Placement: Second Reading of Ordinances / Public Hearing
Action Requested: Motion / Vote
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Ordinance 21-48, Public Hearing, Expanding and Contracting the Boundaries of Verano #3 Community Development District
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Submitted By: Elizabeth L. Hertz, Deputy City Attorney, City Attorney's Office.
Strategic Plan Link: The City's Goal of high-quality infrastructure and facilities.
Executive Summary (General Business): The Verano #3 Community Development District (District #3) has requested that the City approve a boundary change to District #3. The petition seeks to expand and contract District #3.
Presentation Information: Questions will be answered upon request.
Staff Recommendation: Move that the Council approve the expansion and contraction request.
Alternate Recommendations:
1. Move that the Council amend the recommendation and approve the request.
2. Move that the Council not approve the request.
Background: A Community Development District ("CDD") is an independent unit of special purpose local government authorized by Chapter 190, Florida Statutes, to plan, finance, construct, operate and maintain community-wide infrastructure in large, planned community developments. CDDs provide a "solution to the state's planning, management and financing needs for delivery of capital infrastructure to service projected growth without overburdening other governments and their taxpayers." See section 190.002(1)(1), Florida Statutes.
A CDD is not a substitute for the local, general purpose government in which it lies. A CDD does not have the permitting, zoning or police powers possessed by general purpose governments (e.g. City of Port St. Lucie). A CDD is an alternative means of financing, constructing, operating, and maintain community infrastructure for planned developments. A landowner or an existing CDD's board may petition to contract or expand the boundaries of a CDD. The exclusive and uniform method for the expansion of a CDD less than 1,...
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