Eustis weighs 30-year deal with T & S FL Partners
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Description
The City of Eustis is considering Ordinance 2026-18 to approve and execute a 30-year development agreement with T & S FL Partners, Inc. for a 2.8-acre mixed commercial‑industrial project at County Road 44A and County Road 44, defining permitted research, office, and light assembly uses along with open space, buffering, and infrastructure obligations. The agreement will take effect only after annexation and recording, with the developer covering recording costs and required utility improvements.
Contract Details
Vendor
T & S FL PARTNERS INC
Agency
Housing Authority of the city of Eustis, FL
Contract Type
OTHER
Document Date
May 5, 2026
Contract Term
30 years from the Effective Date
Renewal Info
Initial term of 30 years from the Effective Date with option for extension by mutual consent of the City and owner after a public hearing under Section 163.3225, Florida Statutes.
Issuing Agency
Local Housing Authority
Eustis, FL
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