ORD 91-48
LEGAL I APPROVAL DOCUMENTS
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Rev 7/16/91
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ORDINANCE NO 091-~
AN ORDINANCE OF THE CITY COMMISSION OF
THE CITY OF BOYNTON BEACH, FLORIDA,
ESTABLISHING THE QUANTUM COMMUNITY
DEVELOPMENT DISTRICT; ESTABLISHING THE
BOUNDARIES OF THAT DISTRICT; APPOINTING
THE INITIAL BOARD OF SUPERVISORS;
PROVIDING FOR POWERS OF THE BOARD;
PROVIDING FOR CONFLICTS, SEVERABILITY,
CODIFICATION AND AN EFFECTIVE DATE
WHEREAS, on May 10, 1991, Quantum Associates, a Florida
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:peneral Partnership, QRA, Inc , and Quantum Property Owner's
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~ssociation, Inc , both Florida corporations, submitted a
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petition to the City for the creation of a community
~evelopment district for Quantum Corporate Park ("QUANTUM")
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i~n accordance with Section 190 005(2)(a), Florida Statutes;
knd
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il WHEREAS, the petition which is attached hereto as
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,EXhibit "A" and made a part hereof contains the information
~keqUired in Section 190 005(1)(a), Florida Statutes; and
I WHEREAS, a public hearing on the petition was conducted
~y the City Commission on May 28, 1991 at City Hall in
~ccordance with the requirements of Sections 190 005 (2) (b)
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rnd 190 005 (l)(d), Florida Statutes; and
II WHEREAS, the City Commission has reviewed the six (6)
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'factors set forth in Section 190 005(1)(e) and the record of
:~he public hearing held on May 28, 1991 in making its
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i l:letermination as to whether to grant or deny the
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establishment of the Quantum Community Development District;
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:1 WHEREAS, the City Commission has determined that
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! 1 That all statements contained within the
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petition have been found to be true and correct
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That the creation of the District is not
ilnconsistent with any applicable element or portion of the
rtate Comprehensi ve Plan or of the effective local
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'9overnment comprehensive plan
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3. That the land within the proposed District is of
sufficient size, sufficiently compact and sufficiently
contiguous to be developable as one functional interrelated
community
4 That the creation of the District is the best
alternative
available
for
delivering
the
community
development services and facilities to the Quantum Corporate
park
5 That the proposed services and facilities to be
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provided by the District are not incompatible with the
capacity and uses of existing local and regional community
~ervices and facilities
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i 6 That the area identified in the Petition is
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amenable to be included in the proposed District; and
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I WHEREAS, the City Commission has determined that the
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~reation of the Quantum Community Development District would
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~e consistent with the criteria for community development
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~istricts as set forth in the Uniform Community Development
:histrict Act of 1980;
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OF THE CITY OF BOYNTON BEACH, FLORIDA, THAT:
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NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION
Section 1
Each whereas clause set forth above is
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~rue and correct and herein incorporated by this reference
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Section 2
In accordance with the provisions of
'Chapter 190, Florida Statutes, the City Commission of the
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City of Boynton beach, Florida hereby establishes a
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~ommunity
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development district as follows
CREATION AND NAME There is hereby created a
Community Development District to be known as
tne QUANTUM COMMUNITY DEVELOPMENT DIS~RIC~.
