HomeMy WebLinkAbout4580a Alternative Tax Relief Econ Dev Program Grant ApplicationCITY OF SANFORD
ALTERNATIVE TAX RELIEF (REBATE)
ECONOMIC DEVELOPMENT PROGRAM
GRANT APPLICATION
(There is no entitlement to any reward, but the City encourages applications and
the opportunity to work with applicants. If an award is approved to be granted, the
applicant shall be required to enter a performance agreement with the City.)
(If any documents attached to this application are asserted to be confidential or
exempt under the Public Records Laws of the State of Florida; the specific statutory
citation must be asserted in a statement issued by the applicant's legal counsel).
DATE RECEIVED:
REFERENCE:—
(The above to be completed by City staff.)
APPLICANT BASIC INFORMATION:
APPLICANT NAME: DK Sanford, LLC
CONTACT PERSON (if an entity): James D. Palermo
ADDRESS: 15436 N. Florida Ave, Suite 200
CITY: Tampa STATE: – FL ZIP: 33613
TELEPHONE: 813-676-7677 FAX:
EMAIL ADDRESS: ipalermo@debartoloholdin-gs.com
APPLICANT BUSINESS STRUCTURE:
(Please check all that apply.)
❑Sole proprietorship/individual
State:
OrLimited Liability Company
State: Florida
❑ Other
State:
Page 1 of 8
OCorporation
State:
❑ Partnership
Type:
State:
PROJECT SITE INFORMATION:
Address: Corner of 46 & MLK Blvd
City: Sanford State: FL Zip: 32771
Tax Parcel ID: Current - 26-19-30-5AE-4900-0000,26-19-30-5AE-490A-0000, 27-19-30-
501-0000-0080, 27-19-30-300-0040-0000, 26-19-30-5AE-660A-0000. THE SITE WILL BE
PLATTED INTO TWO PARCELS IN CONJUNCTION WITH THE APPROVAL OF THE SITE CONSTRUCTION
PLANS, A COMMERCIAL OUT -PARCEL WILL CONSIST OF APPROXIMATELY +/-2.0 ACRES AND
MULTIFAMILY RESIDENTIAL PARCEL WHICH WILL CONSIST OF APPROXIMATELY +/- 10.5 ACRES
(EXHIBIT A). WE ARE SEEKING THE ALTERNATIVE TAX RELIEF FOR THE FUTURE MULTIFAMILY
RESIDENTIAL PROPERTY ONLY.
BASE REAL PROPERTY VALUE:
Most recent City Taxable Value $2,245,592
Year: 2020
Maximum New Investment Value +/- $49,500,000
Certified by a licensed Florida Engineer or Architect $
PROJECT DESCRIPTION:
DK Sanford, LLC, a Florida limited liability company, in partnership with Transit
Properties, LLC, a Florida limited liability company, are pleased to present Seminole
Station Apartments for consideration in establishing a public private partnership by way
of approval to participate in the City's Alternative Tax Relief Economic Development
Program. Seminole Station Apartments represents an opportunity to develop a +/-10.53
acre vacant parcel located directly across from the Sanford SunRail Station. The
proposed development will bring a minimum of 295, class W, market rate, multifamily
residences to the site located at the corner of S.R. 46 and Martin Luther King Jr. Blvd.
Current plans reflect four residential buildings with elevator access, and parking provided
by both surface spaces and private garages. Residents will have access to first class
amenities, which include an integrated clubhouse with fitness facilities, co -working and
remote working spaces, private offices, and recreational amenities. A resort style pool
and deck will accommodate multiple cabanas, BBQ grilling stations, hammocks, and a
fire pit. The community will offer secured access providing a level of comfort and safety
featuring a video call box allowing residents to see a potential visitor prior to providing
access.
