Submitted By: Emily W. Johnson, AICP
Presentation By: Jeff Shrum
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Department: Growth Management
STAFF RECOMMENDATION (Motion Ready):
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Introduce Ordinance 2024-19 to establish the Winding Oaks Community Development District generally located south of SW 66th Street, east of SW 54th Court Road, and north of SW 80th Street, comprising 460.12 acres
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OCALA'S RELEVANT STRATEGIC GOALS:
Economic Hub, Quality of Place
PROOF OF PUBLICATION:
February 20, 2024, February 27, 2024, March 5, 2024, and March 12, 2024
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BACKGROUND:
* Petitioner: D.R. Horton, Inc.
* Property Owner: Cradle Holdings, Inc.
* Agent: Jere Earlywine, Kutak Rock LLP
D.R. Horton Inc. petitioned the City of Ocala to establish the Winding Oaks Community Development District (the District). Exhibit A of the Ordinance includes the legal description of lands comprising the proposed District, comprising approximately 460.12 acres of land. Prior to a final adoption hearing the applicant per F.S. Chapter 190.005 is required to run a public notice in the newspaper for four consecutive weeks immediately prior to the meeting. The District is projected to contain approximately 1,698 residential dwelling units, which are to compose Phases 3, 4, 5, and 6, as well as the roadway infrastructure of SW 49th Avenue Road adjacent to Phase 2 of the Winding Oaks PD development.
A community development district (CDD) is an independent unit of special purpose local government authorized under F.S. Chapter 190 to plan, finance, construct, operate, and maintain community-wide infrastructure in planned community developments. CDDs are utilized to provide a solution to the State's planning, management, and financing needs for the delivery of capital infrastructure in order to service projected growth without overburdening other governments and their taxpayers.
A CDD is not intended to substitute for the local, general-purpose governmental unit (i.e., the City or County in which the CDD lies)...
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