The Estrella Mountain Ranch Community Facilities District (EMRCFD) issued special assessment lien bonds in 2019 for the Lucero #1 Special Assessment District (LD#1) for improvements specifically benefiting property in LD#1. 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 LD#1 special assessment is billed and payment collected through the normal Maricopa County property tax process. The LD#1 special assessment will appear as "Assessment - Lucero #1" 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.