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APPLICATION (PETITION) : ate Part, ! ~19 'd> : ~ ! DS~ J, ~ 71'~ ed a\-et-\~o December 21,2004 2 I ' Mr. Quintus L. Greene Director of Development City of Boynton Beach 100 E. Boynton Beach Blvd. P.O. Box 310 Boynton Beach, Fla. 33425-0310 "___...._..'_ .I RE: Petition for Creation of Renaissance Commons Community Development District Dear Mr. Greene: Enclosed please find one (1) original and eight (8) copies of the Petition of Compson Associates of Boynton for the formation of the Renaissance Commons Community Development District. The Petition is submitted in compliance with Chapter 190, Florida Statutes and, in summary, requests (1) that the City hold a Public Hearing as required by Section 190.005(2)(b), F.S. and (2) adopt an ordinance granting the Petition and establish the Renaissance Commons Community Development District. Also enclosed is check number 1570 from Compson Associates of Boynton in the amount of $15,000 which represents the filing fee for processing the petition. I acknowledge that Compson Associates is responsible for advertising the hearing. Proof of publication will be provided prior to the Public Hearing. Please advise as to the date and time of the Public Hearing. Thank you for your assistance in this matter. If there is anything else that is required, .. 1 ~ __~ _ 1______7 <?\\'Jate Pqrtl)s ~f'~~ flSDS~~ %~~ 7,# ....;)V,.//;?d 8\€f\\}OOO SPECIAL DISTRICT SERVICES, INC. Public · Private · Partnerships Yours in so~J govery,ment, .. "'~ / , " ,/F "-' " " C // Uc,_/' _~ J~~'D?b~~t>"j/ /" Distric~nager I James D. DeCocq District Manager Harbour Point Plaza 11000 Prosperity Farms Road Suite 104 Palm Beach Gardens, FL 33410 Contact: 561.308.6147 Toll Free: 877.737.4922 Fax: 561.630.4923 E-mail: JaecOClj@sdsinc.org 11000 Prosperity Farms Road' Suite 104. Palm Beach Gardens, FL 33410 Phone 561.630.4922 . Fax 561.630.4923 . Toll Free 877.737.4922 BEFORE THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA IN RE: AN ORDINANCE TO ESTABLISH ) THE RENAISSANCE COMMONS COMMUNITY ) DEVELOPMENT DISTRICT ) PETITION COMPSON ASSOCIATES OF BOYNTON LLC, a Florida limited liability company (the "Petitioner"), hereby petitions the City Commission of the City of Boynton Beach, Florida, pursuant to the "Uniform Community Development District Act of 1980," Chapter 190, Florida Statutes, as amended and supplemented (herein, the "Act). Specifically this Petition is made pursuant to Section 190.005(2) of the Act, to establish a community development district with respect to the lands described herein. In support of the Petition, Petitioner states: 1. The proposed District (as defined below) is located within the incorporated area of the City of Boynton Beach, Florida. Exhibit 1 depicts the general location of the proposed District. The proposed District covers approximately 86.98 +/- acres of land. The real property within the boundary of the proposed District is a parcel of land located West of the Lake Worth Drainage District Canal E-4, North of Canal C-16, East of Congress Avenue and South of Gateway Boulevard. The metes and bounds description of the external boundaries of the District is set forth on Exhibit 2. 2. Attached to this Petition as Exhibit 3 and made a part hereof are the written consents to the establishment of the District by the owners of 100% of the real property to be included in the District. 3. The five persons designated to serve as initial members of the Board of Supervisors of the proposed District are as follows: Name James Comparato Stephen B. Liller Timothy R. Kelly Carl Klepper, Jr. Robert D'Angelo 4. The proposed name of the District to be established is the Renaissance Commons Community Development District (the "District"). 5. There are no existing major trunk water mains, sewer interceptors and outfalls. 6. The proposed timetable for the construction of District improvements is shown on Exhibit 4, as well as the estimated cost of constructing the improvements. This is a good faith estimate but is not binding on the Petitioner or the District and is subject to change. 7. The future general distribution, location and extent of public and private uses within the District are consistent with the zoning category of suburban mixed use. The proposed WPB.FS1 ISANFORDS1505930v14157161.010200 uses are also consistent with the future land use plan element of the Comprehensive Plan of the City of Boynton Beach, Florida (the "City"). The future land use map is shown on Exhibit 5. It is further anticipated that the subject lands will be permitted to be developed for approximately 310 townhomes ranging in approximate square footage of 1,800 to 2,100 with prices ranging from $310,000 to $450,000 and 1382 condominium units. The square footage and price ranges of the condominium units have not yet been determined. It is also expected that there will be approximately 337,653 square feet of commercial space consisting of