Common Contracts
1 similar Entitlements Agreement contracts
Council CommunicationEntitlements Agreement • August 1st, 2014 • Florida
ETC XII, LLC owns a property with street addresses of 77521 Overseas Highway on Lower Matecumbe Key with Real Estate Number 00397140-000000, locally known as Tarpon Point (the “Property”). Prior to the approval of SP-05-18, there existed a motel, locally known as Star of the Sea, which contained twenty-one (21) dwelling units. On October 27, 2006, Site Plan SP- 05-18 was approved which allowed for the redevelopment of twelve (12) single-family residential units on site. Therefore, there are nine (9) remaining undeveloped units associated with the Property. A disagreement has arisen between the developer and the Village regarding the character (market rate, affordable or transient units) of the nine (9) remaining undeveloped units. Accordingly, the Village and developer have proposed entering into a development agreement pursuant to Chapter 163, Florida Statutes, to determine the character of the remaining undeveloped units associated with the Property.
