north_springs_improvement_district_board_minutes_d.pdf
Heron Bay Community Association Enters 40-Year Ground Lease
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Description
North Springs Improvement District and Heron Bay Community Association, Inc. entered into a 40-year ground lease for three parcels totaling approximately 40 acres, at a nominal rent of $1 per year. The Association will use the land for plant and mulch staging and must maintain insurance and indemnification.
Contract Details
Contract Amount
$1/year
Vendor
HERON BAY COMMUNITY ASSOCIATION INC
Agency
North Springs Improvement District, FL
Contract Type
FACILITIES
Document Date
December 3, 2025
Contract Term
January 1, 2026 – December 31, 2065 (40 years)
Renewal Date
2065-12-31
Renewal Info
Option to renew for one additional 40-year term upon written amendment and Board approval. Notice required 90 days before expiration.
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North Springs Improvement District Meeting Minutes January 2026
PENDINGNorth Springs Improvement District Meeting Minutes January 2026
APPROVEDNorth Springs Improvement District Meeting Minutes January 2026
APPROVEDIssuing Agency
North Springs Improvement District
Utility District
Fort Lauderdale, FL
More from North Springs Improvement District
North Springs Improvement District Meeting Minutes January 2026
north_springs_improvement_district_board_minutes_d.pdf
north_springs_improvement_district_board_minutes_d.pdf
north_springs_improvement_district_board_minutes_d.pdf
north_springs_improvement_district_board_minutes_d.pdf
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