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Four Seasons at Kent Island

Four Seasons at Kent Island. Assurances to Board of Public Works. Convey 131-acre park to County; covenant for permanent protection Permanent reduction of 271 homes; no transfer of density Binding agreement to work with QA County under new State stormwater regulations.

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Four Seasons at Kent Island

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  1. Four Seasons at Kent Island

  2. Assurances to Board of Public Works • Convey 131-acre park to County; covenant for permanent protection • Permanent reduction of 271 homes; no transfer of density • Binding agreement to work with QA County under new State stormwater regulations

  3. Environmental Benefits • Zero permanent wetlands impact • Restoring 39,000 square feet of wetlands • Stormwater management above & beyond • Sustainability best practices

  4. Economic Benefits • 6,100 jobs • $30+ million in total incentives • $97.2 million net tax benefits • $8+ million toward sewer upgrade • $681 million in sales to local businesses

  5. Potential Loss • County would have to reimburse K. Hovnanian $1,390,000 for purchased sewer allocation and user fees • County would lose another $7,500,000 towards repayment of the new sewer treatment facility • County would need to construct a water tower or other water storage facilities at a cost of up to $1,400,000

  6. Important Reminders • In designated Growth Area as a State Priority Funding Area (only 6% of QA County) • Located outside 100 Year Flood Plain; one of the highest elevations on Kent Island • Received approvals from: • Critical Area Commission • Maryland Department of the Environment • Every state regulatory agency

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