Approved the School Concurrency Proportionate Share Mitigation Agreement for the Highlands at Hammock Oaks Residential Development to fund needed high school capacity.

In plain words

A mitigation agreement for the Highlands at Hammock Oaks residential development, requiring the developer to pay for needed high school capacity because the district lacks space for the new students.

What changes The developer must fund the required high school capacity as set out in the Proportionate Share Mitigation Agreement, and the development application remains active while mitigation is completed.

Who and the money The Highlands at Hammock Oaks residential development; the record states there is no fiscal impact.

Stated reason (staff, quoted): "if the School Board determines that adequate capacity does not exist but that mitigation is an acceptable alternative, the development application will remain active pending the conclusion of the mitigation negotiation period"

Where Highlands at Hammock Oaks Residential Development

Why (staff, quoted) "On June 12, 2024 the applicant for the residential development project was notified that high school capacity was not available to serve the proposed residential development and was offered the option to mitigate for the needed capacity."

Written from the Board's minutes and the agenda item's staff text on BoardDocs, checked by script: every number appears in the record. Agenda on BoardDocs