BOUNDARIES OF DISTRICT The land area to be
served by the District comprises
approximately 504 acres It is located east
of Congress Avenue immediately west of
Interstate 95 and south of Miner Road A map
showing the location of the land area to be
serviced by the District is attached as
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Composi te Exhibit "B" All of the land in
the proposed D~strict is within the City of
Boynton Beach, Florida The metes and bounds
legal description of the boundaries of the
District is attached as Exhibit "c"
BOARD OF SUPERVISORS The initial Board of
Supervisors are as follows Their terms,
powers and duties are as described in Chapter
190, Florida Statutes
(a) R Scott Ireland
1125 N E 125th Street
North Miami, Florida 33161
(b) J Berle Oster, Esquire
27 S E 24th Avenue, Ste 5
Pompano Beach, Florida 33062
(c) Steven W Deutsch
1900 S E 17th Street
Ft Lauderdale, Florida 33316
(d) Harold C Morrison
5841 Margate Boulevard
Margate, Florida 33063
(e) Philip R Augustyn
1900 S E 17th Street
Ft Lauderdale, Florida 33316
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Section 3
The Board of Supervisors shall have only such
f' owers as set forth in Florida Statutes 190 011 and 190 012
Section 4 That all ordinances or parts of ordinances in
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:Fonflict herewith be and the same are hereby repealed
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:1 Section 5 Should any section or provision of this
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;rrdinance or portion hereof, any paragraph, sentence, or word be
beclared by a court of competent jurisdiction to be invalid, such
~ecision shall not affect the remainder of this ordinance
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ordinance
Authority is hereby granted to codify said
Section
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This
ordinance
shall
become
effective
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~rnrnediatelY upon passage
FIRST READING this ~
day of
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1991
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Rev 7/16/91
SECOND, FINAL READING and PASSAGE this /~ day of
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~~7 , 1991
CITY OF BOYNTON BEACH, FLORIDA
~tJ~v~Po
Mayor
,'-"d~ttJ"tw,< {fete! Ale/,
Vice Mayor
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JTTEST
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d--~"4'" 97t':~~- ,~-
""t1 ...lerk
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I( Corporate S9a1)
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QUANTUM CDD
~EV 7/2/91
QUANTUM
09 j- -'II
May 10,1991
Honorable Mayor and City Commissioners
City of Boynton Beach
Palm Beach County, Florida
Dear Mayor and Commissioners
Enclosed is a Petition to Create the Quantum Community Development District,
submitted in accordance with Chapter 190 005, Florida Statutes References to
the potable water and sewer systems 9f Quantum Corporate Park are included in
this Petition because of the language contained in Florida
Statutes 190005(1 )(a)(5) The Petitioners herein only intend to convey to the
District whatever right, title and interest, if any, they own.
Based upon the information contained in this Petition, we request that the City of
Boynton Beach find the following facts, necessary to establish the District:
1 That all statements contained within the Petition have been found to
be true and correct,
2, That the creation of the District is not inconsistent with any
applicable element or portion of the State Comprehensive Plan or the effective
local government comprehensive plan To assist you in that determination, we
have enclosed Chapter 187, Florida Statutes (which is the State Comprehensive
Plan) as an exhibit to the Petition and highlight for your consideration that this
Petition in fact is not inconsistent with the appropriate sections of the Plan
dealing with infrastructure delivery, growth management, government efficiency
and plan implementation The specific policies addressing the above areas are
16 ~Iand use), 18 (public facilities), 21 (governmental efficiency), and 26 (plan
implementation) We also believe the creation of the District is not inconsistent
with any element of your local plan
3, That the land area within the proposed District is of sufficient size,
sufficiently compact and sufficiently continguous to be developable as one
functional related community
1900 SOUTHEAST 17th STREET CAUSEWAY, FORT LAUDERDALE, FLORIDA 33316
POST OFFICE BOX 21703, FORT LAUDERDALE, FLORIDA 33335-1703
(305) 763-8888 * FAX (305) 763-8996
A' "....
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Honorable Mayor and City Commission
May 10,1991
Page Two
4 That the creation of the District is the best alternative available for
delivering the community development services and facilities to the Quantum
Corporate Park,
5. That the proposed services and facilities to be provided by the
District are not incompatible with the capacity and uses of existing local and
regional community services and facilities.
6. That the area identified in the Petition is amenable to be included in
the proposed District,
We respectfully request the City Commission consider an ordinance for adoption
to create the Quantum Community Development District,
Respectfully submitted,
QUANTUM ASSOCIATES, a Florida general partnership
By QUANTUM-Oil, L TO , a Florida limited partnership,
as General Partner
By
DEUTSCHIIR
Its General
o COMPANIES, L.C .
