Formed in 2005, the Waterfront Commercial Community Facilities District is a special purpose taxing district and separate political subdivision under Arizona statutes. As such, the District can levy taxes and issue bonds, independent of the City of Scottsdale, Arizona (City). Property owners within the District boundaries pay for District infrastructure and functions through secondary property tax assessments. City staff administers the District and the costs of their services are reimbursed by District funds. The Scottsdale City Council also serves as the District Board of Directors.

The District was formed to finance and acquire or construct amenities that are subsequently dedicated to the City for operation. The District does not own or operate infrastructure. Since formation, District bonds have been issued, and the proceeds used to acquire or construct public amenities including retail space and permanent parking easement.

The final maturity for the debt outstanding is July 15, 2032.

The annual budget provides details of fiscal year budget approved by the District Board. The annual financial report details the financial statements of the governmental activities and each major fund of the District.

Search additional District documents such as the minutes, notices and resolutions of the District Board.

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