Agenda 06/25/2019 Item #17E (Currents CDD)06/25/2019
EXECUTIVE SUMMARY
Recommendation to adopt an Ordinance establishing the Currents Community Development
District located in unincorporated Collier County and containing approximately 516.28 acres;
providing for the authority of the ordinance; providing for the establishment of the boundaries for
the Currents Community Development District; providing for the designation of the initial Board
Members; providing for the District name; providing for Statutory Provisions governing the
District; providing for consent to special powers; providing for Petitioner's Commitments;
providing for conflict and severability; providing for inclusion in the Code of Laws and
Ordinances; and providing for an effective date. [PL20190000793]
OBJECTIVE: For the Board of County Commissioners (Board) to review and consider a petition for the
establishment of the “Currents” CDD by adoption of an ordinance.
BACKGROUND: The Marco Shores/Fiddler’s Creek (PUD) Ordinance, approved by Collier County on
June 12, 1984, per Ordinance No. 84-42, as amended, consists of 1,059.73±acres.
CONSIDERATIONS: The proposed District is located entirely within Collier County, Florida. The site
location is in portions of Section 13, Township 51 South, Range 26 East and in Sections 18 and 19,
Township 51 South, Range 27 East, consisting of 516.28+ acres of Land. The 210± acres requesting to
be extracted from the “Contraction Area” of the Fiddler’s Creek District #2 CDD; and including 306.28±
acres of additional acreage totals the 516.28± acres for the proposed “Currents” CDD. A map showing the
location of the land area to be serviced by the District appears as Exhibit "1" to the petition and is
attached to the Executive Summary as Attachment “1”. The Six Factors analysis by staff and referenced
on page 2, is being provided as Attachment “2”. A metes and bounds description of the proposed CDD
can be found in Exhibit "2" of the petition, and as Exhibit “A” attached to the ordinance establishing the
CDD.
On April 10, 2019, on behalf of the Landowners of the Fiddler’s Creek District #2 CDD, Rich
Yovanovich Esq., of Coleman, Yovanovich & Koester, PA submitted a petition with the Growth
Management Department, Zoning Division, Comprehensive Planning Section, requesting the
establishment of the “Currents” Community Development District, in order to manage and finance certain
basic infrastructure for the benefit of the landowners and residents of the Marco Shores/Fiddler’s Creek
PUD. A mandatory $15,000 application fee was submitted with the petition.
The proposed CDD includes an area planned for approximately 1,250 single-family and multi-family
residential homes and amenities on 516.28+ acres. As of the date of the first of four advertisements
required for the establishment of this CDD, no PUD amendment petitions for this project will be filed
with Collier County.
By adopting the ordinance and granting the petition, the Board would authorize the District, through its
Board of Supervisors, to manage and finance certain basic infrastructure for the benefit of the landowners
and residents of the “Currents” Development. This infrastructure, under section 190.012(1), Florida
Statutes, includes basic urban systems, facilities, and services, including water supply, sewers, and
wastewater management, surface water control and management (drainage), and roads, bridges, and street
lights. If adopted this ordinance would consent to the further exercise of certain additional special powers
authorized by Section 190.012(2)(d), Florida Statutes, to plan, establish, acquire, construct, reconstruct,
enlarge or extend, equip, operate and maintain systems and facilities for security, including, but not
limited to, guard-houses, fences and gates, electronic intrusion-detection systems, and patrol cars,
provided however that the District may not exercise any police power, but may contract with the
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appropriate local general purpose government agencies for an increased level of such services within the
District boundaries.
The District Board of Supervisors is initially elected in a property-based election (one-acre, one-vote),
which has been specifically ruled constitutional (State of Florida v. Frontier Acres Community
Development Dist., 472 So. 2d 455 (Fla. 1985)). By operation of law, after six (6) years of duration and
at least 250 registered electors residing within the District, the Supervisors are elected on a one -person,
one-vote basis by such registered electors.
In order to provide the basic systems, facilities, and services, the District has certain management and
financing powers. It may only exercise those powers, however, if they comply with certain strict and
detailed procedural requirements including ethics in government, disclosure, conflict of interest
requirements, noticed meetings, government-in-the-sunshine conduct, accounting and reporting
requirements to various local and state agencies, consultants' competitive negotiation procedures,
competitive bidding procedures, and others.
To provide these systems, facilities, and services, the District also is give n certain eminent domain
powers, within tight constraints, as well as the authority to require service charges, fees or taxes for the
various services rendered, ranging from installation of capital facilities to long -term maintenance and
repair. Without the County's consent, the aforementioned eminent domain power is limited to the
boundaries of the District.
Accordingly, if Collier County adopts the ordinance, then it establishes the “Currents” Community
Development District, as a management tool to benefit both Collier County's existing and future
landowners with pinpointed responsibility for timely, efficient, reliable and flexible service provision
without burdening the existing taxpayers and financial structure of Collier County. In addition, the
District is also a financing tool, off the balance sheet of the County and the developer. It will provide
long-range and sustained quality service to initial and subsequent landowners without burdening Collier
County and its taxpayers.
Finally, such a District may not outlive its practical utility and usefulness. If at any time during its
existence Collier County determines by a non-emergency ordinance that it can provide any one of the
District services in a more economical manner, over the long term, at l ower cost but with higher quality,
Collier County may then take that service away from the District and provide the service itself.
Additionally, within five (5) years after the effective date of the Ordinance establishing the District, if a
landowner has not received a development permit as defined in Chapter 380, Florida Statutes, on some
part or all of the area encompassed by the District, it will automatically be disbanded by state law. Also,
if the District becomes inactive pursuant to section 189.062, Florida Statutes, Collier County shall be
informed of such occurrence and shall take appropriate action which may include the dissolution of the
District. Finally, if the District has no outstanding financial obligations and no operating or maintenance
responsibilities, upon petition of the District, Collier County may determine by a non -emergency
ordinance to dissolve the District.
Section 190.005, Florida Statutes provides that the exclusive and uniform method for establishment of a
CDD of less than 1,000 acres shall be by county ordinance. Section 190.005, Florida Statutes outlines the
specific content required in the petition and further outlines six (6) factors for the Board of County
Commissioners to consider in determining whether to grant or de ny a petition for the establishment of a
CDD, as follows:
1. Whether all statements contained within the petition have been found to be true and
correct.
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2. Whether the creation of the District is inconsistent with any applicable element or portion
of the state comprehensive plan or of the effective local government comprehensive plan.
3. Whether the area of land within the proposed District is of sufficient size, is sufficiently
compact, and is sufficiently contiguous to be developable as one functional i nterrelated
community.
4. Whether the District is the best alternative available for delivering community
development services and facilities to the area that will be served by the District.
5. Whether the community development services and facilities of the District will be
incompatible with the capacity and uses of existing local and regional community
development services and facilities.
6. Whether the area that will be served by the District is amenable to separate special-
District government.
County legal, and planning staff have reviewed the petition and exhibits submitted by the petitioners
(attached) relative to these six (6) factors and have found the proposed “Currents” CDD petition to be
compliant with each of the six (6) review factors. Staff analysis relative to the six factors can be found in
Attachment 2.
FISCAL IMPACT: Exhibit "10" of the petition, "Statement of Estimated Regulatory Costs for
“Currents” Community Development District" delineates the fiscal impacts and timing of impacts to be
managed by the District. It is noteworthy that the estimated internal infrastructure and services to be
financed by the CDD is $59,818,400 consisting of roadway and utilities construction, earthwork and
construction of the water management system, and design and permitting work.
DISTRICT RESPONSIBILITIES: According to the petition, the “Currents” Community Development
District, if the ordinance is adopted, will assume responsibility for the construction of the following:
Earthwork, Wastewater System, Water Supply System, Surface Water Management, Roads and Paving,
Landscape & Irrigation, Entrance Features, Fences & Gates, and Other (sidewalks).
“SECTION SEVEN” PETITIONER’S COMMITMENTS: The adoption of this Ordinance is
predicated upon the material inducements contained in the foregoing Recital setting forth Petitioner’s
Commitments, re-stated as follows: that the Petitioner, its successors and assigns, shall (1) elect one
resident of the District to the five-member Board of Supervisors at such time as residents begin occupying
homes in the District, and (2) record a Notice of Assessments containing the specific terms and conditions
of any special assessments imposed to secure bonds issued by the District, which notice shall be recorded
immediately after any such bond issuance. The Board shall retain any and all rights and remedies
available at law and in equity to enforce Petitioner’s Commitments against Petitioner, its successors and
assigns.
GROWTH MANAGEMENT IMPACT: The 516.28+ acres of the “Currents” CDD is designated Urban
Mixed-Use District, Urban Coastal Fringe Subdistrict, as depicted on the Collier County Future Land Use
Map. Although the establishment of this District does not constitute any development approval, the plan
of development previously approved for the subject property has been determined to be consistent with
the Collier County Growth Management Plan (GMP). Accordingly, any future petitions for rezone or
development permits will be subsequently reviewed at the time of submittal and will be subject to the
requirements and limitations specified in the Collier County Land Development Code (LDC) and will be
required to be consistent with the GMP in effect at that time.
LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, is approved as to
form and legality and requires a majority vote for Board approval. -JAK
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RECOMMENDATION: To consider adoption and enactment of the proposed ordinance establishing
the “Currents” Community Development District.
Prepared by Marcia R. Kendall, Senior Planner, Growth Management Department, Zoning Division,
Comprehensive Planning Section
ATTACHMENT(S)
1. Proposed Ordinance - JAK signed (PDF)
2. Currents CDD Petition-Application (PDF)
3. Affidavit of Pre-Filed Testimony (PDF)
4. Currents CDD Letter of Purpose (PDF)
5. Exhibit 1 Location Map (PDF)
6. Exhibit 2 Metes & Bounds Legal Descript. (PDF)
7. Exhibit 3 Evidence of Consent (PDF)
8. Exhibit 3A Storm Water Managmennt (PDF)
9. Exhibit 3B Wastewater Plan (PDF)
10. Exhibit 3C Proposed Water Plan (PDF)
11. Exhibit 4 Existing Land Use Map (PDF)
12. Exhibit 5 Proposed Land Use Map (PDF)
13. Exhibit 6 Proposed Development Plan (PDF)
14. Exhibit 7 Existing Utility Map (PDF)
15. Exhibit 8 Construction Cost Estimates (PDF)
16. Exhibit 10 Statement of Estimated Regulatory Costs (PDF)
17. Warranty Deed (PDF)
18. Copy of Check (PDF)
19. NDN Advertisement & Affidavits (PDF)
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COLLIER COUNTY
Board of County Commissioners
Item Number: 17.E
Doc ID: 8866
Item Summary: Recommendation to adopt an Ordinance establishing the Currents Community
Development District located in unincorporated Collier County and containing approximately 516.28
acres; providing for the authority of the ordinance; providing for the establishment of the boundaries for
the Currents Community Development District; providing for the designati on of the initial Board
Members; providing for the District name; providing for Statutory Provisions governing the District;
providing for consent to special powers; providing for Petitioner's Commitments; providing for conflict
and severability; providing for inclusion in the Code of Laws and Ordinances; and providing for an
effective date. [PL20190000793]
Meeting Date: 06/25/2019
Prepared by:
Title: Planner, Senior – Zoning
Name: Marcia R Kendall
05/21/2019 6:59 AM
Submitted by:
Title: Division Director - Planning and Zoning – Zoning
Name: Michael Bosi
05/21/2019 6:59 AM
Approved By:
Review:
Zoning Michael Bosi Additional Reviewer Completed 05/21/2019 8:32 AM
Growth Management Department Judy Puig Level 1 Reviewer Completed 05/21/2019 11:05 AM
Growth Management Department Thaddeus Cohen Department Head Review Completed 05/23/2019 12:59 PM
Growth Management Department James C French Deputy Department Head Review Completed 05/28/2019 5:58 PM
County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 05/29/2019 7:55 AM
Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 06/06/2019 4:56 PM
Office of Management and Budget Laura Zautcke Additional Reviewer Completed 06/07/2019 10:43 AM
County Manager's Office Nick Casalanguida Level 4 County Manager Review Completed 06/16/2019 3:34 PM
Board of County Commissioners MaryJo Brock Meeting Pending 06/25/2019 9:00 AM
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Packet Pg. 2895 Attachment: Proposed Ordinance - JAK signed (8866 : Establishment of the "Currents: Community Development District)
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Packet Pg. 2896 Attachment: Proposed Ordinance - JAK signed (8866 : Establishment of the "Currents: Community Development District)
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Packet Pg. 2897 Attachment: Proposed Ordinance - JAK signed (8866 : Establishment of the "Currents: Community Development District)
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Packet Pg. 2898 Attachment: Proposed Ordinance - JAK signed (8866 : Establishment of the "Currents: Community Development District)
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Packet Pg. 2899 Attachment: Proposed Ordinance - JAK signed (8866 : Establishment of the "Currents: Community Development District)
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Packet Pg. 2900 Attachment: Proposed Ordinance - JAK signed (8866 : Establishment of the "Currents: Community Development District)
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Packet Pg. 2901 Attachment: Proposed Ordinance - JAK signed (8866 : Establishment of the "Currents: Community Development District)
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Packet Pg. 2902 Attachment: Proposed Ordinance - JAK signed (8866 : Establishment of the "Currents: Community Development District)
BEFORE THE COUNTY COMMISION OF COLLIER COUNTY, FLORIDA
IN RE: AN ORDINANCE TO ESTABLISH THE CURRENTS COMMUNITY
DEVELOPMENT DISTRICT
PETITION
Taylor Morrison of Florida, Inc., a Florida profit company ("Petitioner"), hereby submits
this Petition to the Board of County Commissioners of Collier County, Florida, pursuant to the
Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes, to
establish a Community Development District with respect to the land described herein. In
support ofthis Petition, Petitioner states as follows:
l. Location and Size. The proposed District is located in Collier County, Florida,
and contains approximately 5 16.28 acres. depicts the general location ofthe
project. The metes and bounds description ofthe external boundaries ofthe District is set
forth in Exhibit "2".