The current unit mix proposes 1 -bedroom, 2 -bedroom, and 3 -bedroom apartments with
six townhomes located throughout the community. Unit amenities will include wood look
flooring vinyl flooring in kitchen and wet areas, carpet in bedrooms, LED lighting, in unit
washer and dryer, kitchen appliances, 9' ceilings with specific units having 12' ceilings,
Page 2 of 8
ceiling fans in living rooms and bedrooms, and designer cabinet designs in kitchens and
bathrooms.
The total project development costs are estimated to be +/- $49.5 million, which shall be
financed via a 60% third party first priority lien construction loan facility and +/- $19.6
million of owner/developer cash equity. With the approval of this application, construction
could begin as early as 2Q21 and be completed by 4Q22.
STATEMENT OF PROJECT BENEFITS TO CITY ("Benefits" means the value to the City
of providing the Incentives, which generally includes: (A). Increased property values
within the Incentive Area and the City as a whole; (B). Increased revenue from property
taxes, business license fees and permit fees; (C). Increased tourism and commercial
activity within the Incentive Area and the City as a whole; and (D). The improvement of
the character of the City by preserving buildings within the Incentive Area and promoting
the construction of new buildings.):
The impact of the COVI D-1 9 pandemic to economies across the Country has presented
several challenges to the development of new multifamily residential projects in the
greater Orlando MSA. With unemployment rates in the Orlando -Kissimmee -Sanford area
near Great Depression all-time highs, increased business closures, economic/political
uncertainty, the rising cost of capital and construction materials, specifically lumber due
to supply chain interruptions, increasing fixed property level expenditures including
property insurance and reduced rents, have severely affected the feasibility of this project.
By pursuing this public/private partnership with the City of Sanford and receiving the
requested incentive, the project will remain viable. The project will provide much needed
housing within the City of Sanford and offer the ability to increase SunRail ridership at the
Sanford Station. The City will benefit by way of increased property values and thus tax
revenues, payment of permit and impact fees, formation of over 295 households, the
members of which will live and play within City limits frequenting bars, restaurants, and
retailers further supporting the local economy, and stimulating further new development
along S.R. 46.
New commercial development has historically increased the value of properties within the
surrounding area. In 2015, faculty and students from Florida State University examined
and quantified property value changes associated with SunRail. The study found that
"SunRail investments have catalyzed new development around stations and yielded
measurable economic benefits in the form of property tax increases from new transit -
oriented developments (TOD)," The team studied sixteen stations and noted $2.4 billion
in cumulative property value growth from 2015 to 2018. The proposed project will build
upon the SunRail investment and further increase property values as the community
comes online and reaches stabilization.
To make the improvements necessary to construct a portion of the Property, and receive
the permits required to commence construction, it is estimated that the City will receive
approximately $365,000 in site and building permit fees, $988,000 in water and sewer
impact fees, and a combined $470,000 in parks, fire, and police impact fees.
Page 3 of 8
STATEMENT OF HOW PROJECT MEETS CITY GOALS ("Goals" means the objectives
of the City in offering the Incentives, which generally includes: (A). Promoting the
construction of new building or the rehabilitation of existing buildings within the Incentive
Area; and (13). Supporting the establishment of the categories of new businesses that will:
(i). Significantly increase the overall commercial activity within the Incentive Area, (ii).
Attract the City's residents and tourists into the Incentive Area, and (iii). Increase property
values within the City as a whole.):
As noted above, the project will assist the City in meeting their goals of growth and new
construction as four apartment buildings with stand-alone private parking garages are
proposed. The apartment buildings will contain 295 residential, market rate units with
current projected average rent of $1,400 per month. As a collateral benefit, the
construction activities will require the general contractor and subcontractor businesses to
register with City of Sanford and apply for business licenses increasing commercial
activity within the Incentive Area. Once completed, the increased resident base should
bolster patronage to local businesses within the area.