retail, office and self storage. The Petitioner intends that the District will finance (i) surface water management and control systems, including related earthwork, (ii) water distribution and wastewater collection and transmission facilities, (iii) onsite wetlands mitigation, (iv) roadway improvements, (vi) landscaping and irrigation in public rights of way, and (v) related incidental costs which may include the acquisition of real property in conjunction with any and all of the above, but particularly associated with surface water management, onsite wetlands mitigation, and roadway improvements (collectively, the "Public Infrastructure"). Upon completion by the Petitioner of the water distribution and wastewater collection and transmission facilities and acquisition by the District, such facilities will be dedicated to the City to be connected to the City's existing water and wastewater lines. 8. Exhibit 6 is a statement of estimated regulatory costs prepared in accordance with the requirements of Section 120.541, Florida Statutes. 9. Petitioner hereby requests that the proposed District be granted the right to exercise all powers provided for in Section 190.012(1), Florida Statutes and the additional powers listed in Section 190.012(2)(a) and (d). 10. The Petitioner is Compson Associates of Boynton LLC, a Florida limited liability company. The Petitioner, acting on behalf of itself and certain related entities and Town and Country Builders, Inc., a Florida corporation ("Town and Country") as the landowners, owns 100 percent of the real property to be included in the proposed District. Petitioner and Town and Country will develop the land within the District, including the construction of the Public Infrastructure, which will be acquired by the District. It is contemplated that the vertical improvements on the developed lots will be constructed by the Petitioner and Town and Country and possibly other builders. Copies of all correspondence and official notices should also be sent to: Stephen D. Sanford, Esq., c/o Greenberg Traurig, P.A., 777 South Flagler Drive, Suite 300 East, West Palm Beach, Florida 33401; (561) 650-7945. 11. The property within the proposed District is amenable to operating as an independent special district for the following reasons: (a) Establishment of the District and all land uses and services planned within the proposed District are consistent with applicable elements or portions of the effective City's Comprehensive Land Use Plan, as amended. (b) The area of land within the proposed District is of sufficient size and is sufficiently compact and contiguous to be developed as one functional interrelated community. (c) The community development services of the District will be compatible with the capacity and use of existing local and regional community development services and facilities. (d) The proposed District will be the best alternative available for delivering community development services to the area to be served because (i) the District provides a WPB-FS1\SANFORDSI50593Ov14157161.010200 2 governmental entity for delivering those services and facilities in a manner that does not financially impact persons residing outside the District, (ii) the Act authorizes a community development district to acquire infrastructure improvements previously constructed by the Petitioner or allows for a community development district to, in the first instance, construct such infrastructure improvements, (iii) the timing for the creation of the proposed District and the issuance of special assessment bonds is compatible with the timing for the construction and acquisition of such infrastructure improvements which will result in direct benefit to the landowners and their assigns within the District, (iv) establishment of a community development district in conjunction with a comprehensive planned community, as proposed, allows for a more efficient use of resources as well as providing the opportunity for new growth to pay for itself, and (v) establishment of the District will provide a perpetual entity capable of making reasonable provisions for the operation and maintenance of many of the District services and facilities. 12. The Petitioner undertakes on behalf of the District that the District will provide full disclosure of information relating to the public financing and maintenance of improvements to real property to be undertaken by the District as required by Section 190.009 and Section 190.048, Florida Statutes of the Act, as amended. [Remainder of page intentionally left blank] WPB-FS1ISANFORDSI505930V14157161.010200 3 WHEREFORE, Petitioner respectfully requests the City Commission of Boynton Beach, Florida to: Hold a public hearing as required by Section 190.005(1 )(d), Florida Statutes to consider the establishment of the Renaissance Commons Community Development District; and Enact an ordinance pursuant to Chapter 190, Florida Statutes, granting this Petition