Discussion regarding the Villages of Lake Osborne - Multifamily Project on Lake Worth Road

Important things are discussed here and you should take time to listen to the discussion. Here are some of the highlights, with minute marks and a synopsis of what was said at that point in the meeting.

4:25 - Market rate housing development. No subsidies.

8:30 - Status of pre-leasing on the Villages of Lake Worth project at the northwest corner of Boutwell and Lake Worth roads.

9:30 - Community benefits program discussion.

13:20 - Commissioner McVoy continues the community benefits program discussion. There is $14,000 in a "sustainable bonus trust fund" that the City Commission can determine how best to use to enhance community sustainability.

15:20 - "No investment in the city for seven years." William Waters.

16:00 - "$150 million worth of projects have come in for review" since passage of the Land Development Regulations (LDRs) last August. That is more than what came in during 2006-2007.

19:15 - Passed unanimously. There are four other large projects, including a hotel, on the way.