Wednesday, October 9, 2019

West Villages Improvement District (WVID) Information


https://www.cityofnorthport.com/home

1. What is an improvement district?
An improvement district is an independent, special taxing district authorized to plan, finance, construct, operate and maintain public
infrastructure in planned developments.

2. What is the difference between an improvement district and a Community Development District (CDD)?
An Improvement District is typically utilized for a larger-scale project that will take multiple decades to complete.

A Community Development District is commonly used for a small build out that is more confined land-wise.

The WVID is approximately 11,000 acres and will take between 20 – 30 years to finish. Being established as an Improvement District allows us to take a long term approach in developing the district.

3. Why was the WVID created?
The WVID gives thousands of acres of land their own identity. It was created to ensure a timely, cohesive, cost-effective, high-quality design and implementation of infrastructure for the District, located in the City of North Port and Sarasota County.

WVID’s purpose is to provide infrastructure, including community development systems, facilities, services, projects, and improvements to the District. Ultimately, there is a sense of place in creating the WVID as it is comprised of several different neighborhoods, commercial centers, parks, dog parks, a spring training facility and more.

4. When was the WVID created?
The WVID was created by an act of the Florida Legislature on June 17, 2004.

5. Are improvement districts common?
Yes, these kinds of districts are quite common and many other communities in Florida have similar entities.
Development districts are created around the concept of growth paying for itself.

6. How does WVID help protect residents?
WVID has a board that brings together various groups all in favor of combining their economic strength and ideas to benefit a part of the district.  These benefits reach out to all the community members within the WVID neighborhoods.

7. What neighborhoods are included?
The District covers approximately 11,000 acres including Gran Paradiso, IslandWalk, Oasis, Preserve, Renaissance and future residential neighborhoods as well as the commercial, retail and entertainment centers.


https://westvillagesid.org/documents/

Adopted Meeting Schedule

NOTICE IS HEREBY GIVEN that the Board of Supervisors of the West Villages Improvement District will hold Regular Meetings at 11:00 a.m. in a Meeting Room of the City of North Port located at 4970 City Hall Boulevard, North Port, Florida 34286, on the following dates:

October 10, 2019
November 14, 2019
December 12, 2019
January 9, 2020
February 13, 2020
March 12, 2020
April 9, 2020
May 14, 2020
June 11, 2020
July 9, 2020
August 13, 2020
September 10, 2020

Meetings may be cancelled from time to time without advertised notice.







Ali H. Johnston, MBA in Real Estate




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