News

Jan 21, 2017

Community Facilities District Approved for Rocking K South

The 2,047 acre residential master planned development planned by Diamond Ventures, Inc. for 3,653 single family homes received unanimous approval from the Pima County Board of Supervisors to establish a CFD, Community Facilities District. The CFD will allow a taxing district to issue bonds over a period of 20 years as a means of reimbursing some of the public infrastructure constructed to serve the project, with repayment by property taxes within the District.  Rocking K South is planned to open in 2018.