If eligible landowners approve at a meeting, a new district would manage drainage and flood control for specified properties in Sarasota and Manatee Counties.
A new district would manage drainage and flood control in a defined area of Sarasota and Manatee Counties. It could charge assessments or service fees after a public hearing, but could not take property by condemnation or levy property-value taxes.
Landowners would elect a five-member board, with votes weighted by acreage. Only landowners with taxable property who are not exempt or immune could vote.
The district could charge assessments and issue bonds to pay for its projects. Assessments could become liens on the property, and voters would have to approve bonds backed by the district's full taxing power.
The board could remove commercial or multifamily land converted to residential condominiums, but only after recording the conversion and approving the change by a supermajority. Cities could not annex district land.
The act would create the University Town Center Improvement District, with authority to manage water and drainage, maintain flood-control works, and provide related services. The district would cover about 1,469.651 acres in Sarasota and Manatee Counties, with specified parcels excluded. The district cannot condemn property. It may not levy property-value taxes, though it may levy other assessments and charge for services after a public hearing. The act would take effect only if a majority of eligible landowners present at a meeting approve it; the meeting must occur within 20 days after the act becomes law.
Landowners would elect a five-member Board of Supervisors, with voting power based on acreage. The rules apply to landowners and supervisors of the proposed district. Only landowners with taxable acreage who are not exempt or immune from taxes or assessments may vote. The board would have to follow public meeting, disclosure, reporting, and records rules. Annual landowner meetings and elections would begin in June 2026.
The district could levy assessments, issue bonds, and borrow against expected assessment or revenue collections. These financing powers would apply to district projects and services. Assessments would be collected under state procedures and could become liens on the land assessed. Voter approval would be required for bonds backed by the district's full faith and credit and taxing power; other bond types described do not require elector approval.
The district could remove commercial or multifamily land converted to residential condominium use from its boundaries, and municipalities could not annex district land. The rules apply to land within the district's boundaries. A contraction would require the residential conversion to be recorded and approval by a supermajority of the board. The board would have to adopt and publish a resolution describing the changed boundary.
No hearings or votes scheduled.