Developer to Fund District FY2027 Budget via Agreement
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Description
The Water Street Tampa Improvement District plans to enter a FY 2027 Budget Funding Agreement with Strategic Property Partners LLC under which the developer will fund the District’s $71,588 general fund budget as expenses are incurred. This arrangement allows the District to operate without levying non-ad valorem assessments on the property.
Contract Details
Contract Amount
$71,588
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
Renewal Date
2027-09-30
Renewal Info
Agreement is specific to FY 2027 (October 1, 2026–September 30, 2027); future fiscal year funding would require separate agreements or amendments.
More from STRATEGIC PROPERTY PARTNERS LLC
Issuing Agency
Utility District
Tallahassee, FL
More from Water Street Tampa Improvement District
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Water Street Tampa Improvement District Regular Meeting Agenda Packet May 2026
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