STATEMENT RELATING TO CREATION OF JOBS ("Job" means each new: (A). Full-
time position or (13). Full-time equivalent position that is created as a direct result of the
ongoing operation of a development. For the purposes of calculating the number of jobs
created by a development, only those employed at businesses directly associated with
the development at positions permanently located within the Incentive Area shall be
considered.):
The construction of the Project will generate full-time positions for an average of 81
general contractor and subcontractor employees for a period of eighteen (18) months.
Subsequent to the completion of construction, and although not directly employed by the
owner, the complete project will require the services of landscaping, routine maintenance
subcontractors, cleaning staff, and others typically related to the operation of similar
apartment complexes. The Property itself will create to create five to six new full-time
positions upon receipt of Certificate of Occupancy for the clubhouse. These employees
will be part of the third party property management team and consist of leasing agents,
community managers, and property maintenance staff.
STATEMENT RELATING TO REQUEST FOR INCENTIVE:
The applicant requests a 100% tax rebate for 10 years from the date of the final certificate
of occupancy.
The approval of the requested Incentive will allow the applicant to secure financing and
proceed with construction of the project. Recent changes to financial underwriting
requirements in the Orlando market because of the economic impacts of COVID-1 9 have
resulted in an inability to close the financing necessary to commence construction. To
date, the applicant and City staff have worked hand in hand to identify areas of opportunity
Page 4 of 8
as it relates to cost savings through redesign of the site, density and parking requirement
adjustments, and construction value engineering.
However, the approval of this incentive is necessary for the project to proceed. The
applicant is requesting a rebate for a duration of ten (10) years to meet Federally
mandated requirements of the Government Sponsored Enterprises (GSEs) Freddie Mac,
Fannie Mae, and Ginnie Mae. The GSEs will not recognize any tax rebate unless there
is specific documentation via local jurisdictional approval, which reflects a minimum 10 -
year abatement/rebate. Meeting this threshold will allow the applicant to meet the financial
underwriting requirements for the project and proceed with construction in 2021 as
described herein.
REQUIRED DOCUMENT CHECKLIST:
nCertification by Applicant.
FlApplication Authorization or Affidavit of Ownership.
OSite plan, building plans, elevations and a detailed scope of work.
El Business Plan.
0 Estimate by a Licensed Engineer or Architect certifying amount of new investment.
El Most recent property tax bill and truth in millage statement.
CERTIFICATION BY APPLICANT
The applicant certifies that all information in this application, and all information furnished
in support of this application, is given for obtaining funds from the City of Sanford
Economic Development Alternative Tax Relief (Tax Rebate) Program and is true and
complete to the best of the applicant's knowledge and belief.
The applicant certifies that the applicant has read and is familiar with the requirements of
the City's legislative actions authorizing the Program and that it will execute agreement
with any ordinance granting the economic incentives applied for herein.
If the applicant is not the owner of the property, or if the applicant is an organization rather
than an individual, the applicant certifies that he/she has the authority to sign and enter
into an agreement to perform the improvements on the property. Evidence of this
authority must be attached.
Page 5 of 8
Verification of any of the information contained in this application may be obtained from
any source named herein.
It is further understood that all information obtained will be held in strict confidence and
used for no other purposes by the City of Sanford inconsistent with controlling law. I have
received and reviewed the program guidelines prior to submitting this application.
SIGNATURE: DATE: August 28, 2020
PRINTED NAME: o, Executive Vice President
STATE OF FLORIDA
COUNTY OF HILLSBOROUGH
The foregoing instrument was acknowledged before me this 28th day of August, 2020 by
James D. Palermo, Executive Vice President of DK Sanford, LLC, a Florida limited liability
company who is personally known to me, OR who has produced
as identiff5abon and did (did not) take an oath.
u9
My commission expires:
Print dd Name: Linda K. Pearce
NOTARY PUBLIC
UNDA K PEARCE
Notary Public — State of Florida
Commission I GG 139449
My Comm. Expires Oct 19, 2021
Bwded fl"Ugh Naomi Notm Asin,
I 1 0 go No qW lop W,
Page 5 of 8
PROPERTY ADDRESS:
TAX PARCEL ID: 2C -Al'
Signed and sealed
in the presence of:
z
WIT NESt-#I-TSignature)
PI -1 u 0 t) C- - V
71��011:11
— — f, ealz-
WITNESS #2 (Signature)
NAME PRINTED'
STATE OF FLORIDA
COUNTY OF SEMINOLE
AFFIDAVIT OF OWNERSHIP
C 3.-2 7-?!
