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Board approves $312,000 restricted donation agreement with Lennar for two future roundabouts
Summary
The board authorized preparation and signing of an agreement with Lennar Development for a restricted donation of $312,000 to fund two future roundabouts impacted by the developer's project.
The Board of Public Works and Safety on Jan. 22 approved preparing an agreement with Lennar Development for a restricted donation of $312,000 to fund two future roundabouts affected by the company's development.
A city engineer presented the request and said the restricted donation amount is $312,000 and asked the board to authorize the mayor or deputy mayor to sign the agreement. The board moved, seconded and approved the preparation and authorization by voice vote.
The agreement will be prepared and presented for signature; the board did not specify a construction schedule or which roundabouts will be funded at the meeting.
The item was listed under the city engineer status report; no additional legal or financing details were provided during the board discussion.