2. Landowner Consent. Attached hereto as Exhibit "3" and made a part hereof in
this written consent of the owner of 100% ofthe real property to be included within the
District.
3. Name. The proposed name of the District to be established is Currents
Community Development District (the "District").
4. Initial Board Members. The five person designated to serve as initial members of
the Board of Supervisors ofthe proposed District are as follows
l. John Wollard 2. Ryan Futch
3. Andrew Miller 4. Timothy Martin
5. Richard Brown
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Packet Pg. 2903 Attachment: Currents CDD Petition-Application (8866 : Establishment of the "Currents: Community Development District)
All ofthe above listed persons are located at 551 Cattlemen Road, Suite 200, Sarasota,
Florida 34232, are residents of the State of Florida and citizens of the United States of
America.
5. Existine Land Uses. The existin g land uses within and abutting the proposed
District are depicted in Exhibit adjacent property to the west is zoned Marco
Shores/Iiddler's Creek PUD. The adjacent property to the east is zoned Agricultural and
Village Residential. The adjacent property to the north is zoned Agricultural, Industrial,
C-5 and C4. The adjacent property to the south is zoned Marco Shores/Fiddler's Creek
PUD. The lands within the proposed District are zoned Marco Shores/Iiddler's Creek
PUD.
6. Future Land Uses. The future general distribution, location and extent of the
public and private land uses proposed within the District are shown on Exhibit "5".
These proposed land uses are consistent with the state comprehensive plan and Collier
County Comprehensive Plan. The proposed development ofthe lands within the District,
as approved by Collier County Ordinance No. 84-42, as amended (the Marco
Shores/Fiddler's Creek PUD Ordinance") contemplates the construction of approximately
1250 single and multi-family residential units on 516.28 acres. The land within the
District will consist of approximately 5 16.28 acres. The County Future Land Use
Element designates the land contained within the proposed District as Rural Fringe
Mixed Use District. Exhibit "6" shows the proposed development plan for the lands
within the District.
7. Major Water and Wastewater Facilities. shows the existing major
trunk water mains and sewer connections serving the lands within the District. Exhibit
"7" also depicts the major outfall canals and drainage system for the lands within the
proposed District.
8. District Facilities and Services. The Petitioner presently intends for the District to
participate in the funding and construction ofthe following described improvements:
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Packet Pg. 2904 Attachment: Currents CDD Petition-Application (8866 : Establishment of the "Currents: Community Development District)
Stormwater managementi
Water distribution;
Wastewater collection; and
Rights-of-way and open space improvements.
Exhibit *8' describes the type of services and facilities Petitioner presently expects the
District to fund, construct and install. The estimated costs of construction are also set
forth in Exhibit "8". The proposed timetable for construction is shown in Exhibit "9".
These are good faith estimates but are subject to change. Actual construction timetables
and expenditures will likely vary, due in part to the effects of future changes in economic
conditions upon costs such as labor, services, materials, interest rates and market
conditions.
9.lma Re ul is a Statement of
Estimated Regulatory Costs prepared in accordance with the requirements of Section
I 20.541, Florida Statutes.
10. Petitioner and Authorized Agent. The Petitioner is Taylor Morrison of Florida,
Inc., a Florida profit company, whose address is 4900 N. Scottsdale Road, Suite 2000,
Scottsdale, AZ 85251. Copies of all correspondence and official notices should also be
sent to the authorized agent for the Petitioner:
Coleman, Yovanovich & Koester, P.A
Aun: Richard D. Yovanovich, Esq.
4001 Tamiami Trail North, Suite 300
Naples, Florida 34103
Phone: (239) 435-3535
Fa,r: (239) 435- 1218
I L This petition is to establish the Currents Community Development District should
be granted for the following reasons:
a. Establishment ofthe District and all land uses and services planned
within the proposed District are not inconsistent with any applicable element or
a
b
c
d
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Packet Pg. 2905 Attachment: Currents CDD Petition-Application (8866 : Establishment of the "Currents: Community Development District)
portion of the state comprehensive plan or the effective local govemment
comprehensive plan.
b. The area of land within the proposed District is part of a unified
plan of development that has been or will be approved by Collier County. It is of
a sufficient size and is sufficiently compact and contiguous to be development as
one functional and interrelated community.
c. The proposed District will be the best altemative available for
delivering community development services and facilities to the area to be served
without financially impacting persons residing outside the District. Establishment
of the District in conjunction with a comprehensively planned community, as
proposed, allows for a more efficient use of resources.
d. The community development services and facilities of the District
will be compatible with the capacity and use of existing local and regional
community development services and facilities. In addition, the establishment of
the District will provide a perpetual entity capable of making reasonable
provisions for the operation and maintenance of the District services and facilities
in the future.
e. The area to be served by the proposed District is amenable to
separate special-district govemment.
WHEREFORE, Petitioner respectfully requests the Board of County
Commissioners of Collier County, Florida to:
a. Hold a public hearing to consider the establishment ofthe Currents
Community Development District in accordance with the requirements of Section
I 90.005(2Xb), Florida Statutes; and
b. Adopt an ordinance pursuant to Chapter 190, Florida Statutes,
granting this Petition and establishing the Currents Community Development District.
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Packet Pg. 2906 Attachment: Currents CDD Petition-Application (8866 : Establishment of the "Currents: Community Development District)
SUBMITTED this 2L'r- day of A&urcq2Ol9
Taylor Morrison of Florida, Inc.
By:
Andrew Miller. Authorized Agent
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Packet Pg. 2907 Attachment: Currents CDD Petition-Application (8866 : Establishment of the "Currents: Community Development District)
I, Cammie LaRhae Longenecker, Vice President of Taylor Morrison ol Florida, Inc., hereby
authorize Andrew -'Drew" Miller, as Authorized Agent, in matters involving Taylor Morrison of
Florida, Inc., and/or Currents Community Development District, with any Govemmental
Agency, including but not limited to Collier County Board of County Commissioners.
Exscuted this J{ day of April,2019.
TA MORRISON OF FLORIDA, INC.
a Flori t company
ByiTitle
Vice t
Inc., a Florida profit company and who is personally known to ne or who has
produced_as identification.
My Commission Expires:
Notary Public
Deborah K. Beckett
Print Name of Notary
Print: Cammie LaRhae Lonsenecker
STATE OF FLORIDA
COLINTY OF COLLIER
The foregoing instrument was acknowledged before me this !!4 day of April,2019, by
Cammie LaRhae Longenecker , Vice President of Taylor Morrison of Florida,
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Packet Pg. 2908 Attachment: Currents CDD Petition-Application (8866 : Establishment of the "Currents: Community Development District)
Affidavit Pre-Filed
Testimony
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Packet Pg. 2909 Attachment: Affidavit of Pre-Filed Testimony (8866 : Establishment of the "Currents: Community Development District)
BEFORE THE BOARD OF COMMISSIONERS
COLLIER COUNTY, FLORIDA
STATE OF FLORIDA
COUNTY OF COLLIER
IN RE:PETTTION TO ESTABLISH THE
CURRENTS COMMUNITY
DEVELOPMENT DISTRICT
AFFIDAVIT ADOPTION WRITTEN, PRE-FILED TESTIMONY
STATE OF FLORIDA
COUNTY OF COLLIER
I, Jeremy H. Arnold, P.E., Senior Vice President of Waldrop Engineering, P.A., a Florida
corporation, its general partner, being duly swom, do hereby state lor my affidavit as follows:
1. I have personal knowledge ofthe matters set forth in this affidavit.
2. My name is Jeremy H. Arnold, P.E. and I am Senior Vice President of Waldrop
Engineering, P.A., a Florida corporation.
3. The prepared, written, pre-filed testimony, submitted under my name to Collier
County relating to the establishment of the Currents Community Development
District, and attached hereto, is true and correct.
4. [f I were asked the questions contained in the pre-filed testimony orally, my oral
answers would be the same as the written answers presented in my pre-filed
testimony.
5. My pre-filed testimony generally addresses the nature ofthe services and facilities to
be provided by the proposed Currents Community Development District, the truth
and accuracy of the Petition to establish the proposed District, and compliance with
the factors to be considered in the establishment of a community development
district.
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Packet Pg. 2910 Attachment: Affidavit of Pre-Filed Testimony (8866 : Establishment of the "Currents: Community Development District)
Under penalties of perjury, I declare that I have read the foregoing and the facts alleged
are true and correct to the best of my knowledge and belief.
Executive this{day or rY?i\ .zos.
.leremy II. Arnold, P.E.. Senior Vice President of W Engincering, P.A.. a Florida
corporation,
By
H ld, P.E.
S ORN TO and SUBSCRIBED before me by the AfIi ft^
on this day of
2019.
N Public State of Florida
a€s<ica-K.u^n
Typed Name of Notary Public
Personally Known
Type Identification produced
J
Slato of Florida-ilotcry Public
Commission # GG 170813
My Commission Expires
JESSICA K LI
16,2022
2
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Packet Pg. 2911 Attachment: Affidavit of Pre-Filed Testimony (8866 : Establishment of the "Currents: Community Development District)
Testimony of Jeremy H. Arnold , P,E.
April 4,2019
l. Please state your name and business address.
Jeremy H. Amold, P.E.
Waldrop Engineering, P.A.
28100 Bonita Grande Drive
Suite 305
Bonita Springs, FL 34135
2. By whom are you employed and in what capacity?
Waldrop Engineering, P.A., Senior Vice President
3. And what is the nature of vour firm's business?
Civil Engineering
4. Please describe your experience and credentials, including your current
employment.
5. Please provide your professional background, with degrees earned, major areas
of study, year of degree, and institutions attended.
Graduate from University of Kentucky with a BS in Civil Engineering with over 16 years
ofexperience practicing civil engineering in south west Florida.
6. Do you hold any professional designations or certifications?
Florida Professional Engineer (FL #66421)
7. Are you a member ofany professional associations?
Member of the FES Caloosa Chapter
8. Prior to your current employment, by whom were you employed and in what
position?
Barron Collier Companies, Land Development Project Manager.
1
Director oloperations and senior project manager for Waldrop Engineering. Land
Development expert in water management, utility systems, grading, roadway and site
planning.
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Packet Pg. 2912 Attachment: Affidavit of Pre-Filed Testimony (8866 : Establishment of the "Currents: Community Development District)
9. Do you consider yourself an expert in civil engineering?
I have been deemed an expert.
10. PIease describe your experience with civil engineering relating to community
development districts ("CDDs") and special districts?
Lead engineering for the development and establishment of multiple CDDs; including but
not limited to Flowway CDD (Collier County), Esplanade Lake Ctub (Lee County) and
LT Ranch (Sarasota County).
11, Do you consider yourself an expert in civil engineering, capable of rendering
expert opinions on CDDs, and specifically on infrastructure for CDD services?
Yes
12. What has bcen you role with respect to the Petition to Establish ("Petition")
Currents Community Development District ("Currents CDD")?
Project Manager in charge ofCDD Engineer report and budget.
13. Are you familiar with the Petition filed to establish Currents CDD?
Yes
14. Have you reviewed the contents of the Petition?
Yes
15. Are there any changes or corrections to the Petition at this time?
None
16. Are there any changes or corrections to any ofthe exhibits attached to the
Petition at this time?
None
17. Are you generally familiar with the geographical areas, type, and scope of
development and the available services and facilities within the Currents CDD?
Yes
18. Please provide us with a brief description of Currents CDD boundaries and
location?
2
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Packet Pg. 2913 Attachment: Affidavit of Pre-Filed Testimony (8866 : Establishment of the "Currents: Community Development District)
500+/- AC CDD Boundary adjacent to the existing development known as Fiddler's
Creek in Collier County Fl.
19. Are the contents ofthe Petition and exhibits attached to it true and correct to the
best ofyour knowledge as ofthe date your prepared testimony is filed?
Yes
Let me ask you a few questions about certain opinions you may have based on your
experience with CDDs, civil engineering, real estate development, and the
development of lands within Currents CDD in particular.
20. Based on your experience, do you have an opinion as to whether the proposed
Currents CDD is of sufficient size, sufficient compactness, and sufficient contiguity
to be developed as a functionally interrelated community?
