For the purpose of creating, establishing, maintaining and operating a lighting system
and the maintenance of certain common areas within the area described herein, there
is hereby created a municipal service taxing unit to be known as the "Regency Oaks
Municipal Service Taxing Unit (multipurpose)," which shall be all the property located
in Hernando County, Florida, within the boundaries described in Exhibit "A," attached
hereto and made a part hereof by reference. All federal, state, county, municipality
and special district real property located within this MSBU will be exempt from non-ad
valorem assessments imposed by the MSBU.
