Placement: Consent Agenda
Action Requested: Motion / Vote
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Approve the Second Amended and Restated Educational Facilities Impact Fee Credit Agreement Between Mattamy Palm Beach LLC, the City of Port St. Lucie and the School Board of St. Lucie County, Florida for the Southern Grove DRI.
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Submitted By: Bridget Kean, AICP, Deputy Director Planning and Zoning
Strategic Plan Link: The City's Goal of planning for a thriving future.
Executive Summary (General Business): Mattamy Palm Beach, LLC, and the School Board of St. Lucie County have signed the Second Amended and Reinstated Educational Facilities Impact Fee Credit Agreement between Mattamy Palm Beach, LLC, the School Board of St. Lucie County, Florida, and the City of Port St Lucie. The agreement pertains to public school requirements of the Southern Grove DRI and the Annexation Agreement and requires City Council approval prior to the recording of the agreement.
Presentation Information: No formal presentation. Staff will be available to answer any questions.
Staff Recommendation: Move that the Council approve the agreement.
Alternate Recommendations:
1. Move that the Council amend the recommendation and approve the agreement.
2. Move that the Council not sign the agreement and provide staff direction.
Background: Condition 62 of the Southern Grove DRI development order, as approved through Resolution 21-R136 and as amended by Resolution 24-R55, requires a development agreement between the developer of the Southern Grove DRI and the School Board for the dedication of two K-8 school sites. The original agreement was approved on September 17, 2007. It provided for a formula for the reimbursement of educational impact fees that would normally be assessed of dwelling units within the proposed development as well as conveyance of the required school sites to the School Board. There was a first amendment to the agreement that was signed by Mattamy Palm Beach, LLC, and the School Boa...
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