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herein by reference (the "Property") which includes the Legal Description and the <br /> location sketch of the Property certified to the School Board.; and <br /> WHEREAS, the Applicant has submitted an application seeking approval to <br /> develop no more than 154 residential dwelling units on the Property (the "Development <br /> Proposal"); and <br /> the School Board and the City entered int th rtain ',la ended <br /> and Restated Interlocal Agreement for Public School Facilirla P1a \ing in -Iiami-Dade <br /> County, dated December 12, 2007(adopted and execu ed by c „fit, n December 13, <br /> 2007) to implement public school concurrency nd tz,00rdinate the approval of <br /> jY? <br /> residential development with the provision o:ad-.ua public school facilities ("ILA"), <br /> incorporated herein by reference; and <br /> s!. <br /> WHEREAS, the City. '.unci pl_ es and adopted Resolution No. 14-Z-143 on <br /> J Sim <br /> July 31, 2014 (incorporated `':_fin by reference), approving Applicant's Development <br /> r;, <br /> Kx. <br /> Proposal, subject to cq e less, e of which is Applicant's compliance with school <br /> concurrency "iii -menti• and <br /> u' the Parties agree that: (1) adequate School Facility Capacity is not <br /> avail.b: for -even (7) of the elementary students generated by the proposed residential <br /> 2y. i <br /> dwelling snits, at the Level of Service Standard within the Concurrency Service Area in <br /> which the Development Proposal is located, to accommodate the anticipated number of <br /> public school students that the Development Proposal will generate; (2) the needed <br /> School Facility Capacity for the applicable Concurrency Service Area is not available in <br /> any contiguous Concurrency Service Areas within the same Geographic Area; and (3) <br /> SCHOOL BOARD/PROPORTIONATE SHARE MITIGATION- — <br /> BEACH CLUB ACQUISITION,LLC AGREEMENT—DRAFT#2-5/14/2015 Page 2 of 22 <br />