A Petition has been filed with the Commission requesting the merger of the Westchase Community Development District (“Westchase CDD”) and the Westchase East Community Development District (“Westchase East CDD”). On January 5, 2010, the Board of Supervisors for the Westchase CDD and the Westchase East CDD each adopted resolutions approving a merger agreement. The merger agreement, among other things, makes provision for the filing of a petition, the proper allocation of the indebtedness, and the manner in which debt is to be retired. The merger agreement is contained as Exhibit A to the Petition. Westchase CDD currently covers approximately 741 acres of land located entirely within Hillsborough County, Florida. Westchase East CDD currently covers approximately 972 acres of land located entirely within Hillsborough County, Florida. General location maps are contained as Exhibit 2 to the Petition. Pursuant to Section 190.046(3), F.S., the approval of a Merger Agreement and Petition by the Districts’ Board of Supervisors constitutes consent of the landowners within the Districts. Westchase CDD will be the surviving District and the development plan that exists today will remain the same.