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Agenda 12/11/2012 Item #16A2512/11/2012 Item 16.A.25. EXECUTIVE SUMMARY Recommendation to recognize the commitment of the prepayment of road impact fees in the Hammock Park Commerce Centre Developer Agreement (Agreement) recorded in O.R. Book 4202, Page 675 and to convert a temporary three year Certificate of Public Facility Adequacy (COA) into a COA in perpetuity. OBJECTIVE: To recognize that Wilton Land Company, LLC who purchased the Hammock Park Commerce Centre from Sembler Family Partnership 442, Ltd. (Developer) has paid sufficient funds to meet the current COA requirement needed to achieve a COA in perpetuity based upon modifications to the Consolidated Impact Fee Ordinance. CONSIDERATIONS: The Board of County Commissioners (BCC) approved a Developer Agreement on February 27, 2007 which is recorded in Official Records Book 4202, Page 675. The Agreement required the Developer to convey right -of -way for the extension of Rattlesnake Hammock Road and to pre -pay impact fees to the County. The Developer was issued a three year temporary COA after receipt of the initial payment equal to one half the road impact fees due for 160,000 square feet of retail space within thirty (30) days of the expiration of the appeal period for the approval of the Hammock Park Commerce Centre Commercial Planned Unit Development. The Developer made a payment of $1,010,640 for road impact fees pursuant to the Agreement. The COA expired on May 25, 2010. By Ordinance 2010 -38 adopted September 28, 2010 and by Ordinance 2011 -05 adopted February 22, 2011, road impact fees for the land uses authorized in the Hammock Park Commerce Centre were reduced by approximately 40% versus the rates in effect at the time the 2007 Developer Agreement was executed. On June 14, 2011, the BCC adopted Ordinance No. 2011 -20, which amended the Consolidated Impact Fee Ordinance to provide that a COA in perpetuity will be issued upon the payment of thirty-three percent of the estimated road impact fees. The Developers advanced payments of road impact fees in the amount of $1,010,640.00 surpasses thirty three percent of the estimated Hammock Park Commerce Centre road impact fees based on current rates (Estimated at $518,293.78). Final calculation of the remaining road and other impact fees due will be based on the impact fee schedule in effect at the time of the issuance of building permits for the 160,000 square feet of retail space. Issuance of a COA in perpetuity will not relieve the Developer from its respective obligation to pay any additional road impact fees that may be due at building permit. Due to these changes to the Consolidated Impact Fee Ordinance the Developer has requested that the County recognize the payment of road impact fees, issue a COA in perpetuity and acknowledge that no further payments are due at this time. Staff agrees with the request and recommends approval as requested due to the fact that the right -of -way conveyance was completed and recorded in O.R. Book 4336, Page 3681 and the roadway adjacent to Hammock Park Commerce Centre is operating at an acceptable level of service. Packet Page -2448- 12/11/2012 Item 16.A.25. FISCAL IMPACT: Due to the reduction in impact fee rates, the applicant has paid approximately 64% of the current impact fees applicable to this development. Road impact fees previously collected through the Agreement amount to $1,010,640.00 and the estimated remaining balance due using the current estimated transportation impact fees is $559,947.20. 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, with staff s approach having been recommended by the County Attorney. This approach is consistent with the Board's action on April 10, 2012, regarding the City Gate Developer Agreement (back- up attached). Because impact fees have fallen subsequent to the execution of the Agreement, the Developer's commitment to prepay estimated transportation impact fees has been fulfilled. Accordingly, this item is legally sufficient, requiring majority vote for approval. -JAK RECOMMENDATION: That the Board of County Commissioners recognize that the Developer has paid 64% of the current road impact fees due at this time and directs the County Manager or his designee to issue a COA in perpetuity. Prepared By: Nick Casalanguida, Administrator, Growth Management Division Attachments: 1) Original DCA; 2) Site Map; and 3) City Gate Executive Summary and Recap Packet Page -2449- COLLIER COUNTY Board of County Commissioners Item Number: 16.A.25. 