By'
er
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Edward B Deutsch, an
EBD'dlm
cc Honorable Mayor and City Commission
Mr J Scott Miller, City Manager
James A. Cherof, Esq., City Attorney
Ms Carrie Parker, Assistant City Manager
Ms Sue Kruse, City Clerk
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AMENDED PETITION TO ESTABLISH
QUANTUM COMMUNITY DEVELOPMENT DISTRICT
Petitioners, Quantum Associates, a Florida general partnership, Quantum
Park Property Owners' Association, Inc" a Florida corporation not-for-profit, and
QRA, Inc" a Florida corporation, petition the City of Boynton Beach, Florida, a
Florida municipal corporation (hereinafter referred to as the "City"), pursuant to
the Uniform Community Development District Act of 1980, Chapter 190, Florida
Statutes, to adopt an ordinance to establish a Uniform Community Development
District and to designate the land area for which the District would manage and
finance basic service delivery, and states as follows
1 (a) Petitioner, Quantum Associates is a Florida general partnership with
its principal place of business at 1900 Southeast 17 Street, Fourth Floor, Fort
Lauderdale, Florida 33316.
1 (b) Petitioner, Quantum Park Property Owners' Association, Inc" is a
Florida corporation not-for-profit, with its principal place of business at 1900
Southeast 17 Street, Fourth Floor, Fort Lauderdale, Florida 33316.
1 (c) Petitioner, QRA, Inc., is a Florida corporation with its principal place
of business at 1900 Southeast 17 Street, Fourth Floor, Fort Lauderdale, Florida
33316.
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2. The land area to be served by the District comprises approximately
504 acres It is located east of Congress Avenue immediately west of
Interstate 95 and south of Miner Road A map showing the location of the land
area to be serviced by the District is attached as Composite Exhibit "1" and
Exhibit 11-A" All of the land in the proposed District is within the City of Boynton
Beach, Florida.
3, A metes and bounds legal description of the external boundaries of
the District is attached as Exhibit "211 Exhibit 11311 lists the legal descriptions and
names and addresses of real property within the external boundaries of the
District which are to be excluded from the District. The impact on these parcels
of the District is positive in that the facilities provided by the District and perpetual
maintenance of same is assured, all within an aesthetically pleasing unified
development.
4 Attached as Exhibit 11411 is documentation constituting written
consent to the establishment of the District by all of the owners of the real
property to be included in and servicE' oj by the District.
5, The five persons designated to serve as the initial members of the
board of supervisors of the District, who shall serve in that office until replaced by
elected members, as provided in Section 190 006, Florida Statutes, are
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(a) R. Scott Ireland
1125 Northeast 125 Street
North Miami, Florida 33161
(b) J. Berle Oster, Esq.
27 Southeast 24 Avenue, Suite 5
Pompano Beach, Florida 33062
(c) Steven W Deutsch
1900 Southeast 17 Street
Fort Lauderdale, Florida 33316
(d) Harold C Morrison
5841 Margate Boulevard
Margate, Florida 33063
(e) Philip R. Augustyn
1900 Southeast 17 Street
Fort Lauderdale, Florida 33316
6. The proposed name of the District is Quantum Community
Development District.
7 The major trunk water mains, sewer interceptors, and outfalls
currently in existence on the property to be serviced by the District are identified
on Exhibit "5," attached hereto
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8, Certain portions of the services and facilities of the District are in
place and completed, Additional facilities are anticipated to be completed within
eighteen (18) months. Estimated costs of construction and acquisition are set
forth in Exhibit "6," attached hereto
9 The public and private uses of land proposed within the District, as
set forth in the Master Site Plan attached as Composite Exhibit "1" and
Exhibit 11-A," are consistent with the future Land Use Plan of the City of Boynton
Beach and are in compliance with the local government comprehensive plan (as
well as the State Comprehensive Plan) The applicable zoning designations of
the subject property is PID and PCD under the City of Boynton Beach Land Use
Element.
10 The statement of estimated economic impact of the granting of this
Petition and the establishment of the District pursuant thereto is attached as
Exhibit "7"
11 In conjunction with the filing of this Petition, the Petitioners have
submitted the required filing fee to the City
WHEREFORE, Petitioners respectfully request the City to
A. Schedule a public hearing to consider this Petition within
forty-five (45) days after the date of filing pursuant to the uniform procedures set
forth in Section 190.005, Florida Statutes, and
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B Grant the Petition and adopt an ordinance to establish the District
and designate the land area to be serviced by the District. pursuant to
Section 190 005, Florida Statutes, by making the following findings of fact:
(1) That all statements contained within the Petition have been
found to be true and correct,
(2) That the creation of the District is not inconsistent with any
applicable element or portion of the State Comprehensive Plan or the effective
local government comprehensive plan.
