Special assessment bond refunding (Assessment Area One)
Boise
Summary
The district is refinancing its 2011 special assessment bonds, which carry a 9% rate, to lower homeowners' remaining annual assessments. Savings are estimated at 4–17% depending on final rates, and state law requires savings or the deal dies.
At a glance
- Total mentions
- 8
- Last 30 days
- 0
Last discussed Aug 11, 2026.
Impact analysis
Homeowners paying ~$212/year in special assessments could see their remaining installments drop by roughly 4–17% if the October closing goes through.
Property owners in Assessment Area One who still owe special assessments.
Mentions & discussions (4)
Harris Ranch Community Infrastructure District No. 1 - Regular Meeting — August 11, 2026
The district is refinancing its 2011 special assessment bonds, which carry a 9% rate, to lower homeowners' remaining annual assessments. Savings are estimated at 4–17% depending on final rates, and state law requires savings or the deal dies.
Harris Ranch Community Infrastructure District No. 1 - Regular Meeting — July 14, 2026
The district is refinancing its special assessment bond, with the closing expected in October and expected savings over the current 9% interest rate. Notices have been posted and will be mailed to every property owner in the district, as state law requires.
Harris Ranch Community Infrastructure District No. 1 - Regular Meeting — June 16, 2026
The district is refinancing its special assessment bond, now at a 9% rate, with NBH Bank selected through a formal bid process. Residents should see real savings on the couple-hundred-dollar special assessment portion of their tax bill.
Harris Ranch Community Infrastructure District No. 1 - Regular Meeting — May 12, 2026
The district's 2011 special assessment bond carries a 9% interest rate. Refunding it is expected to significantly cut what Harris Ranch residents pay. The board ordered a public hearing where residents can testify on the new assessment roll before any final approval.
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