and establishing the Renaissance Commons Community Development District. Respectfully submitted this ) LJ fh day of December, 2004. COMPSON ASSOCIATES OF BO Florida Iim' liability compa ,a WPB-FS1 \SANFORDSI505930vOB\ 11/6/04\57161.010200 4 RENAISSANCE COMMONS COMMUNITY DEVELOPMENT DISTRICT EXHIBITS Exhibit 1 -- Location Map Exhibit 2 -- Legal Description Exhibit 3 Consents and Proofs of Ownership Exhibit 4 -- Construction Timetable and Good Faith Cost Estimate Exhibit 5 -- Future Land Use Map from the City of Boynton Beach, Florida Comprehensive Plan depicting the location of the proposed District Exhibit 6 -- Statement of Estimated Regulatory Costs WPB-FS1 \SANFORDS\505930v13\ 12/10/04157161.010200 5 RENAISSANCE COMMONS LOCATION MAP ~u D \) ( '>1- l(( -oJ T ".-' ~JE h. i----f kJ ~ u c:: ~?- ) I T \\ 7ll ~ft:if Ul ~J. ~@f13J J 1.l111l CT 71V tV ( l ~ = ( ~ \ IT ~(l ~ \ "\ __-1 ~ \ e':fl.~ \ ~ I~\\L-f .1 o ,...J ~J II <.,. I I T ..1"'- BOYNTON CANAL II III liT TTI1I II I rY::: ....u ;: '" _,..... .-. l- iE I-I~ "-"- ~ -: = I = \:-,~ :- -~ = ~ ==i ;\?\ Y\ = ..~ - ~ :::IiI ~W~ If" I' ~ :3mm>- 1 f5lT I CJTTTfl-l -- "..,.-".,rl ..II: :J ::: I- == "')...J\ I "_\\...1'\ ~ r I \ SUBJECT PROPERTY j~ ~. I \t: :J ~ ..-- - N W+E S o 187,5 375 750 1,125 1,500 Feet 951 Broken Sound Parkway, Suite 320 Boca Raton, Florida 33487 t\lME)'" ~ SURVEYING & MAPPING Certificate of Authorization No. LB7264 Tel: (561) 241-9988 Fax: (561) 241-5182 SKETCH AND LEGAL DESCRIPTION (NOT A SURVEY) RENAISSANCE COMMONS COMMUNITY DEVELOPMENT DISTRICT LEGAL DESCRIPTION: ALL OF "RENAISSANCE COMMONS, A P.U.D.", ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 102 AT PAGES 57 THROUGH 62 OF THE PUBLIC RECORDS OF PALM BEACH COUNTY, FLORIDA. TOGETHER WITH: ALL OF "RENAISSANCE COMMONS PLAT TWO, A P.U.D.", ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 103 AT PAGES 104 THROUGH 107 OF THE PUBLIC RECORDS OF PALM BEACH COUNTY, FLORIDA, LESS AND EXCEPT TRACTS l-J, l-2 AND l- 3, THEREOF. SAID LANDS SITUATE IN THE CITY OF BOYNTON BEACH, PALM BEACH COUNTY, FLORIDA, AND CONTAIN 84.909 ACRES, MORE OR LESS. NOTES 1. REPRODUCTIONS OF THIS SKETCH ARE NOT VALID WITHOUT THE SIGNATURE AND THE ORIGINAL RAISED SEAL OF A FLORIDA LICENSED SURVEYOR AND MAPPER. 2. NO SEARCH OF THE PUBLIC RECORDS WAS MADE IN THE PREPARATION OF THIS SKETCH AND DESCRIPTION. ABBREVIATIONS L ARCLENGTH CONC. CONCRETE COR. CORNER o DELTA (CENTRAL ANGLE) D.E. DRAINAGE EASEMENT I.R. IRON ROD I.R.C. IRON ROD AND CAP L.B. LICENSED BUSINESS L.S. LICENSED SURVEYOR MON. MONUMENT O.R.B. OFFICIAL RECORDS BOOK P.O.B. POINT OF BEGINNING P.O.C. POINT OF COMMENCEMENT P.B. PLAT BOOK P.B.C.R. PALM BEACH COUNTY RECORDS PG. PAGE P.S.M. PROFESSIONAL SURVEYOR 8 MAPPER R/W RIGHT-OF-WAY U.E. UTILITY EASEMENT CERTIFICATION I HEREBY CERTIFY THAT THE SKETCH AND DESCRIPTION SHOWN HEREON COMPLIES WITH MINIMUM TECHNICAL STANDARDS AS CONTAINED IN CHAPTER 61G17-6, FLORIDA ADMINISTRATIVE CODE, PURSUANT TO SECTION 472.027, FLORIDA STATUTES, AND THAT SAID SKETCH AND DESCRIPTION IS TRUE AND CORRECT TO THE BEST OF MY KNOWLEDGE AND BELIEF AS PREPARED UNDER MY DIRECTION. JEFF S. HODAPP SURVEYOR AND MAPPER FLORIDA LICENSE NO. LS5111 LAST DATE OF FIELD WORK: NOT A SURVEY Proj ect Name, RENAISSANCE COMMONS DATE, 2/24/2005 JOB NO. 02151 DWG BY, CK'D By' JSH JS SHEET 1 OF 2 SKETCH AND LEGAL DESCRIPTION (NOT A SURVEY) GATEWAY BOULEVARD NOT INCLUDED TRACT Z-I 0' TRACT 0-7 TRACT A-5 TRACT F-2 --I :0 TRACT 0-5 1S, OJ cD TRACT A-6 TRACT F-I fRpCf (-6 TRACT 0-3 TRACT Z-I TRACT A-5 ~ TRACT 0-9 ~ TRACT 0-4 VI --I VI :0 l> C) ~ --I n, l"l1 c., <: ~ TRACT 0-8 TRACT A-4 " TRACT C-I TRACT 0-1 TRKT 0-5 :ci 1S, TRACT E-4 TRACT 0-2 TRACT C-I BOYNTON CANAL [-/6 JOB NO. 02151 Project Norre, RENAISSANCE COMMONS DWG BY, X CK'DBy, JSH JS SCALE, 1"-300' DATE, 2/24/2005 OJ cD ';f- Ll.J " ~ c3 c:j c:j ~ ...J SHEET 2 OF 2 EXHIBIT 3-A AFFIDAVIT OF OWNERSHIP AND CONSENT TO THE CREATION OF RENAISSANCE COMMONS COMMUNITY DEVELOPMENT DISTRICT STATE OF FLORIDA ) ) SS COUNTY OF PALM BEACH) On this ,Ii. day of December, 2004, personally appeared before me, an officer duly authorized to ad~r oaths and take acknowledgments, Stephen B. Liller, who, after being duly sworn, deposes and says: 1. Affiant, Stephen B. Liller, an individual, is a Vice President of Town and Country Builders, Inc., a Florida corporation (herein, the "Corporation"). 2. The Corporation is the owner of the following described property, to wit: See Exhibit "A" attached hereto (the "Property"). 3. Affiant, Stephen B. Liller, hereby represents that he has full authority to execute all documents and instruments on behalf of the Corporation, relating to the Petition before the City Commission of the City of Boynton Beach, Florida, to enact an ordinance to establish the Renaissance Commons Community Development District (the "Proposed CDD"). 