Overview of Community Development Districts

The One Daytona Community Development District is one of many Community Development Districts (“Districts”) located within Florida. Districts are special-purpose units of local government established pursuant to and governed by Chapters 189 and 190, Florida Statutes. A District is a type of, and the most popular form of, Florida Special District. Special Districts are similar to cities and counties, except that Special Districts are organizations of local special-purpose government rather than general-purpose government. A CDD’s powers are limited to funding, installing, operating, and maintaining public infrastructure. Examples of other forms of Special Districts include Water Control Districts, Housing Authority Districts, and Fire Control Districts.

Chapter 189 of the Florida Statutes, applicable to all Florida Special Districts including the One Daytona Community Development District, can be viewed here: http://www.flsenate.gov/Laws/Statutes/2013/Chapter189

Chapter 190 of the Florida Statutes, specifically applicable to Florida Community Development Districts, can be reviewed here: http://www.flsenate.gov/Laws/Statutes/2013/Chapter190

Overview of the One Daytona Community Development District

The One Daytona Community Development District (“District”) was established by the City of Daytona Beach via the adoption of an ordinance effective February 5, 2014. The District is located in a portion of Sections 14 & 23, Township 15 South, Range 32 East in the City of Daytona Beach, Volusia County, Florida and more precisely, north of International Speedway Boulevard (US 92), east of Fentress Boulevard, and west of Bill France Boulevard. The District contains approximately 189 acres within its boundaries and this land is currently zoned “Planned Master Development”, allowing the District to be developed with office space, retail space, warehouse space, hotels, and residential development.

The District will help implement public infrastructure improvements providing a benefit to the District’s property owners and guests. These improvements may include public roadways, parking areas, utilities, and storm-water management improvements.