Yes
21. What is your opinion?
500 Acres and over 1200 dwelling units is adequate size lor a CDD.
22. What is the basis for your opinion?
Experience in the industry.
23. Based on your experience, do you have an opinion as to whether Currents CDD
is the best alternative available to provide community development services and
facilities to the area that will be served?
Yes
24. V,lhat is your opinion and the basis for it?
The establishment ofa CDD is a good choice to provide long term services to the
development.
25. Based on your experience, do you have an opinion as to whether thc services and
facilities to be provided by Currents CDD will be compatible with the uses and
existing local and regional facilities and services?
Yes
')
26. What is your opinion and the basis for it?
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Packet Pg. 2914 Attachment: Affidavit of Pre-Filed Testimony (8866 : Establishment of the "Currents: Community Development District)
Currents CDD is adjacent to an existing CDD that function and provides similar services.
27. Based on your experience, do you have an opinion as to whether the area to be
included within Currents CDD is amenable to being served by a separate special
district government?
Yes
28. What is the basis for your opinion?
At this time I don't believe the Currents CDD would not be amenable
29. Turning now to the state and local comprehensive plan criteria of Section
f90.005(l )(e)2., do you have an opinion as to whether the establishment of Currents
CDD is inconsistent with any applicable element or portion of the State
Comprehensive Plan?
Yes
30. What is your opinion?
Currents CDD is consistent with local Comp. PIan.
31. What is the basis of your opinion?
Industry Experience
32. Do you have an opinion, as someone with expertise in planning, as to whether
the establishment of Currents CDD is inconsistent with any applicable element or
portion of the Collier County Comprehensive Plan?
Yes
33. What is your opinion?
The establishment of the Currents CDD is consistent with the Collier County Comp.
Plan.
34. Does this conclude your testimony?
Yes
4
17.E.3
Packet Pg. 2915 Attachment: Affidavit of Pre-Filed Testimony (8866 : Establishment of the "Currents: Community Development District)
Letter of Purpose
17.E.4
Packet Pg. 2916 Attachment: Currents CDD Letter of Purpose (8866 : Establishment of the "Currents: Community Development District)
CYK 40O I Tomiomi Troil North, Suite 300
Noples, Florido 341O3
T: 239.435.3535 | F: 239.435.1218COLEMAN YOVANOVlCH KOESTER
Enrail: rvovanovichlDcvklawfi rm.com
April 9,2019
Via Mail
Collier County Board of County Commissioner
3299 Tamiami Trail East
Suite 303
Naples, Florida 34112
Dear Chairman and Commissioners
Transmitted herewith is a Petition pursuant to the Uniform Community Development
District Act of 1980, Chapter 190, Florida Statutes, to amend the Fiddler's Creek Community
Development District #2 to contract 210.003 acres of land. The District contains approximately
1059.73 acres and is located in the unincorporated area of Collier County as described in the
Petition. The sole purpose is the contracted area will be combined with approximately 516.275
acres and a new Community Development District will be formed.
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 not inconsistent with applicable elements or portions of the
effective Collier County Comprehensive Development Master Plan, as amended.
b. The area of land within the proposed District is part of a planned unit development
for which a development plan has been approved by Collier County, Ordinance 84-
42, as amended. The land encompassing the proposed District is of sufficient size
and is sufficiently compact and contiguous to be developed as one functional
interrelated community.
The community development facilities the District proposes to finance will be
compatible with the capacity and use of existing local and regional community
development services and facilities.
c
cyklawfirm.com
17.E.4
Packet Pg. 2917 Attachment: Currents CDD Letter of Purpose (8866 : Establishment of the "Currents: Community Development District)
April 9,2019
Page 2 of 2
contact me.
Sincerely,
d. The proposed District is the best altemative available for delivering community
infrastructure to the area to be served because the District provides a govemmental
entity for delivering the infrastructure in a manner that does not financially impact
persons residing outside the District.
If you have any questions or require additional information, please do not hesitate to
D z--p-
Richard D. Yovanovich, Esq.
cyklawfirm.com
L,\^,-l
17.E.4
Packet Pg. 2918 Attachment: Currents CDD Letter of Purpose (8866 : Establishment of the "Currents: Community Development District)
EXHIBIT CCI))
17.E.5
Packet Pg. 2919 Attachment: Exhibit 1 Location Map (8866 : Establishment of the "Currents: Community Development District)
PROJECT
LOCATION
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SICTION: TOw^-Sr Ill: RAN(iE
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COLLIER COL \-1'Y FLORIDA
PREPARED FOR:
TAYLOR MORRISON OF FLORIDA, INC.
5'I NORTH CATTLEMEN ROAD
SARASOTA FLORIDA ]4232
PHONET (941) l7l-0008 FAX:(941) 371-799E of tl
ENGINEERING@'.6MHretuMtNo!.e^Mi6hE
WALDROP
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FL LICENSE NO 6642t
17.E.5
Packet Pg. 2920 Attachment: Exhibit 1 Location Map (8866 : Establishment of the "Currents: Community Development District)
EXHIBIT E62))
17.E.6
Packet Pg. 2921 Attachment: Exhibit 2 Metes & Bounds Legal Descript. (8866 : Establishment of the "Currents: Community Development District)
LEGAL DESCRIPTION
A PARCEL OF LAND LOCATED IN SECTION IJ. TOWNSHIP 5I SOUTH. RANGE 26 EAST AND
SECTIONS I8 AND I9. TOWNSHIP 5I SOUTH. RAGE 27 EAST, COLLIER COLTNTY, FLORIDA,
BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
BEGINNING AT THE SOUTHEAST CORNER OF SECTION I8, TOWNSHIP 5I SOUTH, RANGE
27 EAST, COLLIER COUNTY, FLORIDA, THE SAME BEINC A POINT ON THE BOLINDARY OF
THOSE CERTAIN LANDS DESCRIBED IN THAT SPECIAL WARRANTY DEED BETWEEN
FIDDLER'S LAND INVESTOR, LLC AND TAYLOR MORRISON OF FLORIDA. INC., MADE
OCTOBER 3OTH,20I8; THENCE RUN THE FOLLOWING FOUR (4) COURSE ALONG THE
BOUNDARY OF LAST SAID LANDS: COURSE NO. l: SOUTH 00'19'26" EAST, ALONG THE
EAST LINE OF THE NORTHEAST I/4 OF SECTION I9. TOWNSHIP 5I SOUTH. RANGE 27 EAST.
COLLIER COUNTY, FLORIDA, A DISTANCE OF 908.82 FEET;COURSE NO. 2: SOUTH 89"37'25"
WEST. 5.121.01 FEET: COURSE NO. 3:NORTH 00"22'35" WEST. A DISTANCE OF 1,364.92 FEETI
COURSE NO. 4: NORTH 84"46'05" WEST, 505.52 FEET TO A POINT ON THE BOLTNDARY OF
THOSE CERTAIN LANDS DESCRIBED IN THAT PARTITION SPECIAL WARRANTY DEED
BETWEEN FC OYSTER HARBOR, LLC AND TM OYSTER HARBOR, LLC, MADE OCTOBER
3OTH,20I8; THENCE RUN THE FOLLOWING FORTY ONE (4I ) COURSES ALONG THE
BOUNDARY OF LAST SAID LANDS:COURSE NO. l: CONTINUE NORTH 84'46'0s' WEST
FEET (FOR A TOTAL OF 5 13.24 FEET); COURSE NO. 2: NORTH 77'45'48" WEST, 68.76 FEET;
COURSE NO. 3: NORTH 88'51'30' WEST,65.94 FEET; COURSE NO. 4: NORTH 84'45'l6" WEST,
595.29 FEET; COURSE NO. 5: NORTH 08"46'55" EAST. i 5.19 FEET;COURSE NO. 6: NORTH
8I'I3'05" WEST, 86.83 FEET TO A POINT OF CURVATURE;COURSE NO. 7
SOUTHWESTERLY. 40.6I FEET ALONG THE ARC OF A CIRCULAR CURVE. CONCAVE
SOUTHEASTERLY. HAVING A RADIUS OF 25.00 FEET. THROUGH A CENTRAL ANGLE OF
93"04'05" AND BEING SUBTENDED BY A CHORD THAT BEARS SOUTH 52'I4'52" WEST. 36.29
FEET; COURSE NO. 8: SOUTH 05'42'49" WEST, A DISTANCE OF 16.93 FEET TO A POINT OF
CURVATURE;COURSE NO. 9: SOUTHWESTERLY , 49.00 FEET ALONG THE ARC OF A
CIRCULAR CURVE. CONCAVE NORTHWESTERLY. HAVING A RADIUS OF 25.00 FEET,
THROUGH A CENTRAL ANGLE OF 112"17'57' AND BEING SUBTENDED BY A CHORD THAT
BEARS SOUTH 6I'5I"18" WEST.4I.52 FEET:COURSE NO. l0: NORTH 61"59'14' WEST
'7 1)
, 75.1 I
FEET TO A POINT OF CURVATUREI COURSE NO. I l: NORTHERLY,42.43 FEET ALONG THE
ARC OF A CIRCULAR CURVE, CONCAVE EASTERLY, HAVING A RADIUS OF 3O.OO FEET,
THROUGH A CENTRAL ANGLE OF 8I"02'25'AND BEING SUBTENDED BY A CHORD THAT
BEARS NORTH 2l'28'01 ' WEST, 38.98 FEET TO A POINT OF REVERSE CURVATURE; COURSE
NO. 12: NORTHWESTERLY,2I3.I3 FEET ALONG THE ARC OF A CIRCULAR CURVE,
CONCAVE SOUTHWESTERLY, HAVING A RADIUS OF 9O.OO FEET, THROUGH A CENTRAL
ANGLE OF I35'4I'08" AND BEING SUBTENDED BY A CHORD THAT BEARS NORTH 48'47'22'
WEST, I66.7I FEETTOA POINTOF REVERSE CURVATURE;COtjRSF. NO. l3: WESTERLY
61.99 FEET ALONG THE ARC OF A CIRCULAR CURVE. CONCAVE NORTHERLY. HAVING A
RADIUS OF 65.00 FEET. THROUGH A CENTRAL ANGLE OF 54'38'43' AND BEING
SUBTENDED BY A CHORD THAT BEARS NORTH 89'I8'35' WEST, 59.67 FEET;COURSE NO
l4: NORTH 6l'59'14" WEST, 36.90 FEET; COURSE NO. l5: NORTH 2l'37'59' EAST,250.74 FEET
TO A POINT OF CURVATURE; COURSE NO. l6: NORTHERLY, l2l.l7 FEET ALONG THE ARC
OF A CIRCULAR CURVE, CONCAVE WESTERLY, HAVING A RADIUS OF 23O.OO FEET.
THROUGH A CENTRAL ANGLE OF 30'I I'06'AND BEING SUBTENDED BY A CHORD THAT
BEARS NORTH 06"32'26" EAST. I I9,77 FEET TO A POINT OF REVERSE CURVATURE:
17.E.6
Packet Pg. 2922 Attachment: Exhibit 2 Metes & Bounds Legal Descript. (8866 : Establishment of the "Currents: Community Development District)
COURSE NO. l7: NORTHERLY, 14.24 FEET ALONG THE ARC OF A CIRCULAR CURVE.
CONCAVE EASTERLY, HAVING A RADIUS OF 65.00 FEET, THROUGH A CENTRAL ANGLE
OF 30'1I'06- AND BEING SUBTENDED BY A CHORD THAT BEARS NORTH 06'32'26' EAST.
33.85FEET; COURSE NO. l8: NORTH 21"37'59" EAST, 100.89 FEET TO A POINT OF
CURVATURE:COURSE NO. l9: NORTHERLY . I62.28 FEET ALONG THE ARC OF A CIRCULAR
CURVE, CONCAVE WESTERLY, HAVING A RADIUS OF I,I9O.OO FEET, THROUGH A
CENTRAL ANGLE OF 07'48'48' AND BEING SUBTENDED BY A CHORD THAT BEARS NORTH
17"13'35" EAST. I62.1 5 FEET TO A POINT OF REVERSE CURVATURE:COURSE NO. 20:
NORTHERLY, I38.92 FEET ALONG THE ARC OF A CIRCULAR CURVE, CONCAVE
EASTERLY, HAVING A RADIUS OF 5IO.OO FEET, THROUGH A CENTRAL ANGLE OF 15"36'23"
AND BEING SUBTENDED BY A CHORD THAT BEARS NORTH 21"31'22" EAST, I38.49 FEET
TO A POINT OF REVERSE CURVATURE:COURSE NO. 21 : NORTHERLY .376.9I FEET ALONG
THE ARC OF A CIRCULAR CURVE. CONCAVE WESTERLY, HAVING A RADIUS OF 89O.OO
FEET. THROUGH A CENTRAL ANGLE OF 24'I 5'5 I " AND BEING SUBTENDED BY A CHORD
THAT BEARS NORTH I7'I7'38'EAST,374.IO FEET TO A POINT OF REVERSE CURVATURE;
COURSE NO. 22: NORTHEASTERLY, 56.89 FEET ALONG THE ARC OF A CIRCULAR CURVE,
CONCAVE SOUTHEASTERLY, HAVING A RADIUS OF 5O.OO FEET. THROUGH A CENTRAL
ANGLE OF 65'I 1'08' AND BEING SUBTENDED BY A CHORD THAT BEARS NORTH 37"45'17-
EAST.53.87 FEET; COURSE NO.23:NORTH 68's9'19" EAST, 25.61 FEET;COURSE NO. 2,1:
SOUTH 5l'48'02" EAST, I 7l .93 FEET TO A POINT ON A NON-TANGENTIAL CURVE; COURSE
NO. 25: NORTHEASTERLY, 143.41 FEET ALONG THE ARC OF A CIRCULAR CURVE.
