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Jennifer W. Shuler, County Attorney <br />Susan J. Prado, Deputy County Attorney <br />Christopher A. Hicks, Assistant County Attorney <br />0ice Of Public Hearing 3/25/2025 <br />INDIAN RIVER COUNTY <br />MEMORANDUM <br />TO: Board of County Commissioners <br />THROUGH: John A. Titkanich, Jr., County Administrator <br />FROM: Susan J. Prado, Deputy County Attorney <br />DATE: March 6, 2025 <br />ATTORNEY <br />SUBJECT: Second Public Hearing — Proposed Developer's Agreement Between Meritage <br />Homes of Florida, Inc. and Indian River County <br />This is the second of two public hearings required by Florida Statute Section 163.3225 for the <br />approval of a proposed developer's agreement. The first public hearing was held on March 11, 2025. <br />Lakeside West is a proposed residential planned development consisting of 201 Single Family lots to <br />be located north of 25th Street SW on the west side of 43rd Avenue SW. This project is proposed to <br />be constructed in 2 phases. Phase 1 contains 153 units and phase 2 contains 48 units. Developer <br />understands that as part of the development process they are to provide or pay for their fair share of <br />the cost that the County would otherwise incur to accommodate the new growth as well as the <br />provision for required improvements to accommodate their new proposed development. The required <br />improvements and contributions for the proposed development are contained in the attached proposed <br />Developer's Agreement. <br />Funding: The cost of recording the Developer's Agreement is estimated to be $282.00 and will be <br />funded from the Planning and Development Services budget within the MSTU Fund/County <br />Planning/Recording Fees, Account No.: 00420515-034830. The cost of publication of the required <br />public notice for the public hearing(s) is estimated to be $262.72. The cost will be funded from the <br />Planning and Development Services budget within the MSTU Fund/County Planning/Legal Ads, <br />Account No.: 00420515-034910. <br />Account Description <br />Account Number <br />Amount <br />MSTU Fund/County <br />00420515-034830 <br />$282.00 <br />Planning/Recording Fees <br />MSTU Fund/County Planning/Legal <br />00420515-034910 <br />$262.72 <br />Ads <br />255 <br />