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Settlement Agreement With School Board of Hernando County, MAK Family Partnership, Ltd., Hawk Sunrise LLC and Others for Sunrise Development Project
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BRIEF OVERVIEW
Hawk Sunrise, LLC (Developer) and the Hernando County Board of County Commissioners (the County), entered into a Development Agreement dated September 12, 2023, (Development Agreement) regarding the Developer's proposed development known as Sunrise (Development).
The Hernando County School District filed an appeal of the Planning and Zoning Commission's approval of the first Conditional Plat for the development on December 16, 2024, as to the status of school concurrency for the development.
To resolve the dispute regarding school concurrency, the attached Settlement Agreement (Agreement) has been developed by parties representing the Hernando County School District, the County, and the Developer. This Agreement includes terms and conditions committing the Developer to set aside 49 acres within the Development for a potential future school site. Additionally, the Developer must provide an amendment to the Development Agreement that provides alignment with the Settlement Agreement. The other parties to the Agreement are MAK Family Partnership, Ltd.; TBF Partners, Ltd.; TBF Partners II, LLC; J. Thomas Bronson as personal representative of The Estate of T.E. Bronson; Robert A. Buckner as Trustee under that certain Trust Agreement dated March 9, 1989; Robert A. Buckner as Co-Trustee under the Robert C. Buckner Trust; Robert A. Buckner as Co-Trustee under the Celia M. Buckner Trust U/T/A DTD 1/16/03, as amended; Sharon P. McKethan; Haley Dowlen as personal representative of The Estate of John Hale McKethan; William C. Buckner as Co-Trustee under the Robert C. Buckner Trust; William M. Buckner as Co-Trustee under the Celia M. Buckner Trust U/T/A DTD 1/16/03, as amended; James C. Buckner as Co-Trustee under the Robert C. Buckner Trust; James C. Buckner as Co-Trustee under the Celia M. ...
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