7970022, 42NNN-1.001 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 7970022

Notice of Development of Rulemaking

Department:

FLORIDA LAND AND WATER ADJUDICATORY COMMISSION

Division:

Seven Oaks Community Development District

Chapter:

Seven Oaks Community Development District

Overview

RULE:

42NNN-1.001	Establishment
42NNN-1.002	Boundary
42NNN-1.003	Supervisors

PURPOSE:

The Seven Oaks Community Development District I (“Seven Oaks CDD I”) and the Seven Oaks Community Development District II (“Seven Oaks CDD II”), which are located in Pasco County, Florida, have submitted a joint petition requesting the merger of the two districts. As a result of the merger, Seven Oaks CDD II would cease to exist, and Seven Oaks CDD I would continue as the surviving entity, with amended boundaries that would encompass only the land presently in the existing boundaries of both Seven Oaks CDD I and Seven Oaks CDD II. The approval of a Merger Agreement and petition by the board of supervisors of the district constitutes consent of the merger by the landowners within the district.

SUBJECT:

Both Seven Oaks CDD I and Seven Oaks CDD II have authorized the merger of the two districts and approved a Merger Agreement. Among other things, the Merger Agreement makes provision for the filing of a petition, the proper allocation of the indebtedness, and the manner in which debt is to be retired. Seven Oaks CDD I was established in 2001 by Pasco County Ordinance 01-03 and currently covers approximately 649.369 acres of land. (The District was originally established under the name Saddlebrook Village CDD and was amended to Seven Oaks CDD I by Pasco County Ordinance 01-22.) Seven Oaks CDD II was established in 2002 by Pasco County Ordinance 02-23 and currently covers approximately 1,124.053 acres of land.

RULEMAKING AUTHORITY:

190.005, 190.046 FS.

LAW:

190.004, 190.005, 190.046 FS.

PRINT PUBLISH DATE:

11/25/2009 Vol. 35/47

RELATED STATUTES
AND LAWS:

190.005, 190.046 FS., 190.004, 190.005, 190.046 FS.

OVERSIGHT COMMITTEE:

Joint Administrative Procedures Committee
Florida Administrative Law Central Online Network (F.A.L.C.O.N.)

RELATED COURT CASES:

Division of Administrative Hearings

FEDERAL eRULEMAKING
WEB PORTAL:

Regulations.gov

HOW TO LINK TO
THIS NOTICE:

http://flrules.org/gateway/ruleno.asp?id=42NNN-1.001&PDate=11/25/2009&Section=1

REFERENCE MATERIALS:

No reference(s).

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