TO: Honorable Mayor & Members of the North Port Commission
FROM: A. Jerome Fletcher II, ICMA-CM, MPA
TITLE: A Resolution of the City Commission of the City of North Port, Florida, Accepting the Conveyance of a Water Treatment Plant, Associated Warranties and Intangible Property, as Well as ?6.80 Acres of Real Property Located North of Manasota Beach Road and Described as a Tract of Land Lying in Section 9, Township 40 South, Range 20 East, Bearing Sarasota County Property Appraiser Parcel Identification Number 0809060100; Providing for Filing of Documents; Providing for Conflicts; Providing for Severability; and Providing an Effective Date.
Recommended Action
Approve Resolution No. 2023-R-38 as presented and authorize the City Manager and/or Mayor to execute all necessary documents as required by the contract and/or conveyance documents.
Background Information
On March 29, 2005, Fourth Quarter Properties, XXXII, L.L.C. entered into an Interim Utilities Agreement to reserve initial capacity for the development of the Thomas Ranch Project. Development ensued based on the City's commitment to serve 5,600 ERCs of water permanently and 3,600 ERCs of wastewater on a temporary basis until the West Villages Improvement District (WVID) wastewater treatment plant could be built. On February 27, 2007, the Interim Utilities Agreement was replaced by the Amended and Restated Utility Agreement and contemplated a new wastewater treatment plant and water treatment plant to be constructed by the WVID and dedicated at no cost to the City. Several amendments to the agreement were approved between May 29, 2007, and September 13, 2010.
In 2014 Mattamy Sarasota, LLC purchased the property under the name Thomas Ranch Land Partners North Port, LLLP, subsequently becoming Manasota Beach Ranchlands, LLLP. To recognize the significant changes that have taken place and bring all terms current, the WVID, West Villages, LLLP and the City entered into the 2019 Amended and Restate...
Click here for full text