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Council approves tri‑party mobility fee agreement with Whaley Farms for Bellaterra framework roads, capped at $20 million

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Summary

The council approved a tri‑party agreement on Feb. 13 that will reimburse design, permitting, ROW and construction costs for framework streets related to the Bellaterra project through mobility fee credits. The agreement caps reimbursement at $20 million in mobility credits and requires proof of actual costs; developers agreed to the cap after

The St. Cloud City Council on Feb. 13 approved a tri‑party mobility fee agreement among the City, Osceola County and Whaley Farms LLC to reimburse eligible design, permitting, right‑of‑way acquisition and construction costs for framework roads tied to the Bellaterra project through mobility fee credits.

What the agreement does

City planning staff said the agreement covers portions of Kissimmee Park Road, South Berry Drive and a section of Cecil Whaley Road that Bellaterra will construct; the reimbursement would apply only to the additional mobility capacity beyond what is required to serve the project and is limited to the actual costs the developer documents. The agreement sets an estimated reimbursement cap of up to $20,000,000 in mobility fee credits.

Developer and council discussion

Applicant counsel and project representatives said they had worked with staff and the city in a detailed workshop and reiterated their willingness to provide infrastructure if mobility fee credits reimburse their documented costs. In remarks during the meeting, the mayor noted the developer agreed to forego a portion of mobility credits and to cap net mobility credits at $20,000,000; the mayor indicated the developer also agreed to advance $4.5 million in mobility fee payments toward immediate needs as part of the negotiated terms.

Council action and vote

Council approved the resolution by roll call vote (5‑0). Staff said reimbursements require documentation of actual costs and that the city will not pay beyond the developer’s documented expenses. Councilmembers asked for clarity on reimbursement mechanics and thanked the developers for engagement at a prior workshop.

Ending

The agreement is intended to accelerate construction of key framework streets that will serve Bellaterra and adjacent properties while tying reimbursement to documented costs and a $20 million mobility‑credit cap.