AGENDA MEMORANDUM

Meeting Date:           July 24, 2006

From:                          Raymond S. Sharp, Environmental Services Director

Subject:                      Resolution authorizing execution of a utilities service agreement and owner/developer agreement with Bright Lake Estates, LLC

Staff Recommendation:

Staff recommends approval of the utilities service agreement and owner/developer agreement with Bright Lake Estates, LLC near the intersection of CR 33 and the Florida Turnpike.

Analysis:

The referenced subdivision has requested the City of Leesburg provide potable water service.  The owner/developer has agreed to extend water lines at their own expense, and to annexation should the referenced subdivision become contiguous.

A Covenant to Annex will be executed and recorded and the assets will be conveyed to the City through execution and delivery of our standard “Deed and Bill of Sale”.

Options:

1.  Approve the resolution and agreement as presented, or;

2.  Such alternative action as the Commission may deem appropriate

Fiscal Impact: 

The subdivision will add revenues from approximately 89 water customers at buildout.  The City incurs no capital costs associated with the extension of water line and connections.  On-going operating costs will be absorbed through the additional revenues.

Submission Date and Time:    7/21/2006 4:26 PM____

Department: Environmental Services Prepared by:  Ray Sharp Attachments:         Yes X   No ______ Advertised:   ____Not Required ______ Dates:   __________________________                      Attorney Review :       Yes X  No ____ _________________________________            Revised 6/10/04

Reviewed by: Dept. Head ________ Finance  Dept. __________________                                    Deputy C.M. ___________________                                          Submitted by: City Manager _______RS___________

Account No. _________________ Project No. ___________________ WF No. ______________________ Budget  ______________________ Available _____________________

RESOLUTION NO._______________

A resolution of the City Commission of the city of Leesburg, Florida authorizing the Mayor and City Clerk to execute a utilities service agreement and owner/developer agreement with Bright Lake Estates, LLC; and providing an effective date

BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA:

            THAT the Mayor and City Clerk are hereby authorized to execute a Utilities Services and Owner/Developer Agreement  between Bright Lake Estates, LLC, whose address is P. O. Box 120355, Clermont, Florida 34712, Attention: Randall B. Langley, Managing Member,  and the City of Leesburg, Florida, in the form attached as Exhibit “A” to this resolution.

 THIS RESOLUTION shall become effective upon its passage and adoption according to law.

PASSED AND ADOPTED by the City Commission of the City of Leesburg, Florida, at a regular meeting held the _24th____ day of ___July______ 2006

                                                                            __________________________

                                                                             Mayor

ATTEST:

__________________________

City Clerk