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Agenda 05/28/2013 Item #16F2 5/28/2013 16.F.2. EXECUTIVE SUMMARY Recommendation to approve a refund of an Affordable Housing Contribution to Regal Point Developers Inc. totaling $56,000, due to the removal of an Affordable Housing Contribution commitment from the Pine Ridge Mixed Use Planned Unit Development. OBJECTIVE: That the Board of County Commissioners (Board) approve the refund of an Affordable Housing Contribution to Regal Point Developers Inc. totaling $56,000, due to the removal of an Affordable Housing Contribution commitment from the Pine Ridge Mixed Use Planned Unit Development (PUD). CONSIDERATIONS: A change to the Land Development Code was approved on September 25, 2012, which created a process to make minor text changes to PUDs, Development Agreements and Settlement Agreements to remove the Affordable Housing Contribution commitments. Pursuant to LDC Sec. 10.02.13.E.3.c,the process is as follows: "Affordable housing commitments. Beginning October 3, 2012, the County Manager or designee shall be authorized to make minor text changes to remove affordable housing commitments to pay an affordable housing contribution in PUDs, Development Agreements, and Settlement Agreements if the following conditions are met: i. The applicant notices property owners in writing in accordance with sections 10.03.05 B.10 or 10.03.05 B.11 as may be applicable. ii. If no written objection is received, the request to remove commitments is deemed approved. iii. If a property owner who receives notice submits a written objection within 30 days of the mailing of the notice, the matter shall be scheduled for public hearing before the Board of County Commissioners. Public notice shall comply with subsection 10.03.05 B.13 of the LDC." Subsequently, on March 12, 2013 (Item 16F4) the Board directed the County Manager, or his designee, to proceed with an outlined plan to refund previously paid Affordable Housing Contributions upon the approval of minor changes to PUDs to remove the Affordable Housing Contribution commitments, and approve any budget amendments that may be required to facilitate this action. The outlined plan is as follows: 1. The applicant has first removed the commitment as set forth above. 2. If the applicant is the sole entity entitled to the refund, staff shall prepare an Executive Summary seeking Board approval to issue the refund. 3. If multiple entities are entitled to the refund, staff will request the applicant provide staff with a proposed allocation, signed off by each claimant. The County has maintained detailed records of these transactions and will be available to assist the applicant with this request. Provided all claimants are in agreement with the proposed refund allocation, staff shall prepare an Executive Summary seeking Board approval to issue the refund. Packet Page-2377- 5/28/2013 16.F.2. 4. In the event of a dispute, or circumstances that do not allow the above process to be followed (the original payer no longer exists, there are foreclosure or bankruptcy issues, etc.), staff will bring such matters to the Board for individual review. Staff has completed a preliminary review related to the parties having made payment and have identified no issues at this time. An Affordable Housing Contribution in the amount of$56,000 was paid for the above referenced PUD on April 28, 2006. The applicant has met the requirements of LDC Sec. 10.02.13.E.3.c and the commitment was removed on April 24, 2013. There is no dispute that Regal Point Developers Inc. is the sole entity entitled to the refund. FISCAL IMPACT: The amount of $604,581 has been collected to date, with any further collections having been suspended by the Board. The funds are contained in Fund 105 and have not been expended. Therefore, adequate funding exists to facilitate a full refund to the eligible party. GROWTH MANAGEMENT IMPACT: There is no growth management impact associated with this Executive Summary LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, is approved as to form and legality, and