315 N A Street

Land E OF I-95, 1 MILE W OF DOWNTOWN LAKE WORTH, sold as PART OF 4-LOT CONTIGUOUS LAND zoned Low Density Multi-Family. Total size of 4 lots = 3.6783 acres; Total 2015 Real Estate Tax = $8,535. CITY OF LAKE WORTH & PROPERTY OWNER AGREED TO CREATE A CONSERVATION EASEMENT. THE CITY AGREED TO APPROVE A PROJECT OF UP TO TOTAL BUILDING COVERAGE OF 56,000 SF(not limited to a single structure); UP TO 73 DWELLINGS; UP TO 3 STORIES HIGH. OTHER FORMATS, NOT IN VIOLATION OF BUILDING CODES OR THAT DO NOT IMPEDE THE CONSERVATION EASEMENT, WILL BE CONSIDERED. THE CITY WILL EXTEND BENEFITS & INCENTIVES TO DEVELOPMENT OF THE PROPERTY AS AN INDUCEMENT TO THE CONSERVATION EASEMENT. DETAILS OF THE AGREEMENT & CONSERVATION EASEMENT SURVEY WILL BE PROVIDED TO PARTIES WHO SIGN A CONFIDENTIALITY AGREEMENT.