5',9e- y900 -- 000 0, 1G -M - 30- 5W - *,)Iq —,90 Co 1.2-7-11 - 30-Sdi,011*
.1? -11 - 30- 300 -0090-0000" ;C-/9-30 -SVC4164 --0000
le6411,111 (-/ �O�
OWNER (Printed Name)
OWNER(Signature)
The foregoing instrument was acknowledged before me this � day of
2010 by_E(-'-"_V ) aJ W f�- who is personally known to me, or
has produced f,--L� Lg
as identification and did (did not) take
oath.
My commission expires: 6212.2�2tu—
Printed Name:
NOTARY PUBLIC
*NOTE: If more than one owner please provide additional affidavit of ownership for
each owner.
Page 7 of 8
AUTHORIZATION TO APPLY
1, 4--alAl 611 y0lzX _, am the owner of the following described property:
PROPERTY ADDRESS: 5, (z, LA(o � R -LV- p0joV , cprpL�, C—L,
I do hereby authorize the following named individual or entity to apply for an Economic
Development grant and enter into an agreement with the City of Sanford.
AUTHORIZED REPRESENTATIVE:
(IF APPLICABLE)
/<"C (///,/ 6,-1YV12,,q
PROPERTY OWNER (1) (Print Name)
PROPERTY OWNS K (1) (Signature)
STATE OF FLORIDA
COUNTY OF SEMINOLE
1<'�'6-6-111WZ Q 4 "JzI164
PROPERTY OWNER (2) (Printed Name)
PROPERTY OWNER (2) (Signature)
The foregoing instrument was acknowledged before me this 2-q day of '� -Q b--OC'T ,
20 9 0 by � (-' ,J ) -J \jJ 14,)-> P- , who is personally known to me, or who
has produced i)fas identification and did (did not) take an
oath.
My commission expires: CQb 2_�26 ? Z__
�a -A - �'�
Printed Name: L --L i - -
NOTARY PUBLIC
a�jpXIN Notary Public State of Florida
0 &
jayesh Patel
My Corrimtssion GG 189313
Expires 02J22/2022
iK1
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JOEL M. GREENBERU ZU19 bFMINULF UUUN I Y KCAL E61 A I E TAX BILL NUMBER 009806
SEMINOLE COUNTY TAX COLLECTOR NOTICE OF AD VALOREM TAXES AND NON -AD VALOREM ASSESSMENTS
PROPERTY I.D. NUMBER ESCROW CD I IMILLAGE CODE
26-19-30-5AE-4900-0000 I APPLICABLE VALUES AND EXEMPTIONS BELOW 11S1
z
V
TRANSIT PROPERTIES LLC
1205 STELLAR DR
OVIEDO FL 32765-9675
11111111111111111111111111111113111111111111111111nn
BILK 49 (LESS E 89.35 FT & RD) & E
15 FT OF VACD ST ADJ ON W & BLK 50
(LESS E 89.35 FT & S 455 FT) M M
SMITHS SUBD PB 1 PG 55
PAD: OW 1ST ST
COUNTY
4.8751
1,231,429
0
1,231,429
6,003.34
SCHOOL
6.1330
1,275,980
0
1,275,980
7,825.59
CITY SANFORD
7.3250
1,231,429
0
1,231,429
9,020.22
ST JOHNS WATER MANAGEMENT
0.2414
1,231,429
0
1,231,429
297.27
PAY ONLINE VVWKSEMINOLECOUNTY.TAX
TOTAL MILLAGE 18.5745 1 TOTAL AD VALOREM TAXES $23,146.42
TOTAL NON -AD VALOREM ASSESSMENTS $.Do
COMBINED TAXES AND ASSESSMENTS $23,146.42 See reverse side for
important information.