4. The Property represents a portion of the real property to be included in the Proposed CDD. 5. Affiant, Stephen B. Liller, on behalf of the Corporation, as the sole owner of the Property in the capacity described above, hereby consents to the establishment of the Proposed CDD. , FURTHER, AFFIANT SAYETH NOT. ~ ~ Stephen B. Liller Subscribed and sworn to before me this (p 'Ji; day of December, 2004, by Stephen B. Liller, a Vice President of Town and Country Builders, Inc., a Florida co/po!~ioQ, who personally appeared before me, ~s personally known to me or 0 produced JVL~. as identification.. . [NOTARIAL SEAL] Notary: 7)~n~ Print Name: ' iii I. Notary Public, State of Florida ~ My Commission Expires: c;P.S1 '01 \\\,tt~"t"" l~ .~ MELANIE MCDONALD @*f :*i MY COMMISSION # DO 232130 EXPIRES: September 24 2007 Booded Thill Notary Public Un~lWI1ters WPB-FS1\SANFORDSI50593Ov06\1118104157161.010200 951 Broken Sound Parkway, Suite 320 goca Raton, Florida 33487 dIME)' ~ SURVEYING & MAPPING Certificate of Authorization No. LB7264 Tel: (561) 241-9988 Fax: (561) 241-5182 SKETCH AND LEGAL DESCRIPTION (NOT A SURVEY) RENAISSANCE COMMONS COMMUNITY DEVELOPMENT DISTRICT TOWN AND COUNTRY PROPERTY LEGAL DESCRIPTION: LOTS ITHROUGH 240, TRACTS A-I, A-2, B-1, B-2, B-3, B-4, B-5, B-6, F, AND G-I THROUGH G-II, ALL IN "RENAISSANCE COMMONS, A P.U.D. ", ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 102 AT PAGES 57 THROUGH 62 OF THE PUBLIC RECORDS OF PALM BEACH COUNTY, FLORIDA. TOGETHER WITH: TRACTS D-5, D-6 AND B-8 OF "RENAISSANCE COMMONS PLAT TWO, A P.U.D.", ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 103 AT PAGES 104 THROUGH 107 OF THE PUBLIC RECORDS OF PALM BEACH COUNTY, FLORIDA. SAID LANDS SITUATE IN THE CITY OF BOYNTON BEACH, PALM BEACH COUNTY, FLORIDA, AND CONTAIN 27.453 ACRES, MORE OR LESS. NOTES 1. REPRODUCTIONS OF THIS SKETCH ARE NOT VALID WITHOUT THE SIGNATURE AND THE ORIGINAL RAISED SEAL OF A FLORIDA LICENSED SURVEYOR AND MAPPER. 2. NO SEARCH OF THE PUBLIC RECORDS WAS MADE IN THE PREPARATION OF THIS SKETCH AND DESCRIPTION. ABBREVIATIONS L ARCLENGTH CONe. CONCRETE COR. . CORNER D DEL TA (CENTRAL ANGLE) D. E. DRAINAGE EASEMENT I . R. I RON ROD I.R.C. IRON ROD AND CAP L.B. . LICENSED BUSINESS L.S. . LICENSED SURVEYOR MON. MONUMENT O.R.B. OFFICIAL RECORDS BOOK P.O.B. POINT OF BEGINNING P. O. C. POINT OF COMMENCEMENT P. B. PLAT BOOK P.B.C.R. PALM BEACH COUNTY RECORDS PG. PAGE P.S.M. PROFESSIONAL SURVEYOR 8 MAPPER R/W RIGHT-OF-WAY U.E. " UTILITY EASEMENT CERTIFICATION I HEREBY CERTIFY THAT THE SKETCH AND DESCRIPTION SHOWN HEREON COMPLIES WITH MINIMUM TECHNICAL STANDARDS AS CONTAINED IN CHAPTER 61G17-6, FLORIDA ADMINISTRATIVE CODE, PURSUANT TO SECTION 472.027, FLORIDA STATUTES, AND THAT SAID SKETCH AND DESCRIPTION IS TRUE AND CORRECT TO THE BEST OF MY KNOWLEDGE AND BELIEF AS PREPARED UNDER MY DIRECTION. JEFF S. HODAPP SURVEYOR AND MAPPER FLORIDA LICENSE NO. LS5111 LAST DATE OF FIELD WORK: NOT A SURVEY Project Nome, REN~SSANCE COMMONS JOB NO. 02151 DWG BY: JSH CK'D By, JS DATE: 2/24/2005 SHEET 1 OF 2 JOB NO. 02151 SKETCH AND LEGAL DESCRIPTION (NOT A SURVEY) GATEWAY BOULEVARD ro'~T ~_.M \ , NOT INCLUDED '-- TRACT Z-' B,r..~II/ ~ '~' ~c; ~ _:/ ~ ~ % .1 TRACT IH I ~ ~ r" ~ ~ <;). <(\J - '?- ~\). TRACT A 6 :5- 'I <(,y~~\ ,,:::',- ~~/ ~."~" "~,, . ~ I TRACT E-4 TRACT F-2 TRACT 0-4 -.....J '" ~ \ G ~~- rz'~-~10f}i rXV! lA ~~~~1 ~ /f7'V///?' '//,(~r/;:~~-j r/ ~ /~Hr/ 'l4-i lA "IV 'w/i<;r/J ~ ~~~~7~~ r/ ~ t9/'~ K<:t:r '/ U'yy tv ~ '-Lv. ~ ::.21(~,///: K(,//// ~v'~f/ r\, -..c-' / vrXy V/f?U}t :;z,~'/ ~~ ~G V~ Y':'lJ I ~ ~ TRACTA-3 ~~~ 7~~~ TRACTE-3 ~~,~ TRACT H) ~.( ~ (;2 ~ 'T ~:%m // /trY}, 7'v, ~ \ f ,,=" I ~ ~;;:~if"////'i~~ 4/ f:;'~;~/7L/////o-Y?/ ~ ~~~w~ Q1tf/AJRr) '1 l"'/flU 'YV ~ (/i1irYl/ VUl-1/t-, r)~~/ V/7//777/Of 'v0V//// /V ~ [z1/~W/// r//7//~r/?v: ~~l 11 /~~-t1~ '---- thv ./~/~(7l/7'l\ TRACT A-4 TRACT C-' TRACT 0-1 TRACT 0-2 TRACT C-I BOYNTON CANAL C-/6 ';f- tl.J Proj eet Norre, RENAISSANCE COMMONS DWG BY, JSH X CK'D By, JS SCALE: 1"-300' DATE: 2/24/2005 SHEET 2 OF 2 EXHIBIT 3-8 AFFIDAVIT OF OWNERSHIP AND CONSENT TO THE CREATION OF RENAISSANCE COMMONS COMMUNITY DEVELOPMENT DISTRICT STATE OF FLORIDA ) ) SS COUNTY OF PALM BEACH) a~ On this ---L- day of December, 2004, personally appeared before me, an officer duly authorized to administer oaths and take acknowledgments, James Comparato, who, after being duly sworn, deposes and says: 1. Affiant, James Comparato, an individual, is the Manager of Compson Associates of Boynton LLC, a Florida limited liability company, the Manager of Compson Associates of Boynton II, LLC, a Florida limited liability company, and a principal of certain other related entities formed and to be formed (herein, collectively, the "Companies"). 2. The Companies are the owners of the following described property, to wit: See Exhibit "A" attached hereto (the "Property"). 3. Affiant, James Comparato, hereby represents that he has full authority to execute all documents and instruments on behalf of the Companies, including the Petition before the City Commission of the City of Boynton Beach, Florida, to enact an ordinance to establish the Renaissance Commons Community Development District (the "Proposed CDD"). 