(3) That the land area within the proposed District is of sufficient
size, sufficiently compact and sufficiently continguous to be developable as one
functional related community
(4) That the creation of the District is the best alternative
available for delivering the community development services and facilities to
Quantum Corporate Park.
(5) That the proposed services and facilities to be provided by
the District are not incompatible with the capacity and uses of existing local and
regional community services and facilities.
(6) That the area identified in the Petition is amenable to be
included in the proposed District.
Respectfully submitted this 10th day of May, 1991
QUANTUM ASSOCIATES, a Florida general partnership
By' QUANTUM-OIl, L TO, a Florida limited partnership, as General
Partner
By
DEUTSC~/IR NO COMPANIES, L.C, a Florida limited
liability com~ General Partner
By' ~~
Edward B Deutsch, Managmg Member
QUANTUM PARK PRO~PWNERS' ASSOCIATION, INC ,
a Florida corporation not- -profit
By' ~~
Edward B. Deutsch, President
QRA, INC , a Florida corp~n
By' ~
Edward B. Deutsch, President
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Exhibit "21
Quantum Community Development District
Master leoal Description
All of the property platted under the following described 13 Plats
1 Quantum Park at Boynton Beach, P I.D Plat No 1-A, recorded in
Plat Book 57, Pages 180 and 181, in the Public Records of Palm Beach County,
Florida.
2. Quantum Park at Boynton Beach, P I.D Plat No 1, recorded in Plat
Book 57, Pages 182 and 183, in the Public Records of Palm Beach County,
Florida.
3. Quantum Park at Boynton Beach, P I.D Plat No 2, recorded in Plat
Book 57, Pages 184 and 185, in the Public Records of Palm Beach County,
Florida.
4 Quantum Park at Boynton Beach, P I,D Plat No 3, recorded in Plat
Book 60, Pages 29 through 31, inclusive, in the Public Records of Palm Beach
County, Florida.
5, Quantum Park at Boynton Beach, P 1.0 Plat No 4, recorded in Plat
Book 57, Pages 186 through 188, inclusive, in the Public Records of Palm Beach
County, Florida, less and except that portion thereof that was replatted under
P I. 0 Plat No 10 referenced below
6. Quantum Park at Boynton Beach, P 1.0 Plat No 5, recorded in Plat
Book 57, Pages 189 and 190, subject to Surveyor's Affidavit confirming error on
the said Plat, recorded in Official Records Book 5486, Page 261, all in the Public
Records of Palm Beach County, Florida.
7 Quantum Park at Boynton Beach, P I,D Plat No 6, recorded in Plat
Book 57, Pages 191 through 193, inclusive, subject to Surveyor's Affidavit
confirming error on the said Plat, recorded in Official Records Book 5510, Page
200, and Surveyor's Affidavit confirming error on the said Plat, recorded in Official
Records Book 5486, Page 263, all in the Public Records of Palm Beach County,
Florida, less and except that portion thereof that was replatted under P I D Plat
No 9 referenced below
8. Quantum Park at Boynton Beach, P 1.0 Plat No 7, recorded in Plat
Book 57, Pages 194 and 195, subject to Surveyor's Affidavit confirming error on
the said Plat, recorded in Official Records Book 5486, Page 262, all in the Public
Records of Palm Beach County, Florida, less and except that portion thereof that
was replatted under P I,D Plat No 11 referenced below
9 Quantum Park at Boynton Beach, P I D Plat No 8, recorded in Plat
Book 57, Pages 196 and 197, in the Public Records of Palm Beach County,
Florida.
10 Quantum Park at Boynton Beach, P I 0 Plat No.9, recorded in Plat
Book 60, Pages 32 and 33, in the Public Records of Palm Beach County, Florida,
11 Quantum Park at Boynton Beach, P I D Plat No 10, recorded in
Plat Book 60, Pages 34 through 36, inclusive, in the Public Records of Palm
Beach County, Florida.
12. Quantum Park at Boynton Beach, P 1.0 Plat No 11, recorded in
Plat Book 60, Page 37, in the Public Records of Palm Beach County, Florida.
13. Plat of P C D Center, recorded in Plat Book 60, Pages 106 and
107, in the Public Records of Palm Beach County, Florida.
