Summary:
Proposed ordinance #2018-48 would amend the boundaries of the Randal Park Community Development District (the "District"). The proposed new boundaries would add approximately 18.37 acres of land to the District. The District is currently about 576.06 acres in size.
The District is a "Community Development District" (a "CDD"). CDDs are special- purpose units of local government that plan, finance, construct, and maintain public infrastructure such as roads, stormwater utilities, landscaping, and other common facilities. CDDs are typically created by the applicable city or county government, but are governed by a board of supervisors elected by property owners in the CDD.
The proposed ordinance is requested by the Board of Supervisors of the Randal Park CDD and is made for the purpose of aligning the District's boundaries with the development plan for Randal Park. The District is generally located at the southwest corner of the intersection of the Central Florida Greeneway (SR 417) and the Beachline (SR 528).
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