CONCAVE SOUTHEASTERLY, HAVING A RADIUS OF 895.00 FEET, THROUGH A CENTRAL
ANGLE OF 09'IO'5I'AND BEING SUBTENDED BY A CHORD THAT BEARS NORTH 44'I I'54'
F,AST. I43.26 FEET TO A POINT OF REVERSE CURVATURE;COURSE NO. 26
NORTHEASTERLY, I57.90 FEET ALONG THE ARC OF A CIRCULAR CURVE, CONCAVE
NORTHWESTERLY, HAVING A RADIUS OF 668.60 FEET, THROUGH A CENTRAL ANGLE OF
I3"3I'53" AND BEING SUBTENDED BY A CHORD THAT BEARS NORTH 42'OI'23'EAST,
I57.53 FEET TO A POINT OF COMPOUND CURVATURE;COURSE NO. 27: NORTHEASTERLY
I85.88 FEET ALONG THE ARC OF A CIRCULAR CURVE, CONCAVE NORTHWESTERLY,
HAVING A RADIUS OF 5OO.OO FEET. THROUGH A CENTRAL ANGLE OF 21'I8'OI'AND BEING
SUBTENDED BY A CHORD THAT BEARS NORTH 24"36'26" EAST, I 84.8I FEET;COURSE NO.
28: NORTH 13"57'25" EAST. 434.86 FEET TO A POINT OF CURVATURE:COURSE NO. 29:
NORTHEASTERLY, 389.88 FEET ALONG THE ARC OF A CIRCULAR CURVE, CONCAVE
SOUTHEASTERLY, HAVING A RADIUS OF 495.00 FEET. THROUGH A CENTRAL ANGLE OF
45'07'42" AND BEING SUBTENDED BY A CHORD THAT BEARS NORTH 36'3I'16" EAST,
179.88 FEET TO A POINT OF REVERSE CURVATURE; COURSE NO. 30: NORTHEASTERLY,
I5 I .58 FEET ALONG THE ARC OF A CIRCULAR CURVE, CONCAVE NORTHWESTERLY,
HAVING A RADIUS OF I5O.OO FEET, THROUGH A CENTRAL ANGLE OF 57'54'OI'AND BEING
SUBTENDED BY A CHORD THAT BEARS NORTH 30'08'06' EAST. I45.2I FEET TO A POINT
ON A NON-TANGENTIAL CURVE; COURSE NO. 3l: EASTERLY, 303.95 FEET ALONG THE
ARC OF A CIRCULAR CURVE, CONCAVE NORTHERLY, HAVING A RADIUS OF 255.00 FEET,
THROUGH A CENTRAL ANGLE OF 68"'17'37" AND BEING SUBTENDED BY A CHORD THAT
BEARS NORTH 72"41'19' EAST, 286.27 FEET TO A POINT OF REVERSE CURVATURE;
COURSE NO. 32: NORTHEASTERLY,214.76 FEET ALONG THE ARC OF A CIRCULAR CURVE,
CONCAVE SOUTHEASTERLY, HAVING A RADIUS OF 25O.OO FEET, THROUGH A CENTRAL
ANGLE OF 49'I3'09" AND BEINC SUBTENDED BY A CHORD THAT BEARS NORTH 63'09'05'
EAST, 208.22 FEET TO A POINT OF REVERSE CURVATURE;COURSE NO. 33:
17.E.6
Packet Pg. 2923 Attachment: Exhibit 2 Metes & Bounds Legal Descript. (8866 : Establishment of the "Currents: Community Development District)
NORTHEASTERLY,248.23 FEET ALONG THE ARC OF A CIRCULAR CURVE, CONCAVE
NORTHWESTERLY, HAVING A RADIUS OF 21O.OO FEET, THROUGH A CENTRAL ANGLE OF
67"43'34" AND BETNG SUBTENDED BY A CHORD THAT BEARS NORTH 53'53'52' EAST.
234.03 FEET TO A POINT OF REVERSE CURVATURE; COURSE NO. 34: NORTHEASTERLY,
I22.I I FEET ALONG THE ARC OF A CIRCULAR CURVE. CONCAVE SOUTHEASTERLY.
HAVING A RADIUS OF IOO.OO FEET, THROUGH A CENTRAL ANGLE OF 69'57'55'AND BEING
SUBTENDED BY A CHORD THAT BEARS NORTH 55'OI'02" EAST, I I4.67 FEET TO A POINT OF
REVERSE CURVATURE; COURSE NO. 35: EASTERLY, 57.32 FEET ALONG THE ARC OF A
CIRCULAR CURVE, CONCAVE NORTHERLY, HAVING A RADIUS OF IOO.OO FEET, THROUGH
A CENTRAL ANGLE OF 32'50'27' AND BEING SUBTENDED BY A CHORD THAT BEARS
NORTH 73'34'46. EAST, 56.54 FEET; COURSE NO.36: NORTH 57'09'32" EAST, 115.02 FEET;
COURSE NO. 3?: NORTH 04'35'06' WEST, 86.36 FEET TO A POINT ON A NON-TANGENTIAL
CURVE:COURSE NO. 38: NORTHEASTERLY , 528.63 FEET ALONG THE ARC OF A CIRCULAR
CURVE, CONCAVE NORTHWESTERLY, HAVING A RADIUS OF 83O.OO FEET. THROUCH A
CENTRAL ANGLE OF 36"29'32" AND BEING SUBTENDED BY A CHORD THAT BEARS NORTH
66"47'03" EAST. 519.74 FEET TO A POINT OF REVERSE CURVATURE:COURSE NO. 39:
EASTERLY.4O3.75 FEET ALONC THE ARC OF A CIRCULAR CURVE, CONCAVE SOUTHERLY,
HAVING A RADIUS OF 3OO.OO FEET. THROUGH A CENTRAL ANGLE OF 77'06'37" AND BEING
SUBTENDED BY A CHORD THAT BEARS NORTH 87'05'36" EAST,373.96 FEET;COURSE NO
40: NORTH 35"38'54'EAST, A DISTANCE OF 200.00 FEET TO A POINT ON THE SOUTHERL'I'
RIGHT-OF-WAY LINE OF TAMIAMI TRAIL (U.S.4l); COURSE NO. 4l: SOUTH 54'21'06'EAST,
ALONG SAID SOUTHERLY RIGHT.OF.WAY LINE, A DISTANCE OF 859.24 FEET TO A POINT
ON AFOREMENTIONED LANDS DESCRIBED IN THAT SPECIAL WARRANTY DEED
BETWEEN FIDDLER'S LAND INVESTOR, LLC AND TAYLOR MORRISON OF FLORIDA, INC-,
MADE OCTOBER 3OTH, 20I8; THENCE RLN THE FOLLOWING THREE (3) COURSES ALONG
THE BOUNDARY OF LAST SAID LANDS;COURSE NO. I : CONTINUE SOUTH 54'21'06" EAST
ALONG SAID SOUTHERLY RIGHT-OF-WAY LINE, 2,779.06 FEET (FOR A TOTAL DISTANCE
OF 3,638.30 FEET); COURSE NO. 2: SOUTH 54"23'36" EAST ALONG SAID SOUTHERLY RIGHT-
OF.WAY LINE, 953.19 FEET TO A POINT ON THE EAST LINE OF THE SOUTHEAST I/4 OF
AFORESAID SECTION I8:COURSE NO. 3: SOUTH 00'l l'32' WEST , ALONG THE EAST LINE
OF THE SOUTHEAST I/4 OF SAID SECTION 18. 1,272,89 FEET TO THE POINT OF BEGINNING.
CONTAINING 22,488.941 SQUARE FEET OR 5I6.275 ACRES, MORE OR LESS.
17.E.6
Packet Pg. 2924 Attachment: Exhibit 2 Metes & Bounds Legal Descript. (8866 : Establishment of the "Currents: Community Development District)
EXHIBIT CC3))
17.E.7
Packet Pg. 2925 Attachment: Exhibit 3 Evidence of Consent (8866 : Establishment of the "Currents: Community Development District)
TAYLOR MORRISON OF FLORIDA, INC., ("Owner"), by and through its authorized
representative Andrew Miller, Authorized Agent, hereby certifies that it is the owner of certain property
located in unincorporated Collier County, Florida, more particularly described on Schedule A hereto
(the "Property"). By signing below, the Owner hereby gives its full consent to the establishment by
Collier County, Florida of the CURRENTS COMMUNITY DEVELOPMENT DISTRICT (the
"District") in accordance with Section 190.005, Florida Statutes, and to the inclusion ofthe Property
within the boundaries ofthe proposed District. The Property comprises 100% of the property to be
included within the boundaries ofthe proposed District.
IN WITNESS WHEREOF, the undersigned has hereunto set his hand this lOth day of April.
2019.
TAYLOR MORRISON OF FLORIDA,
INC., a Florida profit company
By:
Andrew Miller, Authorized Agent
STATE OF FLORIDA
COI]NTY OF COI-LIER
The foregoing instrument was acknowledge before me this lOth day of April, 2019, by Andrew
Miller, Authorized Agent of Taylor Morrison of Florid4 Inc., who is personally known to me I X ] or
produced
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Notary Public Si
Printed Name: Jessica K. L
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Notary Stamp:
EXHIBIT 3
EVIDENCE OF WRITTEN CONSENT
OF OWNER'S CONSENT TO ESTABLISHMENT OF
CURRENTS COMMUNITY DEVELOPMENT DISTRICT
17.E.7
Packet Pg. 2926 Attachment: Exhibit 3 Evidence of Consent (8866 : Establishment of the "Currents: Community Development District)
EXHIBIT "3A"
17.E.8
Packet Pg. 2927 Attachment: Exhibit 3A Storm Water Managmennt (8866 : Establishment of the "Currents: Community Development District)
LEGEND
COO BOUNDARY
PROPOSED LAKE
PROPOSEO
SPREAOER LAKE
PRESERVE
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INTERCONNECTS
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PREPARED FOR:
ESTANCIA COMMI]Mry DE\GLOPMENT DISTRICT
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2900 NORT}IEAST I 2TH TER.RACE. SUITE I
OAKLAND PARK. TLORIDA ]33]4
SECTIONT IOWNSHIPT R-{NGE
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COLLIERCOUNTY FLORIDA
JEREVY H, ARNOLD. P,EFILE NAME
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17.E.8
Packet Pg. 2928 Attachment: Exhibit 3A Storm Water Managmennt (8866 : Establishment of the "Currents: Community Development District)
EXHIBIT "3B"
17.E.9
Packet Pg. 2929 Attachment: Exhibit 3B Wastewater Plan (8866 : Establishment of the "Currents: Community Development District)
LEGEND
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CDD AOUNDARY
PRESERVE
FORCE [4AIN
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17.E.9
Packet Pg. 2930 Attachment: Exhibit 3B Wastewater Plan (8866 : Establishment of the "Currents: Community Development District)
trXHIBIT "3C"
17.E.10
Packet Pg. 2931 Attachment: Exhibit 3C Proposed Water Plan (8866 : Establishment of the "Currents: Community Development District)
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PROPOSED LAKE
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PREPARED FOR:
ESTANCIA COMMTJNITY DEVELOPMENT DISTRICT
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29OO NORTIIE,{ST I2TII TERR\CE, ST'ITE I
OAKIAND PARK, !'I,ORIDA ]]]]4
SECTION: TOWNSHIP: RANCE:
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JEREMY H, ARNOLD. P.E.
