Agenda Item Name:
Title
Hearing to establish Springhills South Community Development District
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Presenter:
Jeffrey Hays, AICP
Description:
This action would authorize and establish a Community Development District (CDD) for the Springhills South area. A CDD is a local, special purpose government unit authorized by Chapter 190 of the Florida Statutes as an alternative means of financing, constructing, operating and maintaining community-wide infrastructure and services for large planned developments without burdening general taxpayers.
Recommended Action:
Recommended Action
Staff recommends that the County Commission adopt:
An ordinance establishing the Springhills South Community Development District pursuant to Chapter 190, Florida Statutes (2021), naming the district, describing the external boundaries of the district, describing the functions and powers of the district, and designating five persons to serve as the initial members of the expanded district's board of supervisors.
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Prior Board Motions:
NA
Fiscal Consideration:
Fiscal Consideration
The establishment of a CDD will allow the area to generate necessary funds for the construction of necessary public infrastructure to support development within the District.
The County will not be responsible for any issued bonds.
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Strategic Guide:
Infrastructure
Background:
A Community Development District (CDD) is a local, special purpose government unit authorized by Chapter 190 of the Florida Statutes as an alternative means of financing, constructing, operating and maintaining community-wide infrastructure and services for large planned developments without burdening general taxpayers. The Uniform Community Development District Act of 1980 established authority for CDDs in Florida.
At the initial set up of the CDD, five Board members are appointed to the Board of Supervisors (BoS). The board then elects one supervisor as chair, names a secretary and a treasurer who need ...
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