Together with the following described three parcels
1 A parcel of land lying in Section 21, Township 45 South, Range 43
East, County of Palm Beach, State of Florida, being more particularly described
as follows
The West 40 00 feet of the Northwest one-quarter (NW 1/4) of said Section 21,
bounded as follows
On the North Bya line 567.37' (as measured at right angles to) and parallel with
the existing North right-of-way line of the Boynton Canal, C-16, as said
right-of-way line is described in Deed recorded in Official Records Book 1064,
page 45 of the Public Records of said County;
On the South By a line 421 37' North of (as measured at right angles to) and
parallel with the North right-of-way of said Boynton Canal, C-16;
On the East: By a line 40,00' East of (as measured at right angles to) and
parallel with the West line of the Northwest one-quarter (NW 1/4) of said
Section 21
It is intended that the North line, the East line and the South line of this parcel be
a common line respectively to
a. The Westerly extension of the South line of that certain parcel quit
claimed as Parcel"AII to Quantum Associates and described in
Deed recorded in 0 R.B 5139, page 147, and
b The West line and the Westerly extension of the South line of that
certain parcel conveyed to Nat Gould and described in Deed
recorded in 0 A.B. 2850. page 1598.
and
2, A parcel of land lying in Section 21, Township 45 South. Range 43
East. County of Palm Beach. State of Florida. being more particularly described
as follows
The West 40.00 feet of the Northwest one-quarter (NW 1/4) of said Section 21.
bounded as follows
On the North Bya line 421 37' (as measured at right angles to) and parallel with
the existing North right-of-way line of the Boynton Canal. C-16. as said
right-of-way line is described in Deed recorded in Official Records Book 1064.
page 45, of the Public Records of said County;
On the South By a line 36749' North of (as measured at right angles to) and
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parallel with the North right-of-way of said Boynton Canal. C-16;
On the East: By a line 40.00' East of (as measured at right angles to) and
parallel with the West line of the Northwest one-quarter (NW 1/4) of said
Section 21
It is intended that the North line. the East line and the South line of this parcel be
a common line respectively to
The Westerly extension of the North line, the West line, and the
Westerly extension of the South line of that certain parcel conveyed
to George J and Harriet Gould and described as Parcel 110" in
Deed recorded in Official Record Book 5139, page 0153.
and
3. A Parcel of land lying in Section 21. Township 45 South. Range 43
East. County of Palm Beach. State of Florida and more particularly described as
follows.
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The West 40.00 feet of the Northwest one-quarter (NW 1/4) of said Section 21,
lying north of the North right-of-way line of the Boynton Canal (a perpetual
easement) acquired by the Central and Southern Flood Control District as
recorded in Official Records Book 1064, Page 45 of the Public Records of said
County, and South of a line 36749 feet North of (as measured at right angles) to
the said North right-of-way line, said line also being the North line of that certain
parcel conveyed to Curt G. Joa-Inc" as described in a Deed recorded in Official
Records Book 1711, Page 371 of the Public Records of said County
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Introduction
1.1 Purpose and Scope
This economiC impact statement is an exhibit attached to the petition to establish the
Quantum Community Development District (CDD), The Quantum CnD will be
empowered to finance, construct, or acquire the: (1) surface water management
system, (2) roads (malO road network), collector streets, sidewalks, and lighting, (3)
contribution to an 1.95 10terchange at N W 22nd Avenue, and (4) parks, open space,
and landscap1Og/buffenng, The land is owned or controlled by the petitioner
A Commumty Development Distnct is an mdependent special-purpose District
authorized by Chapter 190, F.S. to be established to plan, finance, construct, acquire,
operate, and ma10tain community-wide infrastructure 10 large planned community
developments. CDDs proVIde a "solution to the state's planning, management, and
financ10g needs for delivery of capital infrastructure to service projected growth
without overburdening other governments and their taxpayers." (SectIOn
190,002(1)(a), F.S,)
A CDD is not a substitute for a local, general purpose, government unit, ie, the City
or County 10 which the CDO lies, A COO lacks the powers of permitting, zomng,
police and many of the other powers possessed by general purpose governments. A
COD's powers are strictly limited to planning, financing, constructing or acquiring,
operating and maintaining community infrastructure,
The 1984 Florida Legislature revised Chapter 190, which governs community
development districts, making it very clear that approval of a COD does not
constitute a development order as per Chapter 380. F.S. In addition, the 1984
LegiSlature decided that:
"Community development districts shall not have the power of local
government to adopt a comprehensive plan, building code, or land development
code, as those terms are defined in the Local Government Comprehensive
Planning Act of 1975. A district shall take no action which is inconsistent with
applicable comprehensive plans, ordinances, or regulations of the applicable
local general purpose government," (Section 190.004(3), F,S.)
