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School Concurrency Proportionate Share Mitigation Agreement With The School Board of Hernando County, Florida, and Lee Pedone, an Individual, Lee Kelso Pedone as Trustee of Lee Kelso Pedone Trust Dated June 24, 2021, as Amended, and Ariana Dairy Farm, Inc., for Ariana Estates Subdivision
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BRIEF OVERVIEW
During the School Board of Hernando County, Florida’s review of this School Concurrency application, it was found that, based on the adopted Level of Service Standards, adequate school capacity for eight (8) high school students projected to be generated by the development is not available within the school Concurrency Service Area(s) in which the Proposed Development is located nor within any contiguous school Concurrency Service Area(s). Additionally, adequate school capacity was found not to be in place or under actual construction within three (3) years after the Local Government’s approval of the Proposed Development.
Hernando County, the School Board, Lee Pedone, and Airana Dairy Farm, Inc. must enter into the attached School Concurrency Proportionate Share Agreement to provide mitigation options to satisfy the deficit in available school capacity and allow the Certificate of Concurrency to be issued for the subject development which is generally located at 3474 Kettering Road.
FINANCIAL IMPACT
A matter of policy. There is no financial impact for the subject agreement.
LEGAL NOTE
The Board is authorized to act on this matter pursuant to Chapter 125, Florida Statutes.
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RECOMMENDATION
It is recommended that the Board approve and authorize the Chairman’s signature on the attached School Currency Proportionate Share Mitigation Agreement for the Ariana Estates Subdivision.