4. The Property represents a portion of the real property to be included in the Proposed CDD. 5. Affiant, James Comparato, on behalf of the Companies, as the sole owner of the Property in the capacity describe ove, hereby consents to the establishment of the Proposed CDD. FURTHER, AFFIANT SAYETH NOT. s 0 **-- Subscribed and sworn to before e thO ~ day December, 2004, by James Comparato, he Manager of Compson sso ates of Boynton LLC, a Florida limited liability compa , he Manager of Compson so ates of Boynton II, LLC, a Florida limited liability co ny, and a principal of certain ot related entities, who personally appeared before me, is personally known to me or [l produced as identification. ~~~~rCe%f::j ~ ~A~.~:.~ Notary Public, tate of ~a My Commission Expire_: r'" J"l. J. () 0 +- [NOTARIAL SEAL] l~~N:.~ CLAUDEITE DIAMOND ~*: :~ MY COMMISSION 1/ DO 224139 ~! EXPIRES: June 19 2007 , Bonded Thru Notary Public Underwriters WPB-FS 1ISANfORDSI522538vO 111217/04157161.0 10200 951 Broken Sound Parkway, Suite 320 Boca Raton, Florida 33487 ~'ME)'" ~ SURVEYING & MAPPING Certificate of Authorization No. LB7264 Tel: (561) 241-9988 Fax: (561) 241-5182 SKETCH AND LEGAL DESCRIPTION (NOT A SURVEY) RENAISSANCE COMMONS COMMUNITY DEVELOPMENT DISTRICT COMPSON ASSOCIATES PROPERTY LEGAL DESCRIPTION: TRACTS A-3, B-7, C-I, C-2, 0-1, 0-2, E-I, E-2, E-3, H-I AND H-2, ALL IN "RENAISSANCE COMMONS, A P.U.D. ", ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 102 AT PAGES 57 THROUGH 52 OF THE PUBLIC RECORDS OF PALM BEACH COUNTY, FLORIDA. TOGETHER WITH: TRACTS A-4, A-5, A-5, 0-3, 0-4, 0-7, 0-8, 0-9, E-4 THROUGH E-7, F-I AND F-2, ALL IN "RENAISSANCE COMMONS PLAT TWO, A P.U.D. ", ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 103 AT PAGES 104 THROUGH 107 OF THE PUBLIC RECORDS OF PALM BEACH COUNTY, FLORIDA. SAID LANDS SITUATE IN THE CITY OF BOYNTON BEACH, PALM BEACH COUNTY, FLORIDA, AND CONTAIN 57.455 ACRES, MORE OR LESS. NOTES 1. REPRODUCTIONS OF THIS SKETCH ARE NOT VALID WITHOUT THE SIGNATURE AND THE ORIGINAL RAISED SEAL OF A FLORIDA LICENSED SURVEYOR AND MAPPER. 2. NO SEARCH OF THE PUBLIC RECORDS WAS MADE IN THE PREPARATION OF THIS SKETCH AND DESCRIPTION. ABBREVIATIONS L ARCLENGTH CONC. CONCRETE COR. 0 CORNER D DEL TA (CENTRAL ANGLE) D.E. DRAINAGE EASEMENT J.R. IRON ROD I.R.C. IRON ROD AND CAP L.B. LICENSED BUSINESS L.S. LICENSED SURVEYOR MON. MONUMENT O.R.B. OFFICIAL RECORDS BOOK P.O.B. POINT OF BEGINNING P.O.C. POINT OF COMMENCEMENT P.B. PLAT BOOK P.B.C.R. PALM BEACH COUNTY RECORDS PG. PAGE P.S.M. PROFESSIONAL SURVEYOR a MAPPER R/W RIGHT-OF-WAY U.E. = UTILITY EASEMENT CERTIFICATION I HEREBY CERTIFY THAT THE SKETCH AND DESCRIPTION SHOWN HEREON COMPLIES WITH MINIMUM TECHNICAL STANDARDS AS CONTAINED IN CHAPTER 61G17-6, FLORIDA ADMINISTRATIVE CODE, PURSUANT TO SECTION 472.027, FLORIDA STATUTES, AND THAT SAID SKETCH AND DESCRIPTION IS TRUE AND CORRECT TO THE BEST OF MY KNOWLEDGE AND BELIEF AS PREPARED UNDER MY DIRECTION. JEFF S. HODAPP SURVEYOR AND MAPPER FLORIDA LICENSE NO. LS5111 LAST DATE OF FIELD WORK: NOT A SURVEY Project Nome. RENNSSANCE COMMONS JOB NO. 02151 OWG BY, JSH CK'O By, JS DATE. 2/24/2005 SHEET 1 OF 2 SKETCH AND LEGAL DESCRIPTION (NOT A SURVEY) GATEWAY BOULEVARD NOT INCLUDED .... '" TR..cr 0-5 ~ tIl 0. 8 <: ~ ~: VI : ~ r" ~ r" BOYNTON CANAL C-/6 JOB NO. 02151 Project Name. RENAISSANCE COMMONS DWG BY. X CK'D By. JSH JS SCALE. 1"=300' DATE. 2/24/2005 'J- tl.J "-.J ~ <3 c:i c:i s: --J SHEET 2 OF 2 EXHIBIT 4-A RENAISSANCE COMMONS COMMUNITY DEVELOPMENT DISTRICT ESTIMATED CONSTRUCTION TIME TABLE Start Finish Stormwater Drainage, including related February, 2004 October, 2004 earthwork Water and Sewer System August, 2004 March, 2005 Landscaping and Irrigation in public rights of August, 2004 March, 2005 way Roadway Improvements, including paving, November, 2004 March, 2005 street lighting, striping and signage Onsite Tree Relocation Mitigation November, 2004 December, 2005 EXHIBIT 4-B RENAISSANCE COMMONS COMMUNITY DEVELOPMENT DISTRICT GOOD FAITH COST ESTIMATE Stormwater Drainage, including related earthwork $1,745,000 Water and Sewer System $2,123,061 Landscaping and Irrigation in public rights of way $2,331,776 Roadway Improvements, including paving, street lighting, striping and signage $3,012,502 Onsite Tree Relocation Mitigation $ 800,000 TOTAL $10,012,339 EXHIBIT 4.B RENAISSANCE COMMONS COMMUNITY DEVELOPMENT DISTRICT GOOD FAITH COST ESTIMATE Stormwater Drainage, including related earthwork $1,745,000 $2,123,061 $2,331,776 $3,012,502 Water and Sewer System Landscaping and Irrigation in public rights of way Roadway Improvements, including paving, street lighting, striping and signage Onsite Wetlands Mitigation TOTAL $ 800.000 $10,012,339 WPB-FS1\sANFORDSI505930v14157161.0102oo LRC z n o z G) ;Ill (II (II ~ [J LEGEND RENAISSANCE COMMONS Future Land Use Map MODR Future Land Uses: LDR . Low Density Residential MODR . Moderate Density Residential LRC . Local Retail Commercial DRI . Development of Regional Impact N W+E S o 90 180 360 5<40 720 Feet RENAISSANCE COMMONS COMMUNITY DEVELOPMENT DISTRICT STATEMENT OF ESTIMATED REGULATORY COSTS December, 2004 Prepared by Special District Services, Inc. 11000 Prosperity Farms Road, Suite 104 Palm Beach Gardens, Florida 33410 (561) 630-4922 Phone (561) 630-4923 Fax STATEMENT OF ESTIMATED REGULATORY COSTS 1.0 Introduction 1.1 Purpose and Scope This Statement of Estimated Regulatory Costs ("SERC") supports the petition to establish the Renaissance Commons Community Development District ("District"). The District comprises approximately 86.98+/- acres of land located in the City of Boynton Beach, Florida. The limitations on the scope of this SERC are explicitly set out in Section 190.002(2) (d), F.S. (governing community development district establishment) 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 managing and financing the service delivery function of the district, so that any matter concerning permitting or planning of the development is not material or relevant." 1.2 Overview of Renaissance Commons Community Development District The District is designed to provide district infrastructure, services, and facilities along with their operations and maintenance to a master planned residential development containing 1692 residential units within the boundaries of the District consisting of townhomes and condominium units. There will also be approximately 337,653 square feet of commercial space. 1.3 Requirements for Statement of Estimated Regulatory Costs Section 120.541(2), F.S. (1997), defines the elements a statement of estimated regulatory costs must contain: (a) A good faith estimate of the number of individuals and entities likely to be required to comply with the rule, together with a general description of the types of individuals likely to be affected by the rule. (b) A good faith estimate of the cost to the agency, and to any other state and local government entities, of implementing and enforcing the proposed rule, and any anticipated effect on state and local revenues. (c) A good faith estimate of the transactional costs likely to be incurred by individuals and entities, including local governmental entities, required to comply with the requirements of the ordinance. As used in this paragraph, "transactional costs" are direct costs that are readily ascertainable based upon standard business practices, and include filing fees, the cost of obtaining a license, the cost of equipment required to be installed or used or procedures required to be employed in complying with the rule, additional operating costs incurred, and the cost of monitoring and reporting. (d) An analysis of the impact on small businesses as defined by Section 288.703, F.S., and an analysis of the impact on small counties and small cities as defined by Section 120.52, F.S. The City of Boynton Beach is not defined as a small City for purposes of this requirement. ( e) Any additional information that the agency determines may be useful. (f) In the statement or revised statement, whichever applies, a description of any good faith written proposal submitted under paragraph (1) (a) and either a statement adopting the alternative or a statement of the reasons for rejecting the alternative in favor of the proposed ordinance. "Note: the references to "rule" in the statutory requirements for the Statement of Estimated Regulatory Costs also apply to an "ordinance" under section 190.005(2) (a), Florida Statutes." 2.0 A good faith estimate of the number of individuals and entities likely to be required to comply with the ordinance, together with a general description of the types of individuals likely to be affected by the ordinance. The Renaissance Commons Community Development District will serve land that comprises approximately 86.98+/- acres of residential development to be made up of an estimated 1692 residential units as described above. The estimated population of the District is 3350 +/-. The property owners in the District will be individuals and may own and operate industrial, manufacturing and other retail and non-retail related businesses outside the boundaries of the District. 3.0 A good faith estimate of the cost to the agency, and to any other state and local government entities, of implementing and enforcing the proposed rule, and any anticipated effect on state or local revenues. There is no state agency promulgating any rule relating to this project that is anticipated to effect state or local revenues. 