Civic IQ
FINANCIAL_SERVICESAPPROVED

Water Street Tampa Improvement District Board of Supervisors Regular Meeting Agenda May 2026

Developer to Fund District FY 2027 Budget

$71,588 (maximum, tied to actual FY 2027 expenses)Water Street Tampa Improvement DistrictSTRATEGIC PROPERTY PARTNERS LLCMay 6, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Water Street Tampa Improvement District is entering a FY 2027 Budget Funding Agreement with Strategic Property Partners LLC, under which the developer will fund up to $71,588 of the District’s actual general fund expenses. This arrangement replaces the levy of non-ad valorem assessments for the year.

Contract Details

Contract Amount

$71,588 (maximum, tied to actual FY 2027 expenses)

Vendor

STRATEGIC PROPERTY PARTNERS LLC

Agency

Water Street Tampa Improvement District, FL

Contract Type

FINANCIAL_SERVICES

Document Date

May 6, 2026

Contract Term

October 1, 2026 – September 30, 2027 (FY 2027)

Renewal Date

2027-09-30

Renewal Info

One-year funding commitment for FY 2027; future fiscal years require separate agreements or budget actions.

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