FL LICENSE NO.66.12I
17.E.10
Packet Pg. 2932 Attachment: Exhibit 3C Proposed Water Plan (8866 : Establishment of the "Currents: Community Development District)
EXHIBIT CC4))
17.E.11
Packet Pg. 2933 Attachment: Exhibit 4 Existing Land Use Map (8866 : Establishment of the "Currents: Community Development District)
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CDD BOUNOARY
PREPARED FOR:
TAYLOR MORRISON OF FLORIDA, INC
55 I NORTH CATTLEMEN ROAD
SAR,ASOTA. FLORIDA 342]2
PHONEj t9al) l? I4oo8 FAX:(941) 371-'7998
EXHIBIT 4 - EXISTING LAND USE MAP
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17.E.11
Packet Pg. 2934 Attachment: Exhibit 4 Existing Land Use Map (8866 : Establishment of the "Currents: Community Development District)
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17.E.12
Packet Pg. 2935 Attachment: Exhibit 5 Proposed Land Use Map (8866 : Establishment of the "Currents: Community Development District)
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SARASOTA, TLORIDA ]42]]
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17.E.12
Packet Pg. 2936 Attachment: Exhibit 5 Proposed Land Use Map (8866 : Establishment of the "Currents: Community Development District)
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17.E.13
Packet Pg. 2937 Attachment: Exhibit 6 Proposed Development Plan (8866 : Establishment of the "Currents: Community Development District)
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COLLI€RCOUNTY TLORID^
ENGINEERING
JEREMY H, ARNOLD, P,E
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PREPARED FOR:
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17.E.13
Packet Pg. 2938 Attachment: Exhibit 6 Proposed Development Plan (8866 : Establishment of the "Currents: Community Development District)
EXHIBIT (C7))
17.E.14
Packet Pg. 2939 Attachment: Exhibit 7 Existing Utility Map (8866 : Establishment of the "Currents: Community Development District)
LEGEND
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17.E.14
Packet Pg. 2940 Attachment: Exhibit 7 Existing Utility Map (8866 : Establishment of the "Currents: Community Development District)
EXHIBIT 668"
17.E.15
Packet Pg. 2941 Attachment: Exhibit 8 Construction Cost Estimates (8866 : Establishment of the "Currents: Community Development District)
CONSTRUCTION COSTS ESTIMATES
CURRENTS COMMUNITY DEVELOPMENT DISTRICT
PHASE I
ENTIRE PITOJECT
PROI-'ESSIONAL & PERMIT FEES $ I ,l 56,501 .84
ENVIRONMENTAL, PRESERVATION &
MITIGIATION FEES $347.985.00
EARTHWORK $16,611,385.43
IRRICATION FACILITIES $975.829.1 I
LANDSCAPING $ 1,161,458.00
PERIMTER WALLS $367,500.00
POTABLE WATER SYSTEMS $ l,2l 6,240.00
S^\TARY SE \A ER SYSTF\4S $2,444,878.52
DRAINAGE SYSTEMS $1,436,117.00
OFF-SITE IMPROVEMENTS $1,271,465.77
CONTINGENCY A. IO%$4,048,404. 10
TOTAL ESTIMATED COSTS - PHASE 1 $31,037,764.77
PROFESSIONAL & PERMIT FEES 84,062.21t.32
ENVIRONMENTAL, PRESERVATION &
MITIGIATION FEES $347,985.00
EARTHWORK $16,611,385.43
IRRIGATION FACILITIES $3.606.,179.44
LANDSCAPING $3.81 5.5 3 8.00
PERIMTER WALLS $772.600.00
POTABLE WATER SYSTEMS $,+.984.531.00
SANTARY SEWER SYSTEMS $9,844,3 89.82
DRAINACE SYSTEMS $6,694,378.00
$t,27 | .465.77
coNTTNGENCY @ l5%$7.842,t44.57
TOTAL ESTIMATED COSTS _ ENTIRE PROJECT s60,123,r08.34
OFF-SITE IMPROVEMENTS
17.E.15
Packet Pg. 2942 Attachment: Exhibit 8 Construction Cost Estimates (8866 : Establishment of the "Currents: Community Development District)
EXHIBIT C6IO,,
17.E.16
Packet Pg. 2943 Attachment: Exhibit 10 Statement of Estimated Regulatory Costs (8866 : Establishment of the "Currents: Community Development District)
CURRENTS
CO MMU N ITYD EVELO PM EN T D I STRICT
STATEMENT OF ESTIMATED REGULATORY COSTS
PETITION TO ESTABLISH THE DISTRICT
Prepared by:
2/27120t9
JPWatd & Associates LLC
James P. Ward, Chief Operating Oflicer
JPWard & Associates, LLC
29OO NORTHEAST 12"1 H T ERRACE,
SUITE 1
OAKLAN D PARK, FL 33334
954.658.4900
IimWard@IPVardAssociates.com
17.E.16
Packet Pg. 2944 Attachment: Exhibit 10 Statement of Estimated Regulatory Costs (8866 : Establishment of the "Currents: Community Development District)
JP Watd and Associates LLC
1.0 lntroduction
1.1 Purpose and Scope
This statement of Estimated Regulatory costs ("sERc") supports the Petition to Establish
("Petition") the Currents Community Development District ("District"). The District encompasses
516.275 acres of land, more or less, located within Collier County, Florida. The limitations on the
scope of this SERC are explicitly set out in Section 190.002(2Xd), F.5. (governing District
formation or alteration) 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 delvervlunctiel ol
the district. so that anv matter concerning oermittin e or o lannin of the develooment is notP
material or relevant (emphasis added)."
1.2 overview of the Development and the District
A Community Development District ("CDD,l is an independent unit of special purpose local
government created and chartered by chapter 190, Florida Statutes, to plan, finance, construct,
operate and maintain community-wide infrastructure in large, planned community
developments. lt may be established on the proposed property by ordinance and this SERC is
related only to the petition to establish. CDD's provide a "solution to the state's planning,
management and financing 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 the local, general purpose, government unit, i.e., the County in
which the CDD lies. A CDD does not have the permitting, zoning or police powers possessed by
general purpose governments. A CDD is an alternative means of financing, constructing,
operating, and maintaining community infrastructure for planned developments. The scope of
this SERC is limited to evaluating the consequences of approving the proposal to establish the
District.
2.0 Statement of Estimated Regulatory Costs
2.1 Requirements for a Statement of Estimated Retulatory Costs
a) An economic analysis showing whether the rule directly or indirectly:
llPage
Section 120.541(2), F.S., defines the elements a statement of estimated regulatory costs
must contain the following elements:
17.E.16
Packet Pg. 2945 Attachment: Exhibit 10 Statement of Estimated Regulatory Costs (8866 : Establishment of the "Currents: Community Development District)
JP Watd aod Associates LLC
ls likely to have an adverse impact on economic growth, private sector job
creation or employment, or private sector investment in excess of $1 million in
the aggregate within 5 years after the implementation of the rule.
ls likely to have an adverse impact on business competitiveness, including the
ability of persons doing business in the state to compete with persons doing
business in other states or domestic markets, productivity, or innovation in
excess of 51 million in the aggregate within 5 years after the implementation of
the rule.
It ls likely to increase regulatory costs, including any transactional costs, in excess
of 51 million in the agBregate within 5 years after the implementation of the
rule.
b) 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.
c) 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.
d) A good faith estimate of the transactional costs likely to be incurred by individuals and
entities, including local government entities, required to comply with the requirements
of the rule. As used in this section, "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,
the cost of monitoring and reporting, and any other costs necessary to comply with the
rule.
e) An analysis of the impact on small businesses as defined by s. 288.703, and an analysis
of the impact on small counties and small cities as defined in s. 120.52. The impact
analysis for small businesses must include the basis for the aBency's decision not to
implement alternatives that would reduce adverse impacts on small businesses.
f) Any additional information that the agency determines may be useful
t.
2lPage
17.E.16
Packet Pg. 2946 Attachment: Exhibit 10 Statement of Estimated Regulatory Costs (8866 : Establishment of the "Currents: Community Development District)
JP Wetd and Associates LLC
g) ln the statement or revised statement, whichever applies, a description of any
regulatory alternatives submitted under Section 1.20.5a1(l.Xa) and a statement adopting
the alternative or a statement of the reasons for rejecting the alternative in favor of the
proposed rule.
The references to the "rule" in the statutory requirements for the Statement of
Estimated Regulatory Costs also apply to an "ordinance" under Section 190.005 (2)(a),
F.S. as amended.
3.0 Analysis of Required Elements of the Statement of Estimated Regulatory Costs
3.1 Questions:
3.1.1 ls likely to have an adverse impact on business com petit ive ness,
including the ability of persons doing business in the state to compete
with persons doing business in other states or domestic markets,
productivity, or innovation in excess of 51 million in the aggregate
within 5 years after the implementation of the rule.
3.1.2 ls likely to increase regulatory costs, including any transactional costs, in
excess of 51 million in the aggregate within 5 years after the
implementation of the rule.
3.1.3 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.
3.2 Responses:
3.2.L The ordinance to establish the District will not have any adverse impact
(direct or indirect) on economic groMh, private sector job creation or
employment, private sector investments, business competitiveness, the
ability of persons doing business in the State to compete with persons
doing business in other states or domestic markets, productivity, or
innovation.
Any increases in regulatory costs, principally dealing with transactional
costs as a result of imposition of special assessments by the District will
be the direct result of facilities and services provided by the District to
the landowners within the District, and it should be noted that property
ownership in the District is voluntary and all costs associated with the
3lPage
17.E.16
Packet Pg. 2947 Attachment: Exhibit 10 Statement of Estimated Regulatory Costs (8866 : Establishment of the "Currents: Community Development District)
JP Watd aod Associates LLC
District are required to be disclosed to prospective purchasers prior to
sale, these costs are self-imposed and offset by the benefits derived
from the services provided by the District.
Next, the sole reason for the establishment of the District is to provide public
facilities and services to support the development of the Community. The District will
promote local economic activity, create local value, lead to local private sector
investment and is likely, at least in the short term, to support local private sector
employment and/or lead to local new iob creation.
The District will allow to plan, fund, implement, operate and maintain,
for the benefit of the landowners within the District, various public
facilities and services necessary for the continued development of the
community. Such facilities and services, will allow for the development
of the land within the District for private use. The provision of District's
infrastructure and the subsequent development of the private land will
generate private economic activity, private economic groMh, private
investmentand employment, and job creation. The District will use
proceeds of indebtedness to fund construction of public
infrastructure, which will be constructed by private firms, and once
constructed, will use private firms to operate and maintain such
infrastructure/provide services to the landowners and residents of
the District. While similar economic growth, private sector job
creation or employment, or private sector investment could be
achieved in the absence of the District by the private sector alone, the
fact that the District was requested by the private developer means
that the private developer considers the operation of the District as
beneficial to the process of land development and the future economic
activity taking place within the District, which in turn will lead directly
or indirectly to the economic growth, likely private sector job and/or
support private sector employment, and private sector investments.
When assessing the question of whether the District is likely to directly
or indirectly have an adverse impact on business competitiveness,
including the ability of persons doing business in the state to compete
with persons doing business in other states or domestic markets,
productivity, or innovation, one has to compare these factors in the
presence and in the absence of the District in the development. When
the question is phrased in this manner, it can be surmised that the
4lPage
17.E.16
Packet Pg. 2948 Attachment: Exhibit 10 Statement of Estimated Regulatory Costs (8866 : Establishment of the "Currents: Community Development District)
JP Wztd aad Associatcs LLC
District is likely to not have a direct or indirect adverse impact on
business competitiveness, productivity, or innovation versus that same
development without the District. Similarly to a purely private solution,
District contracts will be bid competitively so as to achieve the lowest
cost/best value for any particular infrastructure or services desired by
the landowners under a "lowest responsive/responsible bid" method,
which will insure that contractors wishing to bid for such contracts
will have to demonstrate to the District the most optimal mix of
cost, productivity and innovation. Additionally, the District for the
development is not likely to cause the award of the contracts to favor
non-local providers any more than if there was no District. The District
in its purchasing decisions will not vary from the same principles of cost,
productivity and innovation that guide private enterprise.
3.3 Question:
3.3.1
3.4 Response:
3.4.1
Likelihood on an increase in regulatory costs, including any transactional
costs, in excess of S1 million in the aggregate within 5 years after the
implementation of the rule.
The District will not increase any regulatory costs of the State or the
County. The District will pay a one-time filing fee to Collier County to
offset any expenses that the County may incur in the processing of this
petition. Similarly, the District will be required to pay the annual Special
District Filing Fee, which fee is meant to offset any State costs related
to its oversight of all special districts in the State.
The establishment of the District will, however, directly increase
regulatory costs to the new landowners within the District. Such
increases in regulatory costs, principally the anticipated increases in
transactional costs as a result ol likely imposition of special
assessments and use fees by the Oistrict will be the direct result of
facilities and services provided by the District to the landowners
within the District. However/ as property ownership in the District
is completely voluntary, all current property owners must consent
to the establishment of the District and the likelihood of additional
transaction costs, and all initial prospective buyers must have such
additional transaction costs disclosed to them prior to sale, as
required by State law, such increases should be considered voluntary,
5lpage
17.E.16
Packet Pg. 2949 Attachment: Exhibit 10 Statement of Estimated Regulatory Costs (8866 : Establishment of the "Currents: Community Development District)
JP Ward ead Associetes LLC
self-imposed, and as a tradeoff for the services and facilities
provided by the District. As to the anticipated amount of the
transactional costs in the aggregate within 3 years, they are anticipated
to not exceed approximately 559,818,400.00 as more fully described in
the cost estimate table in the Petition and this sERC.
3.5 Question:
3.5.1
3.5 Response:
3.5.1
3.7 Question:
3.7.L
3.8 Response:
3.8.1
A good faith estimate of the numberof individualsand 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 establishment of the District serves land that comprises 434.063
acres in size and in the master planned residential development,
currently planned to be made up of an estimated 1,090 residential
dwelling units along with a clubhouse/amenity feature such as pool and
meeting room(s) and outdoor recreationaluses. The property owners in
the District will be individuals that may operate industrial,
manufacturing and other retail and non-retail related businesses
outside the boundaries of the District.