L0PAY
ONLY BY NOV 30 BY DEC 31 BY JAN 31 BY FEB 29 BY MAR 31
ONE AMOUNT 22,220.56 22,452.03 22,683.49 22,914.96 23,146.42
JOEL M. GREENBERG 2019 SEMINOLE COUNTY REAL ESTATE TAX BILL NUMBER 009806
SEMINOLE COUNTY TAX COLLECTOR NOTICE OF AD VALOREM TAXES AND NON -AD VALOREM ASSESSMENTS
ERTY I.D. NUMBER ESCROW CD MILEAGE CODE
L�26E-19-30-5'
AE-4900-0000 APPLICABLE VALUES AND EXEMPTIONS ABOVE 51
PLEASE DETACH AND RETURN THIS ORIGINAL STUB WITH PAYMENT
R
BILK 49 (LESS E 89.35 FT & RD) & E
15 FT OF VACD ST ADJ ON W & BILK 50
(LESS E 89.35 FT & S 455 FT) M M
TRANSIT PROPERTIES LLC SMITHS SUBD PB 1 PG 55
1205 STELLAR DR PAD: 0 W 1ST ST
OVIEDO FL 32765-9675
FOR PROCESSING PURPOSES, PLEASE DO NOT WRITE ON THIS NOTICE.
PAY IN U.S_ FUNDS TO JOEL PIM- GRFFNRFRG SFIlMINOLF COUNTY TAX COI. I FCTOR • P-0- ROX 636 « SANFORD. FI 39772-6630
LONPAYONLYBY
NOV 30 BY DEC 31
BY JAN 31
BY FEB 29
BY MAR 31
E AMOUNT
22,220.56 22,452.03
22,683.49
22,914.96
23,146.42
'111111I 11111111 jr':
JOEL M GREENBERG ZU19 6EMINULL C;UUN I Y KCAL E61 A It TAX BILL NUMBER 009807
SEMINOLE COUNTY TAX COLLECTOR NOTICE OF AD VALOREM TAXES AND NON -AD VALOREM ASSESSMENTS
PROPERTY I.D. NUMBER ESCROW CD MILLAGE CODE
26-19-30-5AE-490A-0000 APPLICABLE VALUES AND EXEMPTIONS BELOW S1
R
E 89.35 FT OF ELKS 49 & 50 (LESS S
455 FT OF BLK 50) & ALL BLK 98 M M
1 SMITHS SUED PB 1 PG 55
TRANSIT PROPERTIES LLC PAD: 0 46 SR
1205 STELLAR DR
OVIEDO FL 32765-9675
COUNTY
4.8751
958,974
0
958,974
4,675.09
SCHOOL
6.1330
958,974
0
958,974
5,881.39
CITY SANFORD
7.3250
958,974
0
958,974
7,024.48
ST JOHNS WATER MANAGEMENT
0.2414
958,974
0
958,974
231.50
PAY ONLINE WVVW. SEMINOLECOUNTY.TA
TOTAL MILLAGE 18.5745 1 TOTAL AD VALOREM TAXES $17,812.46
111HEIRMEM
TOTAL NON -AD VALOREM ASSESSMENTS $,00
COMBINED TAXES AND ASSESSMENTS $17,812.46 See reverse side for
important information.
