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d. Future Property Owners <br />The future property owners are those who will own property in the proposed District. These future <br />property owners will be affected to the extent that the District allocates debt for the construction of <br />infrastructure and undertakes operation and maintenance responsibility for that infrastructure. <br />The proposed District will serve land that comprises an approximately 502.47 +/- acre master planned <br />mixed-use development currently anticipated to contain a total of approximately 913 residential <br />dwelling units and 208,900 square feet of commercial/office space, although the development plan <br />can change. Assuming an average density of 3.5 persons per residential dwelling unit, the estimated <br />residential population of the proposed District at build out would be approximately 3,196 +/- and all <br />of these residents as well as the landowners within the District will be affected by the ordinance. The <br />County, the proposed District and certain state agencies will also be affected by or required to comply <br />with the ordinance as more fully discussed hereafter. <br />4.0 A good faith estimate of the cost to the agency, and to any other state and local <br />government entities, of implementing and enforcing the proposed ordinance, and any <br />anticipated effect on state or local revenues. <br />The County is establishing the District by ordinance in accordance with the Act and, therefore, there <br />is no anticipated effect on state or local revenues. <br />4.1 Costs to Governmental Agencies of Implementing and Enforcing Ordinance <br />Because the result of adopting the ordinance is the establishment of an independent local special <br />purpose government, there will be no significant enforcing responsibilities of any other government <br />entity, but there will be various implementing responsibilities which are identified with their costs <br />herein. <br />State Governmental Entities <br />The cost to state entities to review or enforce the proposed ordinance will be very modest. The <br />District comprises less than 2,500 acres and is located within the boundaries of the County. Therefore, <br />the County (and not the Florida Land and Water Adjudicatory Commission) will review and act upon <br />the Petition to establish the District, in accordance with Section 190.005(2), F.S. There are minimal <br />additional ongoing costs to various state entities to implement and enforce the proposed ordinance. <br />The costs to various state entities to implement and enforce the proposed ordinance relate strictly to <br />the receipt and processing of various reports that the District is required to file with the State and its <br />various entities. Appendix A lists the reporting requirements. The costs to those state agencies that <br />will receive and process the District's reports are minimal because the District is only one of many <br />governmental units that are required to submit the various reports. Therefore, the marginal cost of <br />processing one additional set of reports is inconsequential. Additionally, pursuant to section 189.064, <br />F.S., the District must pay an annual fee to the State of Florida Department of Economic Opportunity <br />which offsets suchcosts. <br />117 <br />