Placement: Second Reading of Ordinances / Public Hearing
Action Requested: Motion / Vote
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Ordinance 22-84, Public Hearing, An Ordinance Establishing the Veranda Landing Community Development District; Providing a District Name; Providing Boundaries; Designating Initial Members of the District Board of Supervisors; Providing Powers; Providing for Notice of Special Assessments; Providing for Exceptions and Interlocal Agreements with the City.
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Submitted By: Elizabeth Hertz, Senior Deputy City Attorney
Strategic Plan Link: The City's Mission to plan for smart and balanced growth.
Executive Summary (General Business): Lennar Homes, LLC (the "Petitioner") has submitted a Petition to the City of Port St. Lucie requesting the adoption of an ordinance establishing the Veranda Landing Community Development District.
Presentation Information: Questions will be answered upon request.
Staff Recommendation: Move that the Council approve the Ordinance.
Alternate Recommendations:
1. Move that the Council amend the recommendation and approve the Ordinance.
2. Move that the Council deny the Ordinance.
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 project growth without overburdening other governments and their taxpayers." Section 190.002(1)(a), 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 (i.e. the City of Port St. Lucie). A CDD is an alternative means of financing, constructing, operating and maintain community infrastructure for planned d...
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