PAY ONLY BY NOV 30 BY DEC 31 BY JAN 31 BY FEB 29 BY MAR 31
ONE AMOUNT 17,099.96 17,278.09 17,456.21 17,634.34 17,812.46
JOEL M. GREENBERG 2019 SEMINOLE COUNTY REAL ESTATE TAX BILL NUMBER 009807
SEMINOLE COUNTY TAX COLLECTOR NOTICE OF AD VALOREM TAXES AND NON -AD VALOREM ASSESSMENTS
PROPERTY I.D. NUMBER ESCROW CD MILLAGE CODE
26-19-30-5AE-49OA-0000 APPLICABLE VALUES AND EXEMPTIONS ABOVE S1
PLEASE DETACH AND RETURN THIS ORIGINAL STUB WITH PAYMENT
R
E 89.35 FT OF ELKS 49 & 50 (LESS S
455 FT OF BLK 50) & ALL BLK 98 M M
SMITHS SUBD PB 1 PG 55
TRANSIT PROPERTIES LLC PAD: 0 46 SR
1205 STELLAR DR
OVIEDO FL 32765-9675
FOR PROCESSING PURPOSES, PLEASE DO NOT WRITE ON THIS NOTICE,
PAY IN LLS_ FUNDS TCS .JOEL M. GRFFNRFRG_ SFMINOI..F COUNTY TAX COLLFCTOR a P -O_ BOX 6.10 a SANFORD. FL32772-0630
PAY ONLY
BY NOV 30
BY DEC 31
BY JAN 31
BY FEB 29
BY MAR 31
ONE AMOUNT
17,099.96
17,278.09
17,456.21
17,634.34
17,812.46
JOEL M. URF NBERU 2U19 6LMINULL UUUN I Y KCAL E61 A I I= TAX BILL NUMBER 009822
SEMINOLE COUNTY TAX COLLECTOR NOTICE OF AD VALOREM TAXES AND NON -AD VALOREM ASSESSMENTS
PROPERTY I.D. NUMBER ESCROW CD MILLAGE CODE
26-19-30-5AE-66OA-0000 APPLICABLE VALUES AND EXEMPTIONS BELOW S1
R
N10FTOFE1/2 OFBLK66MM
SMITHS SUBD PB 1 PG 5
PAD: 0 W AIRPORT BLVD
TRANSIT PROPERTIES LLC
1205 STELLAR DR
OVIEDO FL 32765-9675
COUNTY
4.8751
2,523
0
2,523
12.30
SCHOOL
6.1330
2,523
0
2,523
15.47
CITY SANFORD
7.3250
2,523
0
2,523
18.48
ST JOHNS WATER MANAGEMENT
0.2414
2,523
0
2,523
.61
PAY ONLINE WWW.SEMINOLECOUNTY.TAX
TOTAL MILLAGE 18.5745 TOTAL AD VALOREM TAXES
TOTAL NON -AD VALOREM ASSESSMENTS $.DO
COMBINED TAXES AND ASSESSMENTS $4.6,$6 See reverse side far
importan#information.
