HomeMy WebLinkAbout05.c.01 CA Financing Request.Reynolds EXECUTIVE SUMMARY
AGENDA ITEM:
Request for financing of Developer Agreement charges for a wastewater service to 3427 Doctors
Lake Drive, Orange Park, Clay County, Florida.
BACKGROUND:
CCUA staff received the attached financing request from Ms. Cora Mae Reynolds on May 20,
2024. She is requesting the Board of Supervisors' approval to finance the Developer Agreement
charges of $7,844.78 for a wastewater service at the above-referenced property, under our
normal financing arrangements, for a period of ten(10)years. Ms. Reynolds expressed that due
to her fixed income, she cannot afford to pay the full cost of connection up front, and she will
need financing arrangements for the charges associated with the wastewater connection to her
property.
RECOMMENDATION:
Due to limited risk, staff respectfully recommends approval of Ms. Reynolds request to finance
the Developer Agreement charges of $7,844.78. CCUA has granted similar financing
arrangements for other property owners. In addition, CCUA has lien rights as Ms. Reynolds
holds title to the subject property. This assures CCUA will recover the principal and accrued
interest in the event of a default.
ATTACHMENTS:
1. Financing request dated 05/20/2024 from Ms. Reynolds.
2. Area map
//SB (Author)
//JC (Final)
X:\Service Availability\Service Availability Analyst\00 Jennifer\EXECUTIVE SUMMARYS\Financing Request.Reynolds.docx
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Disclaimer:The information displayed on this drawing or sheet is for a general visual representation purposes only.The drawing is based upon numerous sources of public
information which include but are not limited to Clay County Property Appraisers, FDOT, SJRWMD, and the Clay County Utility Authority's (CCUA)own records.All
information included in the drawing is general in nature and not site specific.Any cimensions or other information is approximate and needs to be field verified.CCUA does
not offer any guarantees,certifications,or warranties,either expressed or implied,in regards to the accuracy of the information represented on these drawings.The drawing !
is not a survey and should not be construed in any manner as such.By receiving this drawing,the recipient is agreeing to hold CCUA harmless for any errors or omissions
which may be present in this&awing.All interested parties are strongly encouraged to engage a Professional Surveyor and Mapper licensed in the State of Florida to field
verify all site,property,infrastructure,and utility information prior to any decisions or actions.
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3176 Old Jennings Road
i Info:
� Middleburg, Florida 32068-3907 Prepared by CCUAGIS Portal Water Features
'a Phone 904 272 5999 ill■ Gravity Sewer Features
‘t 5/21/2024,9:39:29 AM - Forced Sewer Features
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�TYAUTN� 1 inch = 100 feet - Reclaimed Features