Laserfiche WebLink
Board of County Commissioners Meeting Minutes - Final March 15, 2022 <br />B. Emergency Services <br />C. General Services <br />D. Human Resources <br />E. Information Technology <br />F. Office of Management and Budget <br />G, Public Works <br />H. Utilities Services <br />13. COUNTY ATTORNEY MATTERS <br />13.A. 22-0217 Community Development Districts <br />Recommended Action: The County Attorney's Office recommends the Indian River County Board of <br />County Commissioners provide guidance on how to proceed with respect to <br />Community Development Districts. <br />Attachments: Staff Report <br />County Attorney Dylan Reingold recapped the discussions which predated this item <br />regarding Community Development Districts (CDD), including the December 7, <br />2021 public hearing before the Board, and the February 10, 2022 staff -led <br />workshop. He noted staffs reservations included concern for the already <br />record -level development in the County, as well as costs to home buyers; however, <br />staff agreed that CDDs were appropriate for large developments (500+ acres), those <br />with significant public infrastructure, or Traditional Neighborhood Developments. <br />Attorney Reingold sought direction regarding whether the Board supported CDDs <br />as a financing mechanism, as well as input on future applications and next steps. <br />Chairman O'Bryan received input from Attorney Reingold on examples of <br />negotiated developer agreements such as additional disclosure requirements. The <br />Chairman stated he favored reserving CDDs for large developments (500+ acres) <br />which provided considerable public benefits beyond those already required by the <br />County. While he acknowledged that CDDs could provide for ongoing maintenance <br />of amenities and stormwater systems, the Chairman was wary of transferring risks <br />onto homeowners, and of receiving backlash from surprised buyers. He <br />recommended that staff continue to work on setting standards for CDDs in <br />anticipation of a future significant development proposal. <br />Indian River County Florida Page 12 <br />