12/11/2012 Item 16.A.25. Item Summary: Recommendation to recognize the commitment of the prepayment of road impact fees in the Hammock Park Commerce Centre Developer Agreement (Agreement) recorded in O.R. Book 4202, Page 675 and to convert a temporary three year Certificate of Public Facility Adequacy (COA) into a COA in perpetuity. Meeting Date: 12/11/2012 Prepared By Name: BeardLaurie Title: Planner,Transportation Planning 11/9/2012 8:32:13 AM Submitted by Title: Deputy Administrator - GMD,Business Management & B Name: CasalanguidaNick 11/9/2012 8:32:15 AM Approved By Name: PuigJudy Title: Operations Analyst, GMD P &R Date: 11/9/2012 11:18:56 AM Name: JarviReed Title: Transportation Planning Manager, GMD Date: 11/14/2012 3:45:00 PM Name: PattersonAmy Title: Manager - Impact Fees & EDC,Business Management & Date: 11/16/2012 4:26:51 PM Name: LynchDiane Title: Administrative Assistant Date: 11/26/2012 11:07:14 AM Packet Page -2450- Name: KlatzkowJeff Title: County Attorney Date: 11/26/2012 4:08:05 PM Name: FinnEd Title: Senior Budget Analyst, OMB Date: 11/27/2012 6:10:55 PM Name: OchsLeo Title: County Manager Date: 12/1/2012 1:43:45 PM Packet Page -2451- 12/11/2012 Item 16.A.25. 12/11/2012 Item 16.A.25. DEVELOPER AGREEMENT HAMMOCK PARK COMMERCE CENTRE THIS DEVELOPER AGREEMENT (hereinafter referred to as the "Agreement ") is made and entered into this aDl! -of F , 2007, by and between SEMBLER FAMILY PARTNERSHIP #42, LTD., hereinafter re ed to as "Developer," whose address is 5858 Central Avenue, St. Petersburg, Florida 33707, and COLLIER COUNTY, FLORIDA, a political ° subdivision of the State of Florida (hereinafter referred to as "County "). All capitalized terms not defined herein shall have the same meaning as set forth in the Collier County Consolidated Impact Fee Ordinance, Ordinance No. 2001 -13, as amended. r 0 RECITALS: WHEREAS, Developer has legal control over or is the owner of approximately 20.23 o a acres of land in unincorporated Collier County, Florida, zoned as the Hammock Park Commerce Centre Commercial Planned Unit Development (Development) on which Developer will e o construct and receive Certificates of Occ wo (2) phases, of approximately Forty -Five o %X:0 Thousand (45,000) square feet of r i o proval of an amendment to the PUD = N ( "Phase 1 ") and an additional O ed and iF [e and (115,000) square feet of retail ° !9 cr% space on or after substantial c on of the six (6) -lane ' pr vement of that portion of Collier Blvd. which is adjacent to t e 2 "). p depicting the Development, " o together with the legal desc pti , is atta a Exhi it A; a C ° .rte WHEREAS, there is nt e i p i tin f r Amendment of the PUD m too c identified as AR- 10030, n was i y the County to be filed by CIS C3 Resolution No. 06 -143; and [ ' ° 'b `1 r r�7 'ti✓ n ..r WHEREAS, Develop llin to conve o without an " o 0 P g y y impact fee credits, a m approximately two acres of Ian icted and gene cribed in Exhibit B (the "Subject cys� Parcel ") for road right -of -way to a qn ^ s part of the proposed extension of r Rattlesnake Hammock Road. The fin figuration of the Subject Parcel shall be determined upon completion of the final Phase 1 design; and WHEREAS, County desires to advance the widening of Davis Boulevard and Collier y Boulevard north of its intersection with Davis Boulevard, but has a funding shortfall and Developer desires to assist the County in funding the referenced road improvements by pre- ti paying fifty percent (50 %) of its transportation impact fees for all 160,000 square feet of retail o e and/or office uses authorized for the Development, which County will utilize for the Davis and Collier Boulevard improvements; and WHEREAS, this Agreement is structured to insure that adequate public facilities are available to serve the Development concurrent with when the impacts of the Development occur on the public facilities; and WHEREAS, the parties have agreed to certain terms and conditions set forth below; and Packet Page -2452- OR: 4202 PG: C 12/11/2012 Item 16.A.25. WHEREAS, after reasoned consideration by the Board of County Commissioners, the Board finds that the terms and conditions set forth below are in conformity with contemplated improvements and additions to the County's transportation network, and are consistent with both the public interest and with the County's comprehensive plan, and other regulations pertaining to Development; and WHEREAS, the Transportation Administrator has recommended to the Board of County Commissioners that the conveyance set forth in this Agreement (hereinafter referred to as the "Proposed Plan ") is in conformity with contemplated improvements and additions to the County's transportation network; and WHEREAS, after reasoned consideration by the Board of Commissioners, the Board finds and reaffirms that: a. The subject Proposed Plan is in conformity with the