3.1 Costs to Governmental Agencies of Implementing and Enforcing Ordinance Because the results of enacting the ordinance is establishment of a local special purpose government, there will be no enforcing responsibilities of any other government entity, but there will be various implementing responsibilities which are identified with their costs herein. State Governmental Entities There will be only modest costs to various State governmental entities to implement and enforce the proposed establishment of the District. The District as established on the 2 proposed land, will encompass under 1,000 acres, therefore, the City of Boynton Beach is the establishing entity under 190.005(2), F.S. The modest costs to various State entities to implement and enforce the proposed ordinance relate strictly to the receipt and processing of various reports that the District is required to file with the State and its various entities. Appendix A lists the reporting requirements. The costs to those State agencies that will receive and process the District's reports are very small, because the District is only one of many governmental units that are required to submit the various reports. Therefore, the marginal cost of processing one additional set of reports is inconsequential. Additionally, pursuant to section 189.412, F.S., the District must pay an annual fee to the State of Florida Department of Community Affairs which offsets such costs. City of Boynton Beach There will be only modest costs to the City for a number of reasons. First, review of the petition to establish the District does not include analysis of the project itself. Second, the petition itself provides much of the information needed for a staff review. Third, the City already possesses the staff needed to conduct the review without the need for new staff. Fourth, there is no capital required to review the petition. Finally, the City routinely processes similar petitions though for entirely different subjects, for land uses and zoning changes that are far more complex than is the petition to establish a community development district. The annual costs to City of Boynton Beach, because of the establishment of the District, are also very small. The District is an independent unit of local government. The only annual costs the City faces are the minimal costs of receiving and reviewing the various reports that the District is required to provide to the City. However, the Petitioner has included a payment of$15,000 to offset any expense the City may incur in the processing of the Petition, or in the monitoring of this District 3.2 Impact on State and Local Revenues Adoption of the proposed ordinance will have no negative impact on state or local revenues. The District is an independent unit of local government. It is designed to provide infrastructure facilities and services to serve the development project and it has its own sources of revenue. No state or local subsidies are required or expected. In this regard it is important to note that any debt obligations incurred by the District to construct its infrastructure, or for any other reason, are not debts of the State of Florida or any other unit of local government. In accordance with State law, debts of the District are strictly its own responsibility. 4.0 A good faith estimate of the transactional costs likely to be incurred by individuals and entities required to comply with the requirements of the ordinance. 3 Table 1 provides an outline of the various facilities and services the proposed District may provide. The water and sewer utilities, stormwater drainage, on site tree relocation mitigation and certain offsite improvements will all be funded by the District. Table 1 PROPOSED FACILITIES AND SERVICES FACILITY FUNDED O&M BY OWNERSHIP BY BY Stormwater Drainage System CDD CDD CDD Potable Water Supply System CDD City City Sanitary Sewer System CDD City City Landscaping & Irrigation CDD CDD CDD Roadway Improvements CDD City/County/CDD City/County/CDD Onsite Tree Relocation Mitigation CDD CDD CDD The petitioner has estimated the costs for providing the capital facilities outlined in Table 1. The cost estimates are shown in Table 2 below. Total costs for those facilities, which may be provided, are estimated to be approximately $10.012.339. The District may issue special assessment bonds to fund all or a portion of the costs of these facilities. These bonds would be repaid through non ad valorem special assessments levied on all properties in the District that may benefit from the District's infrastructure program as outlined in Table 2. Prospective future landowners in the District may be required to pay non-ad valorem assessments levied by the District to secure the debt incurred through bond issuance. In addition to the levy of non ad valorem special assessments by various names for debt service, the District may also impose a non-ad valorem assessment to fund the operations and maintenance of the District and its facilities and services. Furthermore, locating in the District by new property owners is completely voluntary. So, ultimately, all owners and users of the affected property choose to accept the non ad valorem special assessments as a tradeoff for the benefits and facilities that the District provides. A community development district ("CDD") provides property owners with the option of having higher levels of facilities and services financed through self-imposed revenue. The District is an alternative means to manage necessary development services with related financing powers. District management is no more expensive, and often less expensive, than the alternatives of a municipal service taxing unit (MSTU), a property association, provision by the City, or through developer equity and/or bank loans. In considering these costs it shall be noted that owners of the lands to be included within the District will receive three major classes of benefits. 