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CASSELBERRY CITY COMMISSiON Minutes of March 26, 2018 — Regular Mecting Page 5 of 12 Staff Presentation: Chief Planner Emily Hanna gave a brief overview of Resolution 18-3014, explaining that its purpose was to approve a Development Commitment and Vested Rights Agreement with Mayflower Retirement Center, Inc. and Red Bug Center, LLC pertaining exclusively to educational system impact fees. She advised that Seminole County had recently adopted an ordinance approving a higher Seminole County educational system impact fee schedule, but which allowed each municipality to enter into a vested rights agreement by April 10, 2018 with property owners who wished to pay the former educational impact fee which was much lower than the new rate. She noted that the City Commission had adopted Resolution 18- 3013 on March 12, 2018, which provided a process and review criteria necessary for entering into these vested rights agreements. She added that the intent of the vesting agreement was that only the buildings that pull permits within the one-year year time period would be vested, not the whole project specifically. Ms. I-lanna advised that Mayflower Retirement Center, Inc., the property owner, and Red Bug Center, LLC the developer, had submitted an application to vest for educational system impact fees to the City Manager and the Community Development Department on March 6, 2018, the application and exhibits had been reviewed, and approval of Resolution 18-3014 approving the requested Development Agreement and Vested Rights Agreement was being recommended to the City Commission. City Attorney Katie Reischmann advised that Seminole County was considering an amendment to its ordinance to allow two (2) years to pull the building permit and if approved it would most likely apply to the City automatically. However, it was possible that staff would bring the agreement with that amendment back to the City Commission for clarification purposes. Budget Impact: There is no impact to the City Budget. Recommendation: The City Manager and the Chief Planner recommended approval of Resolution 18- 3014. Audience Participation: No one came forward to address Resolution 18-3014. MOTION: Commissioner Solomon moved to approve Resolution 18-3014, as presented. Motion was seconded by Commissioner Aramendia. Motion carried unanimously by voice vote 5-0. 10. PUBLIC HEARINGS A. Second Reading of Ordinance 18-1478—Annexation of Properties Located on Red Bug, Lance Road The City Clerk read Ordinance 18-1478 by title, as follows: "AN ORDINANCE OF THE CITY OF CASSELBERRY, FLORIDA, RELATING TO VOLUNTARY ANNEXATION; MAKING FINDINGS; ANNEXING TO AND INCLUDING WITHIN THE CORPORATE LIMITS OF THE CITY OF CASSELBERRY, FLORIDA, CERTAIN LANDS LOCATED IN SECTION 22, TOWNSHIP 21, RANGE 30 AND SECTION 21, TOWNSHIP 21, RANGE 30; REDEFINING THE CORPORATE LIMITS OF THE CITY OF CASSELBERRY,