requires majority vote for approval. -JAK RECOMMENDATION: Recommendation that the Board of County Commissioners approves a refund of an Affordable Housing Contribution, totaling $56,000, to Regal Point Developers Inc. due to removal of an Affordable Housing Contribution commitment from the Pine Ridge Mixed Use Planned Unit Development, and approves any budget amendments that may be required. Prepared by: Amy Patterson, Impact Fee Manager Office of Management and Budget Attachments: 1. Refund request and back-up 2. Contribution List Packet Page-2378- 5/28/2013 16.F.2. COLLIER COUNTY Board of County Commissioners Item Number: 16.16.F.16.F.2. Item Summary: Recommendation to approve a refund of an Affordable Housing Contribution to Regal Point Developers Inc. totaling$56,000, due to the removal of an Affordable Housing Contribution commitment from the Pine Ridge Mixed Use Planned Use Development. Meeting Date: 5/28/2013 Prepared By Name: PattersonAmy Title: Manager-Impact Fees&EDC,Business Management& 5/16/2013 12:33:34 PM Approved By gook Name: KlatzkowJeff Title: County Attorney Date: 5/16/2013 2:43:59 PM Name: StanleyTherese Title: Management/Budget Analyst, Senior,Office of Manage Date: 5/16/2013 3:51:32 PM Name: IsacksonMark Title:Director-Corp Financial and Mgmt Svs,CMO Date: 5/20/2013 11:34:03 AM Packet Page -2379- 5/28/2013 16.F.2. PattersonAmy From: Michael Fernandez[mfernandez Qplanningdevelopmentinc.com] Sent: Monday, April 29,2013 11:43 AM To: PattersonAmy Subject: Affordable Housing Contribution Refund-for Pine Ridge Center Mixed Use PUD Attachments: Pine Ridge Center Mixed Use(MC) PUD Ownership.pdf Good morning Amy, As you area aware,Staff(Kay) has issued the Minor Change to the Pine Ridge Center Mixed Use PUD which is required to be eligible for the Affordable Housing Contribution Refund. Please advise us of the process and schedule for issuance of the refund of$56,000.00. And advise if you require any additional information from us of action by us. The project is entirely owned by Regal Point Developers LLC is the successor to Grand Inn of Naples LLC;the principals remain the same. See attached documentation and please do not hesitate to call me directly should you have any follow-up questions. Thanks in advance for your continued assistance in this matter. Regards, Michael Michael R. Fernandez, AICP RA Architect/ President I . PLANNING DEVELOPMENT INCORPORATED Development Consultants,Architects, Engineers, Planners and Landscape Architects 145 Central Avenue, Naples, Florida 34102 (239) 263.6934; (877) 263-0535 fax mfernandezPplanningdevelopmentinc.com State of Florida Corporate Certification of Authorization No's: Architecture AA26002158 Engineering CA No.8450 Landscape Architecture License No. LC0000378 1 Packet Page-2380- 5/28/2013 16.F.2. 1 Cr°it Cow.tY Growth Management Division Planning & Regulation Land Development Services April 24,2013 Mr.Michael Fernandez Planning Development,Inc. 145 Central Avenue Naples,FL 34102 RE: PUD Minor Change,Pine Ridge Center MPUD,PMC-PL2O130000621 Dear Mr.Fernandez: This letter is in response to your application accepted on April 23, 2013, requesting administrative approval to remove affordable housing commitments to pay an affordable housing contribution in a PUD for the Pine Ridge Center MPUD pursuant to Section 10.02.13.E.3.C.of the Land Development Code(LDC). It is the opinion of staff that the proposed removal is consistent with the Collier County Growth Management Plan and with the criteria contained in the LDC citation noted above allowing administrative approval to remove affordable housing commitments to pay an affordable housing contribution in a PUD. Therefore,the removal is hereby deemed approved. This administrative approval does not relieve the project from compliance with all applicable federal,state and local regulations and procedures. . ,. A copy of this letter will be filed with the adopted PUD documents, You may wish to have this letter recorded in the official records of Collier County as a permanent record .of this administrative approval. If you need further