Agoodfaith estimate of the cost to the agen cy, a nd toanyotherstate
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 pro.iect
that is anticipated to effect state or local revenues. ln 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, the County, or any other unit of local government. ln
accordance with State law, debts of the District are strictly its own
responsibility.
SlPage
17.E.16
Packet Pg. 2950 Attachment: Exhibit 10 Statement of Estimated Regulatory Costs (8866 : Establishment of the "Currents: Community Development District)
JP Watd aad Associates LLC
3.10
A good faith estimate of the transactional costs likely to be incurred by
individuals and entities, including local government entities, required to
comply with the requirements of the rule. As used in this section,
'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, the cost of monitoring and
reporting, and any other costs necessary to comply with the rule.
Response:
3.10.1 lndividua ls and Entities:
Table 1 below provides an outline of the various facilities and services
the District may provide.
Edrthwork CDD CDD CDD/HOA
Wdstewoter Focilities CDD Collier Cty. Collier Cty.
Surfoce Wdter Monogment CDD CDD.CDD/HOA
lrrigotion Systems CDD CDD cDD/HOA
OII-Site lmprovements CDD CDD cDo/HoA
E nv i ro n me nto I Foci I ities CDD CDD CDD/HOA
Landscoping CDD cDD/HOA
Permetiter Woll ond Fences CDD CDD CDD/HOA
Prolessionol Fees CDD CDD CDD
Constructed
by
OwnershiD Mointenonce
Contingency (10%)CDD CDD CDD
TlPage
3.9 Question:
3.9.1
Description
CDD
17.E.16
Packet Pg. 2951 Attachment: Exhibit 10 Statement of Estimated Regulatory Costs (8866 : Establishment of the "Currents: Community Development District)
JP Watd aod Associates LLC
The District may enter an agreement with the Homeowne/s
Associations for the operations and maintenance of the facilities that
will remain in the ownership of the District.
The petitioner has estimated the design and development costs for
providing the capital facilities as outlined in Table 1. The cost estimates
are shown in Table 2 below. Total design and development costs for
these facilities are estimated to be approximately 538,813,500.00. The
District may levy non-ad valorem special assessment (by a variety of
names) and may issue revenue and other bonds to fund the
management of these facilities. These bonds would be repaid through
non-ad valorem special assessments (by a variety of names) levied on all
properties in the District that receive special and peculiar benefit from
the District's capital improvement program as outlined in Table 2.
Prospective future landowners in the Development may be required to
pay non-ad valorem special assessments levied by the District to provide
for facilities or operations and maintenance and secure any debt
incurred through bond issuance. ln addition to the levy of non-ad
valorem special assessments which may be used for debt service, the
District may also levy a non-ad valorem assessment to fund the
operations and maintenance of the District and its facilities and services.
However, locating in the District by new residents is completely
voluntary and levy of such assessments, as well as the prospect of such
assessments, are noticed and disclosed fully. So, ultimately, all owners
and users of the affected property choose to accept the non-ad valorem
assessments as a tradeoff for the services and facilities that the District
will provide. ln addition, state law requires all assessments levied by the
District to be disclosed by the seller to all prospective purchasers of
property within the District.
A Community Development District "CDD" provides the property
owners with an alternative mechanism of providing public services;
however, special assessments and other lmpositions levied by the
District (and collected by law) represent the transactional costs incurred
by landowners as a result of the establishment of the District. Such
transactional costs should be considered in terms of costs likely to be
incurred under alternative public and private mechanisms of service
provision, such as other independent Special Districts, County or its
8lPage
17.E.16
Packet Pg. 2952 Attachment: Exhibit 10 Statement of Estimated Regulatory Costs (8866 : Establishment of the "Currents: Community Development District)
JP Wed end Associates LLC
Dependent Districts or county management, but financing with
municipalservice benefit units and municipal service taxing units which
are not Districts, or private entities, all of which can be grouped into
three major categories: public district, public other, and private.
Other public entities, such as municipalities and counties, also are
capable of providing services, however, their costs in connection with
the new services and infrastructure required by the new development,
transaction costs, would be borne by all taxpayers, unduly burdening
existing taxpayers and would also be inconsistent with the State's policy
of "growth paying for growth".
Lastly, services and improvements could be provided by private entities.
However, their interests are primarily short-term profits and there is no
public accountability. The marginal benefits of tax-exempt financing
utilizing CDDs would cause the CDD to utilize its lower transactional
costs to enhance the quality of infrastructure and services.
ln considering transactional costs of CDDs, it shall be noted that
occupants of the lands to be included within the District will receive
three major classes of benefits.
First, those residents in the District will receive a higher level of public
services which in most instances will be sustained over longer periods of
time than would otherwise be the case.
Second, a CDD is a mechanism for assuring that the community services
will be completed concurrently with development of lands within the
Development. This satisfies the revised growth management legislation,
9lpage
With regards to costs of public district mechanism of public services
delivery to the developments within the proposed area, Dependent and
other lndependent Special Districts can be used to manage the
provision of infrastructure and services, however, they are limited in the
types of services they can provide, and likely it would be necessary to
employ more than one district to provide all services needed by the
development. Transaction costs resulting from the employment of more
than one district would likely be higher than those resulting from a
single entity such as a CDD.
17.E.16
Packet Pg. 2953 Attachment: Exhibit 10 Statement of Estimated Regulatory Costs (8866 : Establishment of the "Currents: Community Development District)
and it assures that growth pays for itself without undue burden on
other consumers. Establishment of the District will ensure that these
landowners pay for the provision of facilities, services and
improvements to these lands
Table 2. Cost Estimate for District Facilities
Edrthwotk s 16,612,000.00
Wostewotet Focilities s 9,845,000.00
Potd bl e Wo te t F o c i I itie s s 4,98s,000.00
Woter M onagement Focilities s 5,69s,000.00
hrigotion Focilities s 3,607,000.00
OIf-Site Fdcilities s 1,272,000.00
E nv ho n m e nto I F o ci I iti e s s 348,000.00
Lo n d sco pi n g F a ci I it i e s s 3,816,000.00
Perimeter Wolls & Fences s 773,000.00
Professional Fees s 4,063,000.00
Contingency (10%)s 7,802,400.00
Totol: s59,818,4O0.00
Third, a CDD is the sole form of local governance which is specifically
established to provide District landowners with planning, construction,
implementation and short- and long-term maintenance of community
infrastructure at sustained levels of service.
l0 lPage
JP Ward aad Associatcs LLC
Descripaa of Facilities to be Coastructed by
Disttict
Estimzted
Coasaucdoa Cost
17.E.16
Packet Pg. 2954 Attachment: Exhibit 10 Statement of Estimated Regulatory Costs (8866 : Establishment of the "Currents: Community Development District)
JP Wad and Associates LLC
The cost impact on the ultimate landowners in the Development is not
the total cost for the District to provide infrastructure services and
facilities. lnstead, it is the incremental costs above, if applicable, what
the landowners would have paid to install infrastructure via an
alternative financing mechanism. Given the low cost of capital for a CDD
due to tax-exempt financing, landowners within the District can usually
expect the marginal benefits of finance savings directed toward higher
quality of infrastructure than landowners in similar developments not
located within CDDs.
State Governmental Agencies
There will be only a modest cost to the Department of Economic
Opportunity and any other State governmental entity to implement the
establishment of the District. The District as proposed is within
unincorporated Collier County.
Local Government: (Collier Cou nty)
The proposed land for the District is in Collier County, Florida and
consists of approximately 515.275 acres more or less. Collier County and
its staff may process, analyze, conduct a public hearing, and vote upon
the petition to establish the District. These activities will absorb some
resources. The costs to review the record of the local hearing, the
transcript of the hearing, and the ordinance adopted by the local
generaFpurpose government will be offset by the filing fee required
under 190.005 (1), F.S.
These costs to Collier County are modest for a number of reasons. First,
according to Chapter 190, F.5., review of the Petition to establish the
District does not include analysis of any community developments
within the boundaries ofthe District. Second, the Petition itself provides
much of the information needed for a staff review. Third, local
governments already possess the staff needed to conduct the review
without the need for new staff. Fourth, there is no capital required to
review the Petition. Fifth, the potential costs are offset by the required
filing fee. Finally, general purpose local governments routinely process
petitions for land uses and zoning chanBes that are far more complex
than is the Petition to establish a community development district.
11 lPage
17.E.16
Packet Pg. 2955 Attachment: Exhibit 10 Statement of Estimated Regulatory Costs (8866 : Establishment of the "Currents: Community Development District)
3.11
?.L2
3.13
3.r4
JP Ward aad Associates LLC
The annual costs to the County, are minimal, in that they consist of the
District filing certain reports with the County, such as proposed and
adopted budgets, notice of annual meetings, etc.
Question:
3.11.1 An analysis of the impact on small businesses as defined by s. 288.703,
F.S., and an analysis of the impact on small counties and small cities as
defined in s. L20.52, F.S. The impact analysis for small businesses must
include the basis for the agency's decision not to implement alternatives
that would reduce adverse impacts on small businesses.
Response:
3.12.1 There will be no impact on small businesses because of the
establishment the District. lf anything, the impact may be positive,
Collier County has an estimated population that is greater than 75,000
according to the Census estimates as of July, 2016 ; therefore the
County is not defined as a "small " County according to Section
120.52 (18), F.S, and there will accordingly be no impact on County
because of the establishment of the District.
Question:
3.13,1 Any additional information that the agency determines may be useful
3.13.2 ln the statement or revised statement, whichever applies, a description
of any regulatory alternatives submitted under paragraph (1Xa) of
Chapter 120.541 and a statement adopting the alternative or a
statement of the reasons for rerecting the alternative in favor of the
proposed rule.
Response:
3.14.1 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. lnputs were received
from the Petitioner's Engineer and other professionals associated with
the Petitioner.
12 lPage
17.E.16
Packet Pg. 2956 Attachment: Exhibit 10 Statement of Estimated Regulatory Costs (8866 : Establishment of the "Currents: Community Development District)
JP Ward aad Associates LLC
Finally, it is useful to reflect upon the question of whether the
proposed establishment of the District is the best alternative to
provide community facilities and services to the project. As an
alternative to the District, Collier County could approve a dependent
special district for the area, such as an MSBU or a special taxing district.
Either of these alternatives could finance the improvements
contemplated in Table 2 in a fashion similar to the District.
There are a number of reasons why a dependent district is not the best
alternative for providing community facilities and services to the
proposed District. First, unlike the District, the alternatives would
require the County to administer the project and its facilities and
services. As a result, the costs for these services and facilities would not
be attributed to the land directly benefiting from them, as the case
would be with the District. Administering a project of the size and
complexity of the development program anticipated for the lands
to be included in the District is a significant and expensive undertaking.
second, a District is preferable from a government accountability
perspective. With a District, residents and landowners in the District
would have a focused unit of government ultimately under their direct
control. The District can then be more responsive to resident needs
without disrupting other County responsibilities. By contrast, if the
County were to establish dependent districts, then the residents and
landowners of the proposed District would take their grievances and
desires to the County.
Third, any debt of a District is strictly the District's responsibility. While
it may be technically true that the debt of a Cou nty-esta blis hed,
dependent special district is not strictly the County's responsibility, any
financial problems that the special district may have will inevitably
entangle the County. This will not be the case if the proposed District is
established.
Another alternative to the District would be for a homeowners'
association ("HOA") to provide the infrastructure, operations and
maintenance of community facilities and services. A District is superior
to a HOA for a variety of reasons. First, unlike a HOA, a District can
obtain low cost funds from the municipal capital markets. Second, the
13 lPage
17.E.16
Packet Pg. 2957 Attachment: Exhibit 10 Statement of Estimated Regulatory Costs (8866 : Establishment of the "Currents: Community Development District)
JP Ward aod Associates LLC
District can impose and collect its assessments along with other
property taxes. Therefore, the District is far more assured of obtaining
its needed funds than is a HOA. Third, the proposed District is a unit of
local government. This provides a higher level of oversight and
accountability.
14 lPage
17.E.16
Packet Pg. 2958 Attachment: Exhibit 10 Statement of Estimated Regulatory Costs (8866 : Establishment of the "Currents: Community Development District)
Warranty Deed
17.E.17
Packet Pg. 2959 Attachment: Warranty Deed (8866 : Establishment of the "Currents: Community Development District)
INSTR 56333L1 oR 5568 PG 38L4 RECoRDED LL/5/2Oa8 3:27 PM PAGES 9
ilem or rHE crRcurr couRT AND CoMPTRoLLER, coLLrER couNTY FLoRTDA
Doc@.70 $252,000.O0 REC $78.00
coNS S36,000,000.00
Thk lnttrwvfi prcp$td br:
Ma* J. Woodwary' Erqubc
Woodvard Pket &.ltrtardo, P.A.
