The Tradition Community Development District No. #1 in Port St. Lucie, FL, was established in 2001 and is governed by a five-member Board of Supervisors elected by landowners within the District. The CDD imposes and levies assessments on properties to pay off bonds for capital improvements and cover operation and maintenance costs.
Property owners within the CDD are subject to annual assessments for operation and maintenance of improvements, as well as debt service for capital improvement bonds. The CDD collaborates with the St. Lucie County Tax Collector to collect these assessments each year, which appear on property tax bills in the non-ad valorem section.
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