information or assistance,please cottact me at 239-252-2931 or via email at kaydeselem@colliergov.net Sincerely, 04e&v U /( . Kay Deselem,AICP Principal Planner,Zoning Services cc: Laurie Beard,PUD monitoring Amy Patterson,Manager-Impact Fees Bc EDC PUD file Land Developmart Ser ces•2800 North Horseshoe Drive s Naples.Florida 34104 239-252-2400+www.00lliergov.net Packet Page-2381- 5/28/2013 16.F.2. Collier County Property Appraiser Property Summary Parcel No. 61942120003 Site Adr. '1100 PINE RIDGE RD Name/Address REGAL POINT DEVELOPERS INC 1100 PINE RIDGE RD City i NAPLES State FL Zip 34108-8903 Map No Strap No. Section Township Range Acres *Acreage 4A15 506200 051.0024A15 15 49 25 4.01 Legal INICLF 15 49 25 THAT PART OF LOT 51 AS DESC IN OR 3389 PG 1011-1012 Millage Area 016 Millage Rates 0 *Calculations Sub./Condo ,506200 - NAPLES IMP CO LITTLE FARMS School Other Total Use Code 0 12 - MIXED USE(STORE AND RESIDENT) 5.576 6.0091 11.5851 Latest Sales History 2012 Certified Tax Roll (Not all Sales are listed due to Confidentiality) (Subject to Change) Date Book-Page Amount Land Value ' $1,397,016 - - - - ' 09/14/06 4105-1031 $1,600,000 (4-)Improved Value , $8,581,351 01/07/98 2377-3302 ; $2,000,000 ' r- ---- - - -------- (=) Market Value $9,97%367 09/02/97 2343-302 ' $2,300,000 (-)SOH*&other Exempt. $0 (=) Assessed Value $9,978,367 (-) Homestead&other Exempt. $0 (=)Taxable Value $9,978,367 (=)School Taxable Value $9,978,367 If all Values shown above equal 0 this parcel was created after the Final Tax Roll *SOH="Save Our Homes"exempt value due to cap on assessment increases. http://www.collierappraisencom/Main_Sea ' •nl?FolioID=61942120003 4/29/2013 Packet Page-2382- Detail by Entity Name 5/28/2013 16.F.2. 1�L O R I I).\ 1.)f:1'A ICI'NI I 0 1 S'1 ti'1'E Events Name History =-�� y Name Bea Return to Search Results Detail by Entity Name Florida Profit Corporation REGAL POINT DEVELOPERS, INC. Filing Information Document Number P97000069359 FEI/EIN Number 650776255 Date Filed 08/11/1997 State or Country FL Status ACTIVE Last Event AMENDMENT AND NAME CHANGE Event Date Filed 01/16/2009 Event Effective Date NONE Principal Address 1100 PINE RIDGE RD NAPLES, FL 34108 Changed: 04/23/2009 Mailing Address 1100 PINE RIDGE RD NAPLES, FL 34108 Changed: 04/23/2009 Registered Agent Name &Address KESSOUS, MICHAEL 1100 PINE RIDGE ROAD NAPLES, FL 34108 Name Changed: 04/22/2011 Address Changed: 04/22/2011 Officer/Director Detail Name &Address http://search.sunbiz.org/Inquiry/Corporatioi Packet Page-2383-ltDetail/EntityName/domp-... 4/29/2013 Detail by Entity Name 5/28/2013 16.F.2. itle P KESSOUS, MICHAEL 1100 PINE RIDGE RD NAPLES, FL 34108 itle VP KESSOUS, EYAL Y 1100 PINE RIDGE RD NAPLES, FL 34108 nnual Re•orts Report Year Filed Date 2010 04/21/2010 2011 04/22/2011 2012 04/23/2012 Document Ima•es 04/23/2012 --ANNUAL REPORT View image in PDF format 04/22/2011 --ANNUAL REPORT View image in PDF format 04/21/2010 --ANNUAL REPORT View image in PDF format 04/23/2009 --ANNUAL REPORT View image in PDF format 01/16/2009--Amendment and Name Change View image in PDF format 05/29/2008 --ANNUAL REPORT View image in PDF format 04/30/2007 --ANNUAL REPORT View image in PDF format 04/03/2006 --ANNUAL REPORT View image in PDF format 03/19/2005 --ANNUAL REPORT View image in PDF format 04/12/2004 --ANNUAL REPORT View image in PDF format 04/16/2003 --ANNUAL REPORT View image in PDF format 08/21/2002 --ANNUAL REPORT View image in PDF format 05/15/2001 --ANNUAL REPORT View image in PDF format 03/09/2000 --ANNUAL REPORT View image in PDF format 04/28/1999 --ANNUAL REPORT View image in PDF format 02/27/1998--ANNUAL REPORT View image in PDF format 10/02/1997 --AMENDMENT View image in PDF format 08/11/1997 -- Domestic Profit Articles View image in PDF format em. wvaTIOSSOMMIN,..-7.,10.u,4441(413¢74.7......MMIVEdWFF,P,14.1771.44,3 Events Name History Entity Name Return to Search Results http://search.sunbiz.org/Inquiry/Corporatio-"----'-"'---_Ln---1 ltDetail/EntityName/domp-... 4/29/2013 Packet Page-2384- 5/28/2013 16.F.2. 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