The bill CS/HB 4025 establishes the Duke Farm Stewardship District as an independent special district in Lee County, Florida, aimed at facilitating comprehensive community development while adhering to existing county regulations. It outlines the governance structure, including the formation of a governing board elected by landowners, and specifies the district's powers to manage and finance community infrastructure, issue bonds, and impose special assessments. The bill emphasizes the importance of coordinated development to prevent urban sprawl and promote sustainable land use, while ensuring that the district does not impose any financial burden on Lee County.
Key provisions of the bill include detailed descriptions of the district's boundaries, the election process for board members, and the responsibilities of the board, which include financial management and oversight of public services. The bill also introduces new legal language regarding the issuance of bonds, special assessments, and the enforcement of tax obligations, ensuring transparency and accountability in the district's operations. Overall, the bill aims to create a structured framework for governance and financial management within the Duke Farm Stewardship District, promoting effective stewardship of land and resources in the region.