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Northern Palm Beach County Improvement District Regular Meeting Agenda 2026-06-24

Artistry Lakes Developer Funds $10.95M Private Improvements

$10,953,557.50Northern Palm Beach County Improvement DistrictKH ARTISTRY LAKES LLCJune 24, 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

Northern Palm Beach County Improvement District approved Funding Agreement No. 2 with KH Artistry Lakes LLC requiring $10,953,557.50 in cash or letter-of-credit funding for Phase 1B private improvements in Unit 54 – Artistry Lakes. The 24‑month agreement finances Northern’s design, bidding, and construction oversight of the developer’s private infrastructure.

Contract Details

Contract Amount

$10,953,557.50

Vendor

KH ARTISTRY LAKES LLC

Agency

Northern Palm Beach County Improvement District, FL

Contract Type

OTHER

Document Date

June 24, 2026

Contract Term

24 months from Effective Date of Agreement

Renewal Info

Funding Agreement No. 2 is effective for 24 months from its effective date and may be supplemented if construction costs exceed the funded amount; the Developer remains responsible for all construction costs. It does not provide for automatic renewal but could be amended by mutual agreement.

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