Subject:
Title
Permission to Advertise Public Hearing; Re: Proposed Exchange Agreement between Brevard County and Space Coast Town Centre I, LLC - District 5.
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Fiscal Impact:
None; Costs of advertisement to be paid by Space Coast Town Centre I, LLC
Dept/Office:
Public Works Department / Land Acquisition
Requested Action:
Recommendation
It is requested that the Board of County Commissioners authorize the advertisement of a Public Notice for a proposed Exchange Agreement between Brevard County and Space Coast Town Centre I, LLC pending final negotiations.
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Summary Explanation and Background:
The subject property is located in Section 3, Township 28 South, Range 36 East, on the east side of St. Johns Heritage Parkway in West Melbourne
Space Coast Town Centre is a proposed development project of an approximate 154-acre phased, mixed-use project. The developer, Space Coast Town Centre I, L.L.C., (S.C.T.C) is proposing an Exchange Agreement with the County of property interests located along the east side of St. Johns Heritage Parkway. The terms and conditions of the Exchange Agreement, and accompanying Easement Agreement, have not yet been approved or finalized. Once the Agreements are finalized, a Public Hearing date can be determined and correlated with the appropriate advertising timeframes in accordance with and as required by Section 125.37, Florida Statutes. Section 125.37, Florida Statutes, requires that notice be published once a week for at least two weeks before the Board of County Commissioners can adopt a resolution authorizing the exchange of property interests.
The attached Exhibit A is a location map depicting the proposed exchange parcels being considered.
When the proposed exchange parcels were first acquired by the County for a roadway stormwater treatment pond and a discharge easement, the original acquisition contract contemplated the possibility, but not the requirement, that they would be moved or otherwise adjusted at the expense o...
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