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School Concurrency Proportionate Share Mitigation Agreement With The School Board of Hernando County, Florida, and GTC, LLLP, a Florida Limited Liability Limited Partnership, for Rolling Rock Townhomes
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BRIEF OVERVIEW
GTC, LLLP submitted an application for a Conditional Plat for Rolling Rock Townhomes (Application No. 1498214) for 76 townhome units to be constructed on Parcel Key No. 01747024. The conditional plat was reviewed by various County agencies and found to be consistent with County standards.
During the School Board of Hernando County, Florida, review of the School Concurrency application, it was found that, based on the adopted Level of Service Standards, adequate school capacity for four (4) 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 of Hernando County, and GTC, LLLP 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.
FINANCIAL IMPACT
There is no financial impact for the subject agreement.
LEGAL NOTE
The Board may consider the associated agreement in accordance with Chapter 125, Florida Statutes.
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RECOMMENDATION
It is recommended that the Board approve and authorize the Chairman’s signature on the Proportionate Share Mitigation Agreement.