcement Date: 01-Jun-2017
- News: The Bonds were originally scheduled to mature on May 1, 2017. The maturity date for the Series 2011B Bonds has been extended until November 1, 2017. This notice is being filed pursuant to Section 7 of the Continuing Disclosure Agreement, dated July 14, 2011, for Concorde Estates Community Development District relating to the Capital Improvement Revenue Refunding Bonds, Series 2011B.
- Issue Currency: United States of America Dollars
- Announcement Date: 07-Nov-2017
- News: To facilitate the on-going repositioning of the 112 lots comprising the Delinquent Lands owned by Maxcy Development Group Holdings-Concorde Estates, Inc. (the ""SPE"") or Avex Homes, LLC (the ""New Landowner""), the District, pursuant to Resolution No. 2018-02 adopted by the Board on October 25, 2017 (the ""2017 Authorizing Resolution""), and the 100% Bondholder pursuant to a written Bondholder Direction and Consent dated November 1, 2017 delivered to the Trustee, approved the bifurcation of the $5,811,750 in principal amount of Series 2011B Bonds, outstanding as of November 1, 2017, into (a) $2,871,819.80 in principal amount of Series 2011B Bonds, representing the principal amount allocable to the Delinquent Lands (the ""Exchanged Series 2011B Bonds"") and (b) $2,939,930.20 in initial principal amount of in principal amount of Series 2011B Bonds, representing the principal amount allocable to the other delinquent 36 lots not owned by the SPE or the New Landowner (the ""Unexchanged Series 2011B Bonds"") (collectively, the ""Bifurcation""), and the issuance of its $2,871,819.80 in initial principal amount of Concorde Estates Community Development District Capital Improvement Revenue Refunding Bonds, Series 2017B (Capital Appreciation Bonds), with a final maturity amount of $4,705,000 (the ""Series 2017B Bonds"") pursuant to the Master Indenture and that certain Third Supplemental Trust Indenture to be dated as of November 1, 2017 (the ""Third Supplemental Indenture""), the form of which is attached hereto as Exhibit A, and the exchange of the Series 2017B Bonds for the Exchanged Series 2011B Bonds (the ""Exchange"").
- Issue Currency: United States of America Dollars
- Announcement Date: 05-Feb-2018
- News: U.S. Bank National Association serves as trustee (the ""Trustee"") under that certain Master Trust Indenture dated as of March 1, 2004 (the ""Master Indenture""), as supplemented by that certain Second Supplemental Trust Indenture dated as of July 1, 2011 (the ""Second Supplemental Indenture""), as amended by that certain First Amendment to Second Supplemental Trust Indenture dated as of April 1, 2017 (the ""First Amendment"" and together with the Master Indenture and the Second Supplemental Indenture, the ""Indenture""), each by and between the Concorde Estates Community Development District (the ""District"") and the Trustee. Capitalized terms not otherwise defined herein shall have the meanings assigned to such terms in the Indenture.
