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File #: 24-052    Version: 1 Name:
Type: Report Status: Agenda Ready
File created: 2/20/2024 In control: Town Council/Board of Trustees
On agenda: 4/1/2024 Final action: 4/1/2024
Title: Discuss and consider an amendment to an Economic Development agreement with Granada Residential Community for Park Maintenance and other agreements as necessary; and take appropriate action. (Sean Kilbride, Mayor)
Attachments: 1. Res 13-09 Adopting an Economic Development Agreement with Centurion for Granada, 2. Res 13-25 Approving a Development Agreement for Granada, 3. Res 21-44 Authorizing the Town Manager to execute an economic Development agreement with Granada Residential Community, Inc
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TOWN STAFF REPORT RECCOMENDATIONS

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Discuss and consider an amendment to an Economic Development agreement with Granada Residential Community for Park Maintenance and other agreements as necessary; and take appropriate action. (Sean Kilbride, Mayor)

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STAFF: Sean Kilbride, Mayor

BACKGROUND:
This item has been placed on the agenda by Mayor Kilbride.
DISCUSSION:
Granada HOA has requested that the Town take over all maintenance and operations of publicly accessible property previously maintained by the HOA as agreed upon in the Economic Development and Landscape Maintenance Agreement and the Town Council in Resolution 21-44.
Mayor Kilbride has requested that in return for the Town agreeing to pay for all maintenance of the property outlined in the before mentioned agreement, that the HOA deed the property over to the Town.
If this is a new direction that Council would like to embrace, then I would strongly encourage Council to allow staff to plan how we can make and effective shift in policy. The original intent of all the developer agreements that have been signed to date encourages each developer and future development to take on as much maintenance of open space as possible to ensuring that expenses and the tax rate stay as low as possible. This is not the usual way that most municipalities handle open space, but it has been effective in keeping the costs to run the Town low. If we decide it is in the best interest of our citizens to take over the maintenance of all publicly accessible open spaces, pathways, ROW and medians then we will incur a considerable increase in expenses revolving around landscape maintenance. With the abundance of open space as part of our comp plan there will be an equally great amount of maintenance to that open space as well and therefore may require adding personnel to oversee the third-party maintenance of this much property. We will also need to weigh the cost of using a third-party landscaping company with hiri...

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