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Ordinance Establishing Lake Hideaway II Community Development District
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BRIEF OVERVIEW
The County has received a petition from Hawk Lake Hideaway, LLC to establish the Lake Hideaway II Community Development District (CDD) on approximately 304.22 acres east of U.S. Hwy 19/Commercial Way, west of Suncoast Parkway, south of Hexam Road and north of Cortez Boulevard. The Board of County Commissioners is required to hold a public hearing and make the following findings in order to grant the petition to establish the CDD:
1. The statements in the petition have been found to be true and correct.
2. The establishment of the CDD is consistent with the local comprehensive plan.
3. The area of land proposed for the CDD is of sufficient size, sufficiently compact, and sufficiently contiguous to be developed as a functional community.
4. The CDD is the best alternative for delivering CDD services and facilities to be served by the district.
5. The CDD services and facilities are compatible with the capacity and uses of the existing local and regional services and facilities.
6. The area to be served is amenable to the establishment of the CDD.
The Board will need to review the request in accordance with the standards and requirements contained in Chapter 190, Florida
FINANCIAL IMPACT
A matter of policy.
LEGAL NOTE
The Board has the authority to act on this matter pursuant to Chapter 190, Florida Statutes.
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RECOMMENDATION
It is recommended that the Board consider the statutory criteria in Section 190.005(1)(e), F.S. and the request for additional authority under Section 190.012(2), F.S., conduct a public hearing, and determine whether to adopt the ordinance creating the Lake Hideaway II CDD. It is further recommended that the Board approve and authorize the Chairman’s signature on the attached associated ordinance.