Item Coversheet

Charlotte County Board Of County Commissioners
Agenda Item Summary

Item Number: U - 2.

1DEPARTMENT MAKING REQUEST2MEETING DATE
Land Use Public Hearing - 2:009/19/2017
3REQUESTED MOTION/ACTION

Approve 3rd Amended Developer's Agreement for Brookwood River Club, LLC, for River Club Subdivision, under Petition #FP-04-05-10. Quasi-judicial

**Deleted, 9/12/17**

4AGENDA5IS THIS ITEM BUDGETED ( IF APPLICABLE ) - False
ConsentBudget Action
No action needed.

Financial Impact Summary Statement

None.

Detailed Analysis Attached
- False

Budget Officer-
6BACKGROUND ( Why is this Action Necessary, and What Action will be accomplished )

River Club is a 350-lot residential subdivision located north and south of Westchester Boulevard, east of Melissa Court, and west of Oakview Drive, in Section 19, Township 40 South, Range 23 East, in Commission District I.

 

 The project received Final Plat approval from the Charlotte County Board of County Commissioners on February 14, 2006. Charlotte County holds a Developer’s Agreement (AGR 2006-006) from the developer that is expiring. The developer has provided surety in the amount of $530,461.53 for the unfinished portion of the infrastructure.

 


 Brookwood River Club, LLC has requested to amend the existing Developer’s Agreement to extend it for an additional two (2) years. The original Agreement was amended and extended for two years in 2009, for four years in 2011, and for two years in 2015. Due to the poor economy, this project is taking longer than expected to complete.

 

Community Development recommends approval of the 3rd Amended Developer’s Agreement for Petition #FP-04-05-10.

ATTACHMENTS:
File NameDescriptionUpload DateType
FP-04-05-10_recorded_DA___bond-original.pdfOriginal agreement1/23/2017Backup Material
FP-04-05-10_recorded_1st_amended_DA2011.pdf1st amendment1/23/2017Backup Material
FP-04-05-10_recorded_2nd_amended_DA2015.pdf2nd amendment1/23/2017Backup Material
FP-04-05-10_RiverClub_cover_memo_2017.pdfStaff Report8/10/2017Backup Material
FP-04-05-10_3rdAmendedDA_bond.pdf3rd Amended DA & bond7/27/2017Backup Material
FP-04-05-10_plat.pdfPlat7/27/2017Backup Material
River_Club_Power_Point.pdfPowerPoint Presentation8/14/2017Backup Material