The Estrella Mountain Ranch Community Facilities District (EMRCFD) issued special assessment lien bonds in 2015 for the Montecito No. 2 Special Assessment District (MD#2) for improvements specifically benefiting property in MD#2. The special assessment lien bonds are payable solely from amounts collected from the special assessments. The assessment is a first lien on the property assessed, subject only to general property taxes and prior special assessments.
The MD#2 special assessment is billed and payment collected through the normal Maricopa County property tax process. The MD#2 special assessment will appear as "Assessment - Montecito #2" in the special districts section of your property tax statement.
The special assessment lien can be prepaid at anytime and a payment amortization schedule is available upon request. You can request a payoff quote or payment schedule using our online form.