Thus, it is clear that a community development district is solely an alternative means
of financing, constructing, acquiring, and operating and ma1Ota101Og community
infrastructure for planned developments. As a result, the scope of this Economic
Impact Statement is also h..nited to evaluating the consequences of creat10g The
Quantum COD The limitation on the scope of this economic impact statement for a
proposed CnD are explicitly set out in Section 190.002(2)(d), F.S, as follows:
That the process of establishing such a district pursuant to uniform general law
shall be fair and based only on factors material to managin~ and financing the
service delivery function of the distnct, so that any matter concerning permitting
or planning of the development shall not be material or relevant".
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1.2 The Development
Quantum is a 575,2825 acre (approximately) mixed-use economic development
project zoned for mIXed commercial-industrial uses, Roughly 56,79 acres of the
economic development land use program will be used for parks, open space, and
conservation. Another 143,21 acres for boulevard, streets, landscaping, lighting, and
sidewalks, The remaming 374,57 acres will serve commercial office, mdustrial, and
research and development (R&D) tenants. The Quantum project is located on an
irregular site in the suburban City of Boynton Beach, The site is bordered by
Interstate 95 and Congress Avenue on the east and west, and by Miner Road and the
C-16 Canal on the north and south,
1.3 The Quantum Commumty Development District
The petitioner has proposed to establish The Quantum CDD to construct or acquire
and maintain some of the infrastructure and community facilities which will be
needed by the property owners and tenants of the project. Table 1 outlines the
proposed plan for financmg, ownership, operations and maintenance of the
infrastructure in the proposed eDD
As noted m Table 1, the District plans to own, operate and/or maintam the (1)
surface water management system, (2) arterial roads (mam road network), collector
streets, sidewalks and lighting, (3) parks, landscaping/buffering, and open space, and
(4) 1-95 interchange, CapItal costs will be defrayed through non-advalorem special
assessments. Expenses for operations and maintenance will be paid through
maintenance assessments.
Table 2 shows the mfrastructure construction timetable and estimated construction
or acquisition costs for the community facilities in the District. The estimates are in
constant 1991 dollars. The petitioner currently envisions one bond issue and expects
to transfer the existing improvements to the COD in one phase.
The financial design of the Quantum eDD was carefully formulated to help assure
that the District will be strong, stable. and can stand alone throughout its lifetime, A
detailed cash-flow model for the proposed district was constructed, The model, which
is proprietary, was used to SImulate a wide range of potential future economIC
conditions under which the proposed district might have to operate, In all cases the
proposed financial structure allowed the Quantum eDD to remain finanCIally strong
and capable of carrying out its obligations. The important features of the financial
design for the proposed Quantum eDD a'o,: discussed on the following page.
As outlined in Table 1, Quantum COD IS projected to finance the acquisition and/or
expansion of the following facilities which will serve Quantum. 1) the surface water
management system, 2) arterIal roads (main road network), arterial streets, sidewalks,
and lighting; 3) an 1-95 interchange at N W 22nd Avenue; (4) parks, open space, and
landscaping/buffering.
The petItIoner will ask the District to finance infrastructure construction and/or
acquisition exclusively through issue of revenue bonds. The bonds will be repaid
through special assessments levied against landowners all benefitted within the
District.
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Funds for District operations and maintenance of District facilities can be generated
via ma10tenance assessments. Additional revenues may also come from user fees. In
this way the property which receives the benefits of District services is the property
which will be obligated to pay for those services.
Finally, the Quantum COD has no plans to issue general obligation debt or to charge
ad valorem taxes. The financial structure of the District is such that there is no need
to use ad valorem taxation.
1 4 Summary of Economic Impacts
Section 120.54(2)(b), F.S. defines the elements an economic impact statement must
contain.
