Item Coversheet



BOCC AGENDA ITEM

Item Title:Amelia Concourse Parcel L internal transfer
Date:4/10/2017
Department:Planning and Economic Opportunity
Background:

The Board of County Commissioners of Nassau County, Florida, enacted Ordinance No. 2000-37 to provide for the creation of Assessment Areas and authorize the imposition of special assessments to (1) fund the construction of Local Improvements to benefit property located in proposed Assessment Areas and (2) the cost of maintaining such Local Improvements.

On November 10, 2003, the Board of County Commissioners of Nassau County, Florida, imposed special assessments within the Amelia Concourse Assessment Area by its Resolution No. 2003-141. Pursuant to that certain Development Agreement, dated as of September 8, 2003, among the County and the property owners within the Amelia Concourse Assessment Area, the property owners within the Amelia Concourse Assessment Area are limited to developing their property to the extent of daily trips (measured in ERUs) assigned to such parcels for purposes of imposing the Assessments

465 ERUs are assigned to Parcel L of the Amelia Concourse MSBU. Of those 465 ERUs 332 ERUs remain unused. The ownership of the un-built portion of Parcel L is now fractured. As such, with the transfer of land there was a division of the remain ERUs between property owners within Parcel L. This Resolution formalizes the assignment of ERUs  internal to Parcel L. No ERUs are eing transferred in to or out of Parcel L. 


Request:
Approve a Resolution of the Board of County Commissioners of Nassau County, Florida, relating to the Amelia Concourse Assessment Area; amending Resolution No. 2003-141 to provide for the transfer of erus among properties in the Amelia Concourse Assessment Area; providing for conflicts and severability; and providing an effective date.
Financial/Economic Impact to Future Years Budgeting Process or Effect on Citizens:
The financial/economic impact to future years budgeting process of effect on Citizens should not change due to the fact that the reallocation of daily trips (measured in ERUs) is internal.  Previously, 332 ERUs were assigned to one parcel 30-2N-28-0000-0001-0040 owned by Amelia Concourse SPE LLC. The new assignment of daily trips/ERUs is proposed to be broken into two parts, 153 ERUs assigned to 30-2N-28-0000-0001-0050 owned by DFH Amelia LLC and 179 ERUs assigned to the original parcel 30-2N-28-0000-0001-0040 owned by Amelia Concourse SPE LLC.
Action Requested and Recommendation:

Consider a resolution formally allocating 332 ERUs to specific sub-parcels within Parcel L of the Amelia Concourse MSBU as follows:

153 ERUs to DFH Amelia LLC for use on a portion of Parcel L identified by Tax Parcel Number 30-2n-28-0000-0001-0050.

179 ERUs to Amelia Concourse SPE LLC for use on a portion of Parcel L identified by Tax Parcel Number 30-2n-28-0000-0001-0040.

Staff recommends the Board approve the Resolution.

Is this action consistent with the Nassau County Comprehensive Land Use Plan?
Yes
Funding Source:
Fee neutral
Additional Information Needed for Contracts/Agreements (If Applicable)
Contract Number assigned by Contracts Management:
For non-governmental agencies, has the document been sent to the vendor for signature?
Does the document need to be recorded? If so, who will pay the recordation fee?
The Resolution shall be recorded after adoption. 
Are there any special mailing instructions? (Include contact name, address, deadline for submittal, how to mail such as express mail, FedEx, etc):
How many originals are needed?
ATTACHMENTS:
DescriptionUpload DateType
Resolution3/20/2017Cover Memo