PAY ONLY BY NOV 30 BY DEC 31 BY JAN 31 BY FEB 29 BY MAR 31
ONE AMOUNT 44.99 45.45 1 46.39 46.86
JOEL M. GREENBERG 2019 SEMINOLE COUNTY REAL ESTATE TAX BILL NUMBER 009822
SEMINOLE COUNTY TAX COLLECTOR NOTICE OF AD VALOREM TAXES AND NON -AD VALOREM ASSESSMENTS
PROPERTY I.D. NUMBER ESCROW CD I MILLAGE CODE
26-19-30-5AE-66OA-0000 I APPLICABLE VALUES AND EXEMPTIONS ABOVE IS1
R
PLEASE DETACH AND RETURN THIS ORIGINAL STUB WITH PAYMENT
TRANSIT PROPERTIES LLC
1205 STELLAR DR
OVIEDO FL 32765-9675
N 10 FTOFE 1/2 OFBLK66MM
SMITHS SUBD PB 1 PG 5
PAD: 0 W AIRPORT BLVD
PAY ONLY BY NOV 30
BY DEC 31
BY JAN 31
BY FEB 29
BY MAR 31
ONE AMOUNT 44.99
45.45
45.92
46.39
46.86
JOEL M. UREENBERG ZUl �J bFMINULF UUUN I Y KtAL 1=6 1 A I F TAX BILL NUMBER 010078
SEMINOLE COUNTY TAX COLLECTOR NOTICE OF AD VALOREM TAXES AND NON -AD VALOREM ASSESSMENTS
r-- PROPERTY I.D. NUMBER ESCROW CD I I MILLAGE CODI
27-19-30-300-0040-0000 1 APPLICABLE VALUES AND EXEMPTIONS BELOW I Sl
[a
TRANSIT PROPERTIES LLC
1205 STELLAR DR
OVIEDO FL 32765-9675
SEC Z7TVVP13GRGE8OEBEG 4O2FTN
&25FTVVOFE1NCOR RUN VV3O5FT
N15FTE305FT8TD BEG
PAD: OVVAIRPORT BLVD
COUNTY
4.8751
7,377
V
7,377
35.96
SCHOOL
6.1930
19,215
V
19'215
117.85
CITY SANFORD
7.325$
7,377
O
7,377
54.0
ST JOHNS WATER MANAGEMENT
0.2414
7,377
0
7,377
1.78
PAY ONLINE WWW.SEMINOLECOUNTY.TAX I
TOTAL MILLAGE 18.5745 1 TOTAL AD VALOREM TAXES $209.63
VALOREM ASSESSMENTS $.00 )
See reverse side for
COMBINED TAXES AND ASSESSMENTS $209.63 important information.
PAY ONLY BY NOV 30 BY DEC 31 BY JAN 3 BY FEB 29 BY MAR �31
1 1 63J
�MOUNT� 201.24 203.34 205.44 207.53 209.63
JOEL M.GREENBERG 2U19SEM|NOLECOUNTY REAL ESTATE TAX BILL NUMBER O1UV78
SEMINOLE COUNTY TAX COLLECTOR NOTICE OF AD VALOREM TAXES AND NON -AD VALOREM ASSESSMENTS
��PROPERTY I.D. NUMBER ESCROW CD I I MILLAGE COD
30-300-0040-0000 1 APPLICABLE VALUES AND EXEMPTIONS ABOVE I Sl
R
PLEASE DETACH AND RETURN THIS ORIGINAL STUB WITH PAYMENT
TRANSIT PROPERTIES LLC
1205 STELLAR DR
OVIEDO FL 32765-9675
SEC 27TVVP19GRGE3OEBEG 4O2FTN
&25FTVVOFE1NCOR RUN VV3O5FT
N 15 FTE305FTSTO BEG
PAD: OVYAIRPORT BLVD
PAY ONLY
BY NOV 30
BY DEC 31
BY JAN 31
BY FEB 29
BY MAR 31
ONE AMOUNT
201.24
203.34
205.44
20753
209.63
JOEL M. GRE NBERG 'LUIU SLIVIINULL UUUN I Y KCAL E61A1 L TAX BILL NUMBER 010093
SEMINOLE COUNTY TAX COLLECTOR NOTICE OF AD VALOREM TAXES AND NON -AD VALOREM ASSESSMENTS
PROPERTY I.D. NUMBER ESCROW CD MILEAGE CODE
27-19-30-501-0000-0080 APPLICABLE VALUES AND EXEMPTIONS BELOW S1
