In 2006 this Community Facilities District was established and encompasses several business and their infrastructure improvements off Highway 69. Southside Community Facilities District No. 1 Special Assessment Revenue Bonds, Series 2008 were issued for $3,025,000, with annual payments of $55,000 to $245,000 through July 1, 2032, and interest at 6.125% to 7.25% per annum. They are payable from revenues generated through an assessment by the district against the properties located within the boundaries of the district.