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Utility Agreement Between Hernando County Water and Sewer District and 75 Cortez, LLC, for I-75 and Cortez Boulevard Offsite Force Man Improvement Project Located on Nature Coast Boulevard to Old Trilby Road
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BRIEF OVERVIEW
Developer 75 Cortez, LLC is developing a commercial and industrial subdivision within Hernando County known as 1-75 & Cortz Blvd. (“project”), which will consist of ten (10) commercial outparcels and approximately 26-acres of industrial property with a maximum 800,000 square feet of proposed industrial building(s). The developer desires to connect its development to the District’s wastewater collection, transmission, and treatment system. The proposed Utility Agreement meets certain performance conditions required as part of the project’s conditional plat approval granted by the Planning and Zoning Commission on October 7, 2024. Per the Agreement, the Developer will improve an existing 6-inch force main to provide capacity for the project.
STRATEGIC PLAN INITIATIVES
N/A
FINANCIAL IMPACT
Funding in the amount of $1,265,865.04 will be available in the following account upon approval of the attached Budget Transfer:
Expense:
Fund B411- HCUD Water and Sewer, Department 200 - 14104 HCUD Connection Fee-Sewer, Account 566323 - Improv-WWTP/Liftstation
LEGAL NOTE
The Board has the authority to act on this matter pursuant to Chapter 125, Florida Statutes.
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RECOMMENDATION
It is recommended the Board approve and authorize the Chairman’s signature on the attached Utility Agreement with 75 Cortez, LLC for the improvements along the western side of Nature Coast Boulevard to Old Trilby Road. It is also recommended the Board approve the attached associated Budget Transfer.