32W) TanhoiTratl N., Suite 2(N
Napl*, Florlda 34103
Naplcs, FL j1103
Port-l lD I UnfilE0M and ponloat of l@76j92N 11 ond 10t763882617
Gruntec's TI}IJJ
SPECIALWARRANTY DEED
Thls hdasre, nadc ,hts t Cqst of Octokr, 2018, <wcca FIDDLBR'S IAND INYBSIOR, Ift, a
Dc lawan limitad liability conpany,Fotrcsc Crcdit Advlsors IJ.C, 1345 Awruu
of the Ancrlcas, rl6th Fhor, Ncw dnd
TAYI.OR M,corpotdon
GRANTEE whos. post Samsota, Flottda 34232
WTTNESSETH, rtd th,DOLIARS, and otlur good
and valuabh ,h. t cctpt wher?nf k h.t.bJ
Grantcc'r luirs od. assigwaclawwlefucd has
lorevcl thc lollowing
to tslt:
d Collkn Smlc of nord4
SUNECT n taz.s, otscsen nts for thc yeat 2018 and all subscqucnt
Exhlbit "R", *ltltout, rs-lnposlq thcycan and also o rtc Pcmilrcd
EAme,
And sakl Grorwr bes hereby fully warrant tlu titlc a saitl lat4 and wi0 d$cnd rte samc agaiast the
bt{ul cwns of all pcrsons whomso€vcr, chinin6 by, ,htouth, or undcr Aranlor bul agaiI',sl ndv oth,,r,
IN WffiNESS WHEREO| Grdn or hat hcreunto se,, Amntur's hand and scol thc day adycarfirsl above
wrlttcn.
Slgncd sealcd and dcllvcnd
in thc prcscncc $:
Pdnt Namc:
FIDDLER'S UND Il'lVESrOR, Lll, a Dclooare
Iinitcd liabilit!
Ey:
Michacl McNqmara, as Authortud Signatory,
qnd aoc ln hls indiidttdl capacitf
OF FLOruDI,
RoaL
si,/.rou,
ATTACHED
clKrlil
None:
dtWr
(coRPoMrE
'EAL)
lva .
17.E.17
Packet Pg. 2960 Attachment: Warranty Deed (8866 : Establishment of the "Currents: Community Development District)
oR 5568 Pc 3815
ffATE oF lJc"u \u'bcournoiW?
TIE lotpgoiry inslrun ent was acLnowlcdged bclorc thh ? - ( ds, of Ocober, 20l 8, by Miclacl
McNamsra, as Awhorlzed Slgr1rltory d Fiddler's land lnyestor, lf.C, a Dchware linitad ltabtltty
company, on behaf oJ thc lizitad liability company, Hc ls personalty known to ne and did tak an erh.
Prinr
Nonry Publlc
Commission No.
Explrcs o
Sttt€
0 7cL679716
ln Coun ty
Explrss r"b 18, 2022
DoC ID - 29,113188.2
Paa.2 nt6
I
17.E.17
Packet Pg. 2961 Attachment: Warranty Deed (8866 : Establishment of the "Currents: Community Development District)
oR 5568 PG 3816
EXHIBIT "A''
A PARCELOFLAND LOCATED IN SECTION 13, TOWNSHIP 51 SOUTH, RANGE 26 EAST
AND SECTIONS 18 AND 19, TOWNSHIP 51 SOUTH, RANGE 27 EAST, COLLIER
COUNTY, FLORIDA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
BEGIN AT TIIE SOUTTIEAST CORNER OF SECTION 18, TOWNSHIP 51 SOUTH, RANGE
27 EAST, COLLIER COLJNTY, FLORIDA; TIIENCE RUN ALONG THE EAST LINE OF
SECTION 19, TOWNSHIP 51 SOUTH, RANGE 27 EAST, COLLIER COUNTY, FLORIDA,
SOUTH 00"19'26" EAST, A DISTANCE OF 908.82 FEET; THENCE SOUTH 89'37'25" WEST,
A DISTANCE OF 5,121.01 FEET; TIIENCE NORTH 00"22'35" WEST, A DISTANCB OF
1,364.92FBET; TI{ENCENORTII84'46'05" WEST, ADISTANCE OF505.52FEET; THENCE
NORTH 05"13'55'EAST, ADISTANCE OF 123,12 FEETTO A POINT ON THE BOI.]NDARY
OF THE LANDS DESCRIBED IN OFFICIAL RECORDS BOOK 5054, PAGE 2038, PUBLIC
RECORDS OF COLLIER COTJNTY,SAME BEING A POINT ON A NON
TANGENTIAL CURVE TO TTIE G SAID BOIINDARY FOR
TIIE FOLLOWING THIRTY-S cEs, 1) EASTERLY 134.08
FEET ALONG TI{E ARC
CENTRAL ANGLE OF
IUS OF 8O.OO FEET, A
UTH 85.12,214,' EAST, A
DISTANCE OF I18.93 TO TTm NGHT; 2)
T}MNCE EASTERLY 6I.CURVE, HAVING A
RADruS OF 8O.OO FEET,
68"55'02' EAST, A DIST
ORD BEARING NORTH
OUTH 88'56'16" EAST, A
DISTANCE OF 664.33
LEFT; 4) TI{ENCE EAS
A RADruS OF 285.00
CURVE TO THE
OF SAID CIIRVE, IIAVING
"35',10', (CHORD BEARING
SOUTTI 79"38'52" EAST, A D 5) TIIENCE SOUTH 88"56',27"
EAST, A DISTANCE OF 322.37 A CURVE TO TIIE LEFT; 6)
TIIENCE NORTHEASTERLY 37 1.61 TIM ARC OF SAID CURVE, HAVING
A RADIUS OF 225.00 FEET, A CENTRAL ANGLE OF 94"37'47", (CHORD BEARING
NORTH 43'4440" EAST, A DISTANCE OF 330.79 FEET); 7) TIIENCE NORTH 03'34'14"
WEST, A DISTANCE OF 87.88 FEET TO A POINT ON A CURVE TO TIIE RIGHT; 8)
THENCE NORTHEASTERLY 339.06 FEET ALONG T}IE ARC OF SAID CIJRVE, HAVING
A RADruS OF 260.00 FEET, A CENTRAL ANGLE OF 74'43'05", (CHORD BEARING
NORTH 33'47'18'. EAST, A DISTANCE OF 315.54 FEE'[) TO A POINT ON A NON
TANGENTIAL CURVE TO THE IEFT; 9) TTIENCE NORTHERLY 84.57 FEET ALONG THE
ARC OF SAID CURVE, HAVINC A RADruS OF 45.00 FEET, A CENTRAL ANGLE OF
107"40'34" (CHORD BEARING NORTH 16'59'07" EAST, A DISTANCE OF 72.66 FEET) TO
A POINT ON A NON TANGENTIAL CIJRVE TO THE LEFT; 10) T}IENCE EASTERLY
483.85 FEET ALONG THE ARC OF SAID CI"JRVE, HAVING A RADruS OF 365.00 FEET, A
CENTRAL ANGLE OF 75'57',U", (CHORD BEARING NORTH 78"42'43" EAST, A
DISTANCE OF 449.19 FEET); 11) TIIENCE SOUTH 51'28'34" EAST, A DISTANCE oF
105.27 FEET; 12) TffiNCE SOUTH 38"31'26" WEST, A DISTANCE OF l l 1.08 FEET TO A
POINT ON A CURVE TO TIIE LEFT; 13) TIIENCE SOUTHERLY 91.65 FEET ALONG TIIE
ARC OF SAID CTJRVE, HAVING A RADruS OF 45.00 FEET, A CENTRAL ANGLE OF
116"41',28", (CHORD BEARING SOUTH 19"49',18', EAST, A DISTANCE OF 76.61 FEET); 14)
THENCE SOT]TH 78'10'02' EAST, A DISTANCE OF 194.68 FEET TO A POINT ON A
.IIPVF TTT TITF I FE'T. I<\ TIJIiN'F Nr)PTI{FASTEPI V R7 R? E'FFT AI NN']'|IJE AP'
CURVE, HA
URSES
A POINT ON
FEET ALO
ANG
17.E.17
Packet Pg. 2962 Attachment: Warranty Deed (8866 : Establishment of the "Currents: Community Development District)
oR 5568 PG 38L7
(CHORD BEARING NORTH 45'55'OO" EAST, A DISTANCE OF 74.54 FEET) TO A POINT
ON A REVERSE CURYE TO TIIE RIGHT; 16) THENCE NORTHEASTERLY 450.20 FEET
ALONG TTIE ARC OF SAID CURVE, HAVING A RADruS OF 3OO.OO FEET, A CENTRAL
ANGLE OF 85'58'55", (CHORD BEARING NORTH 32"59'29" EAST, A DISTANCE OF
409.13 FEET) TO A POINT ON A REVERSE CURVE TO THE LEFT; 17) TIIENCE
NORT}IEASTERLY 389,19 FEET ALONG THE ARC OF SAID CI'RVE, HAVING A RADruS
oF 300.00 FEET, A CENTRAL ANGLE OF 7419'.47 ", (CHORD BEARING NORTH 38049,03"
EAST, A DISTANCE OF 362,47 FEET) TO A POINT ON A REVERSE CURVE TO TTIE
RIGHT; i8) TI{ENCE NORTHERLY 139.04 FEET ALONG TI{E ARC OF SAID CURVE,
HAVING A RADruS OF 3OO.OO FEET, A CENTRAL ANGLE OF 26'33'16", (CHORD
BEARING NORTH 14"5547" EAST, A DISTANCE OF 137.80 FEET); 19) TIIENCE NORTH
28"12'25" EAST, A DISTANCE OF 70.46 FEET TO A POINT ON A CURVE TO T}IE LEFT;
20) T}IENCE NORT}IERLY 48.52 FEET ALONG THE ARC OF SAID CURVE, HAVING A
RADruS OF 45.00 FEET, A CENTRAL ANGLE OF 61'46'37", (CHORD BEARING NORTH
02'40's3'wEsT, A DISTANCE OF46.20 A POINT ON A REVERSE CURVE TO
THE RIGHT; 21) TI{ENCE NO ALONG T}M, ARC OF SAID
CURYE,HAVINGARADruS O ANGLE OF 18'38',25" (CHORD
BEARING NORTH 24'15'OO"FEET) TO A POINT ON A
REVERSE CURVE TO TIIE 46,86 FEET ALONG
T}IE ARC OFSAID CUR , A CENTRALANGLE OF
59'39',38',, (CHoRD ANCE OF 214.77 FEET) TOA POINT ON A NO LEFT; 23) THBNCE
NORT}IEASTERLY 386.5 ,HAVINGARADIUS
oF 1,190.00 EEET, A ORD BEARING NORTI{
38'57'31" EAST, A DIST A COMPOUND CURVE
TO THE LEFT; 24) THEN G T}IE ARC OF SAID
ANGLE OF 29"39't3"CURVE, HAVING A RAD
(CHORD BEARING NORTH 14'OF 163.77 FEET); 25) TIIENCE
NORTH OO"OO'OO' EAST, A DISTAN 26) THENCE NORTH 90'00',00'
WEST, A DISTANCE OF I I 3.79 FEET; 27) TIIENCE NORTH 00'00'00 " EAST, A DISTANCE
OF 130.00 IrEET TO A POINT ON A NON TANGENTIAL CURVE TO THE RIGHT; 28)
TIIENCE NORTHWESTERLY 18.33 FEET ALONG TTIE ARC OF SAID CURVE, HAVING
A RADruS OF 2O.OO FEET, A CENTRAL ANGLE OF 52"30'11', (CHORD BEARING NORTH
63'44'48" WEST, A DISTANCE OF 17.69 FEET) TO A POINT ON A REVERSB CIJRVE TO
THE LEFT; 29) THENCE NORTIIWESTERLY 24.89 FEET ALONG Tm ARC OF SAID
CURVE, HAVING A RADIUS OF 95.00 FEET, A CENTRAL ANGI.E OF 15"00'34", (CHORD
BEARING NORTH 45"00'OO" WEST, A DISTANCE OF 24,82 FEET) TO A POINT ON A
REVERSE CURVE TO TIIE RIGHT; 30) TmNCE NORTIIWESTERLY 18.33 FEET ALONG
TIIE ARC OF SAID CURVE, HAVING A RADruS OF 2O.OO FEET, A CENTRAL ANGLE OF
52"30'17", (CHORD BEARINGNORTH 26"15'09" WEST, A DISTANCE OF 17.69 FEET);31)
TMNCE NORTH 9O"OO'OO' WEST, A DISTANCE OF IOO.OO FEET TO A POINT ON A NON
TANGENTLAL CURVE TO THE RIGHT; 32) TIfiNCE SOI-ITHWESTERLY 18'33 FEET
ALONG T}IE ARC OF SAID CURVE, HAVING A RADruS OF 2O,OO FEET, A CENTRAL
ANGLE OF 52"30'17',, (CHOR.D BEARING SOUTH 26"15',09'WEST, A DISTANCE OF 17.69
FEET) TO A POINT ON A REVERSE CURVE TO THE LEFT; 33) THENCE
SOUTFilESTERLY 24.89 FEET ALONG THE ARC OF SAID CURVE, HAVING A RADruS
oF 95.00 FEET, A CENTRAL ANGI-E OF 15'00',34", (cHoRD BEARING SOUTH 45"00'00',
WEST, A DISTANCE OF 24,82 FEET) TO A POINT ON A REYERSE CURVE TO TTM
A DISTANCE
45.00
ANGLE OF
384.82 FEET)
Y 65I
,OO FEET
17.E.17
Packet Pg. 2963 Attachment: Warranty Deed (8866 : Establishment of the "Currents: Community Development District)
oR 5568 PG 3818
HAVING A RADIUS OF 2O.OO FEET, A CENTRAL ANGT.E OF 52"30'17", (CHORD
BEARING SOUTH 63',9'51' WEST, A DISTANCE OF 17.69 FEET); 35) TIIENCE NORTH
9O'OO'OO" WEST, A DISTANCE OF 58.44 FEET TO A POINT ON A CURVE TO TTIE RIG}ITI
36) TTMNCE NORTTIWESTERLY 289,19 FEET ALONG TTIE ARC OF SAID CURVE,
HAVING A RADruS OF I5O.OO FEET, A CENTRAL ANGLE OF 110"27'50", (CHORD
BEARING NORTH 34"46'05" WEST, A DISTANCE OF 246.44 FEET) TO A POINT ON A
REVERSE CURVE TO THE LEFI; 37) TTGNCE NORTHERLY 457.O2FE,ET ALONG TIIE
ARC OF SAID CURVE, HAVING A RADIUS OF 35O.OO FEET, A CENTRAL ANGLE OF
74'48',56',, (CHORD BEARING NORTH r6's6'38" WEST, A DTSTANCE OF 425.24 FEET)i
38) TTmNCE NORTH 35"38'54" EAST, A DTSTANCE OF 100.00 FEET TO A POINT ON THE
SOUTIfiRLY RIGHT.OF-WAY LINE OF TAMIAMI TRAIL (US 41) (STATE ROAD 9O);
T}IENCE CONTINUE ALONG SAID RIGHT.OF-WAY, SOUTH 54"21'06" EAST, A
DISTANCE OF 2,7'79.06 FEET; TIIENCE RIJN ALONG SAID RIGHT-OF-WAY, SoUTH
54'23'36" EAST, A DISTANCE OF 953.19 FEET TO A POINT ON T}IE EAST LINE OF THE
SOUTHEAST QUARTER OF
ALONG SAID EAST LINE, SO
T}IE POINT OF BEGINNING.
