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Interlocal Agreement With Waterford Community Development District for Escheated Properties
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BRIEF OVERVIEW
On May 10, 2022, the Board approved an ordinance establishing the Waterford Community Development District (CDD). At that time the Board requested the applicant enter into an agreement with the County governing escheated properties within the Waterford CDD. Attached is the agreement for approval by the Board and execution by the Board Chairman.
FINANCIAL IMPACT
A matter of policy.
LEGAL NOTE
The Board has the authority to consider this item under Chapters 125 and 190, Florida Statutes.
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RECOMMENDATION
It is recommended that the Board approve and authorize the Chairman’s signature on the attached interlocal agreement for escheated properties with the Waterford Community Development District.