4 First, landowners in the District will receive a higher long-term sustained level of public services and amenities sooner than would otherwise be the case. Second, a CDD is a mechanism for assuring that the community services and amenities will be completed concurrently with development of lands within the District. This satisfies the current growth management legislation, and it assures that growth pays for itself without undue burden on other consumers. Establishment ofthe District will ensure that these landowners pay for the provision of facilities, services and improvements to these lands. Third, a CDD is the sole form of governance which allows District landowners, through landowner voting, to determine the type, quality and expense of District services they receive, provided they meet the City's overall requirements. The cost impact on the ultimate landowners in the District is not the total cost for the District to provide infrastructure services and facilities. Instead, it is the incremental costs above what the landowners would have paid to install infrastructure via an alternative management mechanism. Given the low cost of capital for a CDD, the cost impact to landowners is negligible. This incremental cost of the high quality infrastructure provided by the District is likely to be fairly low. Table 2 COST ESTIMATE FOR DISTRICT FACILITIES Cost Estimates Stormwater Drainage System $ 1,745,000 Potable Water Supply and Sewer Systems $ 2,123,061 Landscaping and Irrigation $ 2,331,776 Roadway Improvements $ 3,012,502 On Site Tree Relocation Mitigation $ 800,000 Total $ 10,012,339 5.0 An analysis of the impact on small businesses as defined by Section 288.703, F.S., and an analysis of the impact on small counties and small cities as defined by Section 120.52, F.S. There could be both positive and negative impacts on small businesses because of the establishment of the District. Positive impacts could occur as a result of the additional population in the District requiring more goods and services from small businesses. Negative impacts could occur because of the increased competition generated by the new business in the commercial area within the District. The City of Boynton Beach has an estimated population in 2004 that is greater than 10,000; therefore the City is not defined 5 as a "small" City according to Section 120.52, F.S, and there will accordingly be no impact on a small City because of the formation of the District. Palm Beach County has an estimated population in 2004 that is greater than 75,000; therefore the County is not defined as a "small" County according to Section 120.52, F.S, and there will accordingly be no impact on a small County because of the formation ofthe District. 6.0 Any additional useful information. The analysis provided above is based on a straightforward application of economic theory, especially as it relates to tracking the incidence of regulatory costs and benefits. Inputs were received from the petitioner's Engineer and other professionals associated with the petitioner. **************** 6 APPENDIX A LIST OF REPORTING REQUIREMENTS REPORT FL. STATUE CITATION DUE DATE Annual Financial Audit Annual Financial Report TRIM Compliance Report Form 1: Statement of Financial Interest Public Facilities Report Public Meetings Schedule Bond Report Registered Agent Proposed Budget Public Depositor Report 190.008 & 218.39 190.008 & 218.32 200.068 112.3145 189.415 189.417 218.38 189.416 190.008 280.17 12 months after end of fiscal year 12 months after end of fiscal year no later than 30 days following the adoption of the property tax levy ordinance/resolution (if levying property taxes) within 30 days of accepting the appointment, then every year thereafter by 7/1 (by "local officers" appointed to special district's board); during the qualifying period, then every year thereafter by 7/1 (by "local officers" elected to special district's board) within one year of special district's creation; then annual notice of any changes; and updated report every 5 years, 12 months prior to submission of local government's evaluation and appraisal report quarterly, semiannually, or annually when issued within 120 days after delivery of bonds within 30 days after first meeting of governing board prior to October 1 annually by 11/30