TO: Honorable Mayor & Members of the North Port Commission
FROM: A. Jerome Fletcher II, ICMA-CM, MPA, City Manager
TITLE: Approve the Water and Wastewater System Standard Developer's Agreement Addressing Onsite and Offsite Facilities By and Between the City of North Port, Florida, and Forestar (USA) Real Estate Group Inc.
Recommended Action
Option 1: Approve the Water and Wastewater System Standard Developer's Agreement Addressing Onsite and Offsite Facilities By and Between the City of North Port, Florida, and Forestar (USA) Real Estate Group Inc. as presented.
City Commission Options
Option 1: Approve the Water and Wastewater System Standard Developer's Agreement Addressing Onsite and Offsite Facilities By and Between the City of North Port, Florida, and Forestar (USA) Real Estate Group Inc. as presented.
* Pros: Allows the project to proceed with established terms for water and wastewater service. Ensures Equivalent Residential Connection (ERC) assignments; capacity payments; and infrastructure requirements are clearly documented.
* Cons: Potential community opposition regarding more development and/or specific use of land.
Option 2: Deny the Water and Wastewater System Standard Developer's Agreement Addressing Onsite and Offsite Facilities By and Between the City of North Port, Florida, and Forestar (USA) Real Estate Group Inc. as presented.
* Pros: Avoid additional development within the City.
* Cons: May delay project timelines, impede downstream improvements, and reduce associated revenue.
Background Information
Forestar (USA) Real Estate Group, Inc. (Forestar) has expressed desire to develop land in the northeast quadrant of the City. Their overall development plan for Star Farms at North Port is proposed to include 3,598 dwelling units, an 18-hole golf course, and up to 40,000 square feet of commercial uses. The project will be developed in phases with the first phase, Phase I, containing 900 dwelling units.
This Agreement obligates Fores...
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