CONTAINING 306,39 A
THE IONED SECTION 18; TIIENCE RLIN
DISTANCE OF
',272.89
FEET TO
17.E.17
Packet Pg. 2964 Attachment: Warranty Deed (8866 : Establishment of the "Currents: Community Development District)
oR 5568 PG 3819
EXHIBIT "B'
PERMITTED EXCEPTIONS
17.E.17
Packet Pg. 2965 Attachment: Warranty Deed (8866 : Establishment of the "Currents: Community Development District)
oR 5568 PG 3820
E}OIIBIT 'B''
ESTANCIA
PERMITTED EXCEPTIONS
1. Taxes and assessments for the year 2018 and subsequent years which are not yet due and
payable.
2. Reservation of aa Easement along the East 30 feet of that podion of Section 18 as reserved on
Deed by and between Evemia Corporation to A. Duda & Sons, Inc., a Florida Corporation, as
recorded in Offrcial Records Book 220,Page 699, Public.Records of Collier County, Florida.
3. Ordinance No.75-20, filed May 19, 1975, in O.R. Book 619, Page 1177, of the Public Records
of Collier County, Florida, regulating the installation of any water distribution system and
waste water collection system within a public right ofway or easement.
4. Ordinance No.7 5-21, fiedMay 19, Page 1182, ofthe Public Records
of Collier County, Elorida,County.
5. Ordinance No . 7 5-24, fi 1191, of the Public Records
of Collier County,construction, alteration, etc.,
of buildings, locations,
6. Resolution by the Board
District and the Coastal
knmokalee Area Planning
O.R. Book 649, Page 1239,
Public Records of Collier
7. That certain Planned Unit Collier County under Ordinance
No. 84-4 I (U-42) on June 12,Ordinance Nos. 88.48 and 89-34, as
issued on May 24,1988 and June 13,ded by Ordinance No. 9G74, as issued on
November 26, 1996 respectively, Collier County, Florida, and as amendod.
8. Notice of Adoption of Development Order for Unit 30, Isle of Capri Commercial and Key
Marco (Horr's hland) and part of Marco Shores Planned Unit Development located in Sections
ll, 14, 22,23,24 and 33,Township 41 South, Range 26 East and Sections 14, 75,2l,22,23,
26 and 28, Township 52 South, Range 26 East, Collier County, Florid4 executed by Robed L.
\Yeintraub, Esquire, States Department Order recorded in Offrcial Records Book 1505, Page
1728 through 1782 and Amendment in Resolution 89-149, recorded in Official Records Book
1505, Page 1795 through 1803, Resolution 88417 recorded in Official Records Book 1505,
Page 2348 tbrough 2351 "shall not constitute a lien, cloud, or encumbrance on any real
property, or actual constructive notic€ of any ofthe same", recorded March 21, 1990 in Offtcial
Records Book 1514, Page746 thrcugh 760 and amendment recorded in Official Records Book
2774 page 3254, aJl Public Records of Collier County, Florida, as further amended.
9. Notice ofAdoption ofDevelopment Order recorded in Official Records Book227 4 page 2129,
and Notification of the Adoption of a Development Order Amendment recorded in Official
Records Book 2714 page 3254, Public Records of Collier County, Florida.
Planning District
.U.D
, Florida.
17.E.17
Packet Pg. 2966 Attachment: Warranty Deed (8866 : Establishment of the "Currents: Community Development District)
oR 5568 PG 3821,
10. Portions of subject property are within the boundaries of the Fiddler's Creek Community
Development DisEict #2 as evidenced by Notice of Establishment of Fiddler's Creek
Community Dev. District #2 recorded il Official Records Book 3114, Page 3473, notice
recorded in Offrcial Records Book 3191 page 1020 , Final Judgment recorded in Official
Records Book 3222 prge 458, Agreement recorded in Official Records Book 33 15 p age 2999,
Declaration of Consent recorded in Official Records Book 5217 page 1764, Amendment
recorded in Official Records Book 5217 page 1776, Collateral Agreement recorded in Offrcial
Records Book 5217 page 1785 and True-Up Agre.emenl. recorded in Offrcial Records Book
5217 page 1796, Agreement to Assign Reservations and Dedicate and./or convey recorded in
Official Records Book 3315, Page 2999, Grant of temporary construction and access easement
recorded in Offrcial Records Book 3323, Page 875, Certificate of Secretary of the Fiddler's
Creek Community Development District #2 recorded in Official Records Book 5567 , Page
1 680, Public Records of Collier County, Florida, which provides the property described therein
will not receive or require an
assessments levied by CDD#2.
11. Terms, covenants,
by and set forth in the
and Restrictions for Fi
aDendments recorded
page 188, Official
the Public Records of
Conservation Area I
v a:rd therefore will not be subject to
ts and possible liens created
Covenants, Conditions
Book 3685 page 319 and
Official Records Book 4793
Book 5330 page 129, of
s exceplion applies to only
"A-2" to the S upplemental
Declaration recorded at O of Collier County, Floridal
12. Assignment and Assumption between 951 Land Holdings, Ltd.,
a Florida limited partnership, GB , a Florida limited partnership and DY
Land Associates Ltd., a Florida limi , Assignor, and DY Lald Associates II,
LLC, a Florida limited [ability company, by instrument recorded in O.R. Book 4362, Page
2617, Notice of Assignment and Assumption Rights by and between 951 Land Holdirgs, Ltd.,
a Florida limited partnership, GBFC Development, l,td., a Florida limited partnership and DY
Land Associates Ltd., a Florida limited partnership, Assignor, and DY Land Associates II,
LLC, a Florida limited liability company, by instrument recorded in O.R. Book 4362, page
26E9, Declaration of Density Allocation recorded in Official Records Book 4362 page 2990
and amendment recorded in Official Records Book 5054 page 1820, Assignment of Density
Allocations recorded in Official Records Book 4717 page 1352, Assignment of Density
Allocations recorded in Official Records Book 4717 page 14?7, Assignment of Density
Allocations recorded in Offrciat Records Book 4717 page 1640, Assignment of Density
Allocation (40O Units) recorded in O.R. Book 5557,Page 898, all of which were recorded in
the Public Records of Collier County, Florida.
13. Notice of Assignment and Assumption Rights by and between 951 Land Holdings, Ltd.' a
Florida limited partnership, DY Land Associates Ltd., a Florida limited partnership and GBFC
Development, Ltd., a Florida limited partnership, Assignor, and FCC Commercial, LLC, a
trictions, easements,
described on
5330, Page 1
lrcona
17.E.17
Packet Pg. 2967 Attachment: Warranty Deed (8866 : Establishment of the "Currents: Community Development District)
*** oR 5568 PG 3822 ***
Florida limited liability compary, by instrument recorded in O.R. Book 4362, page 3390,
Public Records of Collier County, Florida.
14. Notice of Assignment and Assumption Rights by and between 951 Land Holdings, Ltd., a
Florida limited partnership, DY Land Associates Ltd., a Florida limited partnership and GBFC
Development, Ltd., a Florida limited parhership, Assignor, and FC Parcel 73, LLC, a Florida
limited liability company, by instrument recorded in O.R. Book 4362, page 3488, Public
Records of Collier County, Florida.
15. Property is subject to Collier County Ordinances and./or Resolutions which establish
mandatory garbage and solid waste collection in Collier County, said property is subject to all
assessments made under said Ordinances/Resolutions.
16, Amended and Restated General Assignment and Assumption recorded in Official Records
Book 5567, Page 1685, Public nty, Florida.
17. Deed of Conservation
in Official Records Book 5
Management District recorded
llier County, Florida.135, Public
to South
17.E.17
Packet Pg. 2968 Attachment: Warranty Deed (8866 : Establishment of the "Currents: Community Development District)
l4CCBoCC
Date
COLLI€R COUNTY EOARO OF COUNTY
cor.fl,r I ss l0NERs
2685 s, Horseshoe Dr.
Iaples, fL 31104
I nvoi ce Relerence
Taytor f4orrison of ftorida, lnc.
551 l,/ Catttemen Rd
14000-00068680
l4at l, 2019 515,000.00
Uet ts targo Bank, N.A,
. SAR
Paynent Amt Retention Discount Lic. lHotd. Total PayrEnt
14000 Taytor ilorrison of Ftorida, lnc. - sAR
03/06/2019 EstanciacooPetit 11110100-Estancia LD-009000
Tota I Reni t tance
14CCSoCC COLLIER COUI.ITY BOARD Of COUNTY
cofit'tIssI0NERS
2685 s. Horseshoe D..
Naptes, FL 34104
Date Invoice Reference
15,000.00 0.00 0.00 0.00 15,000.00
Taytor llor.ison of tlorida, Inc, - SAR
check Number'14000-00068680
check oate l4ar 7, 2019
Payment Amt Retention 0iscount Lic. tlHold. Total Payment
15,000.00 0.00 0.00 0.00 15,0oo.oo
14000 Taytor l,rorrison of ttorida, lnc, - SAR
03/06/2019 EstanciaCoDPetit 13110100-Estancia LD-009000
TotaI Remi t tance
'15,000.00 0.00 0.00 0.00 15.000.00
15,000.00 0.00 0.00 0.00 15,000.00
THE FACE OF THIS DOCUMENT IS PRINTED BLUE . THIS DOCUMENT CONTAINS A WATERMABK. VERIFY FOR AUTHENTICITY
Taylor Morrison of Florida, lnc, - SAR
551 N Cattlemen Rd
Suire 2O0
Sar6sota, FL 34232-64?1
Wells F.rgo Bank, N.A.
420 Montgomery
San Francisco, CA 94104
64 975-612
Check Number
14000-00068680
Amount
$ I 5,OOO.OO
VOID AFTER 120 DAYS
*Filteen Thousand Dollars OO Cents*
Oate
Mar 7, 2Ol I
COLLIER COUNTY BOARD OF CAUNTY
COMMISSIONERS
2685 S. Horseshoe Dr.
Naples, FL 34104
PAYABLE IN U.S. DOLLARS
ALllti
To
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Order
ot
Per
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17.E.18
Packet Pg. 2969 Attachment: Copy of Check (8866 : Establishment of the "Currents: Community Development District)
17.E.19
Packet Pg. 2970 Attachment: NDN Advertisement & Affidavits (8866 : Establishment of the "Currents: Community Development District)
17.E.19
Packet Pg. 2971 Attachment: NDN Advertisement & Affidavits (8866 : Establishment of the "Currents: Community Development District)
17.E.19
Packet Pg. 2972 Attachment: NDN Advertisement & Affidavits (8866 : Establishment of the "Currents: Community Development District)
17.E.19
Packet Pg. 2973 Attachment: NDN Advertisement & Affidavits (8866 : Establishment of the "Currents: Community Development District)
17.E.19
Packet Pg. 2974 Attachment: NDN Advertisement & Affidavits (8866 : Establishment of the "Currents: Community Development District)
17.E.19
Packet Pg. 2975 Attachment: NDN Advertisement & Affidavits (8866 : Establishment of the "Currents: Community Development District)