R
PAY ONLINE WWW.SEMINOLECOUNTY.TAX
TOTAL MILLAGE 18.5745 TOTAL AD VALOREM TAXES $1,364.92
TOTAL NON -AD VALOREM ASSESSMENTS $,00
COMBINEDTAXES AND ASSESSMENTS $1,364,92 See reverse side for
important information,
PAY ONLY BY NOV 30 BY DEC 31 BY JAN 31 BY FEB 29 BY MAR 31
ONE AMOUNT 1,310.32 1,323.97 1,337.62 1,351.27 1,364.92
JOEL M. GREENBERG 2019 SEMINOLE COUNTY REAL ESTATE TAX BILL NUMBER 010093
SEMINOLE COUNTY TAX COLLECTOR NOTICE OF AD VALOREM TAXES AND NON -AD VALOREM ASSESSMENTS
PROPERTY I.D. NUMBER I ESCROW CD MILLAGE CODE
27-19-30-501-0000-0080 1 1 APPLICABLE VALUES AND EXEMPTIONS ABOVE IS1
0
TRANSIT PROPERTIES LLC
1205 STELLAR DR
OVIEDO FL 32765-9675
LOTS 8 & 9 & THAT PT OF VACD ST
ADJ ON W WALTER SUED PB 10 PG 13
PAD: 0 WILLIAMS AVE
r- .,.• --r 4 rs r • r
BY NOV 30
LOTS 8 & 9 & THAT PT OF VACD ST
BY JAN 31 BY FEB 29
BY MAR 31
ONE AMOUNT
ADJ ON W WALTER SUBD PB 10 PG 13
1,323.97
yrs
1,364.92
PAD: 0 WILLIAMS AVE
TRANSIT PROPERTIES LLC
1205 STELLAR DR
OVIEDO FL 32765-9675
AD VALOREM TAXES
�
m VIII
p �
0
/ /
fflr��E
� 6@
COUNTY
4.8751
45,962 0 45,962
224.07
SCHOOL
6,1330
129,314 0 129,314
793.08
CITY SANFORD
7.3250
45,962 0 45,962
336.67
ST JOHNS WATER MANAGEMENT
0.2414
45,962 0 45,962
11.10
PAY ONLINE WWW.SEMINOLECOUNTY.TAX
TOTAL MILLAGE 18.5745 TOTAL AD VALOREM TAXES $1,364.92
TOTAL NON -AD VALOREM ASSESSMENTS $,00
COMBINEDTAXES AND ASSESSMENTS $1,364,92 See reverse side for
important information,
PAY ONLY BY NOV 30 BY DEC 31 BY JAN 31 BY FEB 29 BY MAR 31
ONE AMOUNT 1,310.32 1,323.97 1,337.62 1,351.27 1,364.92
JOEL M. GREENBERG 2019 SEMINOLE COUNTY REAL ESTATE TAX BILL NUMBER 010093
SEMINOLE COUNTY TAX COLLECTOR NOTICE OF AD VALOREM TAXES AND NON -AD VALOREM ASSESSMENTS
PROPERTY I.D. NUMBER I ESCROW CD MILLAGE CODE
27-19-30-501-0000-0080 1 1 APPLICABLE VALUES AND EXEMPTIONS ABOVE IS1
0
TRANSIT PROPERTIES LLC
1205 STELLAR DR
OVIEDO FL 32765-9675
LOTS 8 & 9 & THAT PT OF VACD ST
ADJ ON W WALTER SUED PB 10 PG 13
PAD: 0 WILLIAMS AVE
r- .,.• --r 4 rs r • r
BY NOV 30
r • r• • • s • • r ♦ r r N
BY JAN 31 BY FEB 29
BY MAR 31
ONE AMOUNT
1,310.32
1,323.97
1,337.62 1,351.27
1,364.92
PAY ONLY
BY NOV 30
BY DEC 31
BY JAN 31 BY FEB 29
BY MAR 31
ONE AMOUNT
1,310.32
1,323.97
1,337.62 1,351.27
1,364.92
1 11 11 1 1 111111»1 111111111 11111 1111 1 '»
MIJ
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N
TRANSIT STATION APARTMETS
DRAFT ORGANIZATIONAL CHART
6748000v1
100%
100%
TRANSIT PROPERTIES, LLC
6748000vI