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Winter Haven commission approves three final plats; city cites future tax revenue and utility plans
Summary
The City Commission adopted resolutions R25-01, R25-02 and R25-05 on Jan. 13 approving final plats for Harmony on Lake Eloise Phase 4, Villa Mar Phase 7 and Intermodal Corporate Park Phase 3; staff presented acreage, lot counts, bonds and estimated taxable values.
The Winter Haven City Commission on Jan. 13 approved three final subdivision plats and associated resolutions that the city manager said will increase the tax base and connect new development to city utilities.
Resolution R25-01 approves the final plat for Harmony on Lake Eloise Phase 4, a 57.25-acre subdivision proposed by 4 Star USA Real Estate Group that will contain 322 building lots and 12 common lots. Staff said a performance bond of $1,980,930.71 has been submitted to cover remaining infrastructure work including earthworks, sanitary sewer, potable and reuse water, stormwater management, paving and engineering certification. Using an estimated taxable value of $300,000 per lot, staff estimated a taxable value of $96.6 million and projected roughly $637,000…
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