Heritage Lake Park Community Development District
Heritage Lake Park Community Development District located in Punta Gorda, Florida is a local, special purpose government entity authorized by Chapter 190 of the Florida Statutes, as amended, and created by ordinance of Charolotte County as an alternative method of planning, acquiring, operating and maintaining community-wide improvements in planned communities. A Community Development District (CDD) provides the "solution" to Florida’s need to provide valuable community infrastructure generated by growth, ultimately without overburdening other governments and their taxpaying residents. CDDs represent a major advancement in Florida’s effort to manage its growth effectively and efficiently. This allows a community to establish higher construction standards, meanwhile providing a long-term solution to the operation and maintenance of the community’s facilities.