(1) An estimate of the cost to the a~ency of the implementation of the
proposed action. 10cluding the estimated amount of paperwork: (2) An
estimate of the cost or economic benefit to all persons directly affected by the
proposed action. (3) An estimate of the proposed action on competition and
the open market for employment. If applicable: (4) A detailed statement of
the data and method used 10 makin~ each of the above estimates. and (5) An
analYSIS of the Impact on small business as defined in the Florida Small and
Minority Business Act of 1985,
The economic impacts of the proposed Quantum COO are summarized below
2.0 Costs and Benefits of Establishing Quantum Community Development District
2,1 Agency Costs to Implement the Proposed Action
Because the Quantum COD is smaller than 1,000 acres, it does not require review or
action by the Flonda Land and Water Adjudicatory Commission (the Governor and
Cab1Oet). Because the proposed COD is located within the jurisdiction of the
municipal corporation, the COD can be established by the City of Boynton Beach
acting alone, There will be two types of costs incurred by the City of Boynton Beach if
the proposed ~istrict is established as requested by this petItion.
First, the City must review and act upon this petition. ThIS will absorb staff time and
require approval by the City Commission. This petition is the first of its kind that the
City has processed. Therefore the City staff will need some time to familiarize
themselves with COD's formed under Chapter 190 f .S.
Second, the City will incur a small annual cost to review the COD's budget when it IS
submitted for informational purposes each year
If this COD is approved, there also will be some annual costs to State agencies.
Quantum COD will be reqUIred to submit annual financial reports to the Bureau of
Local Government Finance, Office of the Comptroller, just as all other units of
government must do, pursuant to Chapter 218 F,S. In fiscal year 1988-89, the Bureau
of Local Government processed more than 1,000 budgets. The marginal cost of
processing one additional report will be negligible.
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II
2.2 Costs and Benefits to all Directly Affected Persons
Section 120.54(2)(a), F.S, requires that all economic impact statements examine the
costs and benefits to each person directly affected by the pro?Osed rule, in this case
estabhshment of the Quantum COD From an economic perspective, the persons
dvectly affected include local and state governments, builders and developers,
landowners, consumers, and taxpayers.
2,2.1 The State of Flonda and its Citizens - Costs
Beyond the admimstrative costs outlined above, there will be no cost Incurred
by either the State of Flonda or the general CItizenry due to the establishment
of the Quantum COD Quantum CDD is designed to serve the needs of its
occupants by financing, constructing or acquiring, operatIng and maintaining
the infrastructure and office-industrial park services needed by DIstrict
occupants. The District will require no subsidies from the State or its CItizens,
2,2.2 The State of Florida and its Citizens - Benefits
There are several types of benefits which will flow to the State and its citizens
if the proposed Distnct is established. First, approval of this COD satIsfies the
intent of the Legislature when it revised Chapter 190, the law governing
community development districts.
"(1) The LegIslature finds that: (a) There is a need for uniform. focused and
fair procedures In state law to provide a reasonable alternative for the
establishment. power. operation and duration of independent districts to
mana~e and finance basic community development services: and based upon a
proper and fair determination of applicable facts. an independent district can
constitute a timely. efficient. effective. responsIve and economic way to
deliver these baSIC services. providin~ a solution to the States planning.
management. and financing needs for delivery of capital infrastructure to
service proJected growth without overburdening other governments and theIr
taxpayers," (Section 190,002 F,S,)
The second benefit whIch the state and its citizens receive is the improved
level of planmng and coordInation which the CDD will provide, This will help
to mimmize any potentIal spillovers onto other citizens or jurisdictions.
It is in the public mterest that long range planning. fLlanagement. and
finanCIng and long term maintenance. upkeep. and operation of basic services
for community development districts be under one coordinated entity."
(Section 190,(020)( c). F.S,)
By enacting the Uniform Community Development District Act of 1980 and
reenacting it in 1984, the Legislature recognized that there are substantial
public benefits from well planned commumty developments In Florida, That
is one of the reasons the 1984 Legislature revised and reenacted Chapter 190,
F.S. The alternatIVe of piecemeal, helter-skelter development, which typically
lacks the upfront investment in roads, proper dramage, water and wastewater
systems found in planned communities, is no longer encouraged in Florida.
Quantum is Just the type of well planned development enVISioned In Chapter
190,
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