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The board approved resolutions to begin a public hearing and move forward with refunding special assessment bonds in Assessment Area One, while also ratifying bond counsel services and related actions.
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The board took the first formal steps toward refinancing special assessment bonds, which could affect how infrastructure costs are handled in Harris Ranch Community Infrastructure District No. 1. It also approved hiring and related legal work needed to prepare the assessment roll, public hearing materials, and bond documents. The board separately discussed budget planning and outside management options, but those items were not decided at this meeting.
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