Placement: Consent Agenda
Action Requested: Motion / Vote
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Amended and Restated Fire/EMS Development and Impact Fee Agreement for Southern Grove and Western Grove Developments of Regional Impact
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Submitted By: Wes McCurry, Community Redevelopment Agency
Executive Summary (General Business): Joinder by the City of Port St. Lucie to the revised, amended and restated agreement.
Presentation Information: N/A.
Staff Recommendation: Move that the Council approve.
Alternate Recommendations:
1. Move that the Council amend the recommendation and approve.
2. Move that the Council provide staff with additional direction.
Background: On or about September 19, 2007, the Fire District and Tradition Development Company, and its associated Developers, entered into a Developers' Agreement, whereby the Developers would provide a fire station site for the Southern Grove DRI by October 1, 2008, and for the Western Grove DRI by October 1, 2009.
In October 2008, due to conditions in the real estate market, the Developers requested that the above dates for providing the fire station sites to the Fire District be delayed until October 1, 2011 and October 1, 2015, respectively.
Subsequently, Mattamy Homes purchased the properties contained within the Southern and Western Grove DRI's from Tradition Land Company, which necessitated the negotiation of a revised, updated and amended agreement between Mattamy Homes and the Fire District.
Issues/Analysis: The City was a joinder to the Developer's Agreement with Tradition Development Company for the limited purposes of recognizing the impact fee credits provided for therein; and acknowledging and agreeing that the conveyance of the aforementioned fire station sites satisfies the requirements for such under the Annexation Agreement and DRI's.
Financial Information: N/A
Special Consideration: The Southern Grove Fire/EMS station site was previously conveyed to Mattamy Homes by the Port St. Lucie Governmental Finance C...
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