TO: Honorable Mayor & Members of the North Port Commission
FROM: Peter D. Lear, CPA, CGMA, City Manager
TITLE: Partial Assignment (Related to Fire Station No.1) of West Villages Developer Agreement (Post Annexation).
Recommended Action
Approve the Partial Assignment (Related to Fire Station No. 1) of West Villages Developer Agreement (Post Annexation).
Background Information
In March of 2020 the West Villages Developer Agreement (Post Annexation) was signed. The attached partial assignment agreement modifies the post annexation agreement as specified and provides for the Developer to assume some of the rights, duties, liabilities, and obligations as specified. This partial assignment provides flexibility to the District and the Developer that will provide shared savings for the West Villages Fire Station project.
The City Attorney has approved to form and content.
Strategic Plan
Create and sustain a safe and healthy environment for residents and visitors of North Port.
Financial Impact
There is no negative financial impact.
Procurement
Attachments:
1. Partial Assignment (Related to Fire Station No.1) of West Villages Developer Agreement (Post Annexation)
2. West Villages Developer Agreement (Post Annexation)
Prepared by: Scott Titus, Fire Chief
Department Director: Scott Titus, Fire Chief