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Hillsborough County approves $3,000,000 stormwater commitment for Progress Village development
Summary
The county approved a conveyance agreement obligating MMI Development Inc. to provide $3,000,000 for additional stormwater capacity and floodplain mitigation for a multifamily development in Progress Village; the agreement also includes pathways, signage and other community enhancements.
Hillsborough County commissioners on March 4 approved a conveyance agreement with MMI Development Inc. that requires the developer to provide an additional $3,000,000 to expand stormwater capacity and to fund floodplain mitigation beyond what the development would otherwise be required to provide.
The contribution is tied to a proposed multifamily…
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