Decisions › County Commission meeting of Jan 6, 2026
Approved a subordination agreement for the Urick Street Apartments project so the County's impact fee lien stays behind the developer's permanent loan.
The vote: 4-0
Voted yes: Leslie Campione, Sean M. Parks, Kirby Smith, Timothy Morris
Motion by Kirby Smith, seconded by Sean M. Parks. From the Clerk's official minutes.
In plain words
A request to approve a Subordination Agreement for the Urick Street Apartments affordable housing project, which would place the County's impact feeA one-time charge on new construction to pay for the roads, schools, parks or fire stations the new homes or businesses will need. Florida Statutes 163.31801 lien behind the developer's permanent loan from Fannie Mae via Berkadia.
What changes The County Manager is authorized to execute the Subordination Agreement when construction is complete and permanent loans are recorded, and to execute similar agreements for future affordable housing impact fee waiver projects.
Who and the money The Urick Street Apartments project in Fruitland Park, owned by Birch Enterprises and under contract to ECG Florida 2023 III, LP; the County previously approved impact fee waivers totaling $878,274 for the project.
Stated reason (staff, quoted): "The developer has now requested the County approve entering into a Subordination Agreement with Berkadia Commercial Mortgage, LLC, (Berkadia) (Fannie Mae permanent loan) and ECG Florida, subordinating the County's Mortgage for Impact Fees to Berkadia's Fannie Mae permanent loan."
Where Urick Street Apartments
Why (staff, quoted) "The developer has now requested the County approve entering into a Subordination Agreement with Berkadia Commercial Mortgage, LLC, (Berkadia) (Fannie Mae permanent loan) and ECG Florida, subordinating the County's Mortgage for Impact Fees to Berkadia's Fannie Mae permanent loan."
Backup in the packet: First Amendment to Urick Street Impact Fee Waiver Agreement_10.28.2025_fully executed (p. 52), Urick Street Impact Fee Waiver Agreement_Fully Exe_7.23.2025 (p. 52), Subordination Agreement_agenda item draft 12.16.25 (p. 52)
Written from the Board ActionThe Clerk's same-week record of what the County Commission decided on each agenda tab. Vote tallies and discussion come later in the Board Minutes. Clerk of Court, Board Action and Board Minutes on Municode and the staff cover sheet, checked by script: every number appears in the record. Staff memo
From the record
Request from Housing and Community Services to recommend approval: 1. Of a Subordination Agreement related to the Agreement between Lake County and ECG Florida 2023 III, LP, for Affordable Housing Multi-Family Impact Fee Waiver for the Urick Street Apartments Project; 2. For the County Manager to execute the Subordination Agreement substantially similar to the form attached upon finalization of the construction and conversion of the project from a construction loan to a permanent loan, with review and approval of the County Attorney's Office; and 3. For the County Manager to execute future Subordination Agreements related to other Affordable Housing Multi-Family Impact Fee Waiver projects, with review and approval of the County Attorney's Office. There is no fiscal impact at this time. Commission District 5.Clerk of Court, Board Action, Jan 6, 2026, page 3. Open the official document
The Board approved the Consent Agenda, Tabs 3 through 7, pulling Tab 4 to the regular agenda, as follows: PUBLIC SAFETY Fire Rescue Recommend retroactive approval of an agreement with AdventHealth to receive funding to support Lake County Emergency Medical Services (EMS), by a vote of 4-0.Clerk of Court, Board Minutes, Jan 6, 2026. Open the official document
The rest of this meeting
- Previous item: Approved a $900,000 agreement with the Florida Department of Transportation for planning and environmental analysis services for Rolling Acres Road from south of CR 466 to north of US27/US441.
- Next item: Tabled a second public hearing on zoning changes for chicken farms, slaughterhouses, egg-processing facilities, hog farms, and riding stables to comply with state laws.
- All 16 items from Jan 6, 2026
More on housing
- Oct 27, 2026 Appointed Brian Broadway and Laura Tolbert to the Affordable Housing Advisory Committee for terms ending 11/30/28.
- Oct 13, 2026 Pulled the resolution to let the Housing Finance Authority of Polk County issue bonds to finance a multifamily rental project in Minneola.
- Oct 13, 2026 Pulled the resolution to let the Housing Finance Authority of Polk County issue bonds for a multifamily rental project in Groveland.
- Sep 8, 2026 Approved a $222,561 agreement with LovExtension, Inc. to use grant funds for county-wide food delivery services to elderly and disabled Lake County citizens.
- Aug 11, 2026 Approved a HOME Investment Partnerships Program Subrecipient Agreement between Lake County and Habitat for Humanity of Lake-Sumter, Inc. for the Sager's Cove project.