Placement: Resolutions
Action Requested: Motion / Vote
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Resolution 26-R11, Authorizing the City Manager or His Designee to Enter into and Execute a Road Impact Fee Credit True-Up and Refund Agreement for Fees between the City of Port St. Lucie and Divosta Homes, L.P. Relating to Certain Lots in Veranda Gardens Phase 4.
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Submitted By: Mary Savage-Dunham, Planning and Zoning
Strategic Plan Link: The City's Goal of a high-performing city government organization.
Executive Summary (General Business): This is a request to establish an Impact Fee Credit True-Up and Refund Agreement with Divosta Homes, L.P., a subsidiary of PulteGroup, Inc., relating to certain lots in Veranda Gardens Phase 4. Divosta Homes, L.P. was assigned credit from Veranda St. Lucie Lands, LLC.
Presentation Information: N/A
Staff Recommendation: Move that the Council Authorize the City Manager or His Designee to Enter into and Execute an Impact Fee Credit True-Up and Refund Agreement with Divosta Homes, L.P. relating to certain lots in Veranda Gardens Phase 4.
Alternate Recommendations:
1. Move that the Council amend the recommendation and Authorize the City Manager or His Designee to Enter into and Execute an Impact Fee Credit True-Up and Refund Agreement with Divosta Homes, L.P. relating to certain lots in Veranda Gardens Phase 4.
2. Move that the Council provide direction to staff and table the item.
Background: Divosta Homes, L.P. ("Divosta") was assigned road impact fee credits by Veranda St. Lucie Land Holdings, LLC. ("Veranda St. Lucie"). After Veranda St. Lucie obtained credits from the City the City adopted and amended its Mobility Ordinance. At that time, the City Council provided a timeframe for development entities with City road impact fee credits to enter into a true-up agreement with the City, to establish the amount of outstanding City road impact fee credits that will be credited against and offset the new mobility fees. The City and Veranda St. Lucie ...
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