contemplated improvements and additions to the County's transportation system; b. Such Proposed Plan, viewed in conjunction with other existing or proposed plans, including those from other dgydopers, will not adversely impact the cash flow or liquidity of the Cou trust accounts in such a way as to frustrate or inter f er p going growth- necessitated capital improvements r tions to the Count portation system; C. The Propose P1 con ' bot the public interest and with the comprehensi a lan, inc " the ost re ent y adopted five -year capital improvemel pr r r o a s ati n system, and complies with the require ent of the o Ii u s id ted Impact Fee Ordinance; and d. Developer i ai the wo san N undred Dollars ($2,500.00) application fe this Agreement. >0 NOW, THEREFORE, in consi `i-" e en Dollars ($10.00) and other good and valuable consideration exchanged amongst the parties, and in consideration of the covenants contained herein, the parties agree as follows: 1. All of the above RECITALS are true and correct and are hereby expressly incorporated herein by reference as if set forth fully below. 2. Developer shall convey marketable title to the Subject Parcel to the County in fee simple, made by executed Warranty Deed, suitable for recording, the general form of which is attached hereto as Exhibit "C ", free and clear of all liens and encumbrances, exceptions, or qualifications, excluding those applicable to subsurface mineral rights and/or natural gas deposits, existing FP &L and County easements, and any other existing easements for utilities and drainage. The County agrees to condemn the easements described in Items 7 and 11 on Exhibit A, CPUD Master Plan, if necessary, to obtain termination of such easements. Marketable title shall be determined according to applicable title standards adopted by the Florida Bar and in accordance with Florida law. The Subject Parcel will be conveyed no later than the earlier of (I) first approval of the Phase 1 Certificate of Occupancy with respect to this Development, or (2) 365 days after the approval of the Agreement, with the executed Warranty Page 2 of 7 Packet Page -2453- OR: 4202 PG: 0 12/11/2012 Item 16.A.25. Deed provided to the Office of the County Attorney. County will pay the costs of any title work and searches, and Developer shall be responsible for all costs for promptly removing or curing any liens, encumbrances or deficiencies revealed in any title work. Upon receipt, the County shall record the Warranty Deed in the Public Records of the County. Except as set forth herein, all costs of recording and conveyance shall be paid by the Developer. With respect to this provision, time is of the essence. It is acknowledged that Developer's failure to promptly convey the parcel to County, as set forth herein shall result in actual damages to County. In that actual damages are difficult to ascertain with substantial certainty, the parties agree that Developer shall pay to County as liquidated damages the sum of $1,000 per day for each day past the deadline that the Warranty Deed is not delivered to County. Such liquidated damages will be paid in place of County's claims for actual damages. All provisions of this Agreement shall survive closing and be enforceable by the County and Developer and their successors and assigns. 3. The parties acknowledge that the conveyance of the Subject Parcel is characterized as property rights acquired by a highway or road agency for the improvement of a road within the boundaries of a public right -of -way. 4. If requested by the Co o, - hee Developer shall provide to the County Attorney, at no cost to the Couo, identifying the record owner, his authority to enter into this Agre d identify any ers having a lien or encumbrance on the Subject Parcel. Said o mi ' shall s ecifically des b each of the recorded instruments under which the record ov/ner o titl , 1 n or cu brance, and cite appropriate recording information and ico oe„byere cm,�v o I su, h referenced instruments. 5. Within 30 ay after thI x` i a ` 1 ppial periods for Developer's Amended CPUD Ordinanc � o ape I , De el a [961 prepay to County one -half (1/2) of the County's estim io oad Impact Fees r the ev lent. Upon payment of these fees, Developer shall receiv " ertificate of Ade b hcilities ( "Certificate ") vesting the Developer's Project to c t 160,000 square t }ail space, as more particularly described in the PUD Documen for the purpos eting the County's Transportation Concurrency requirements. Fin c_ uaing road and other impact fees due will be based on the impact fee schedu f lte time of the issuance of building permits for the 160,000 square feet of retail space. Payment of these fees vests the development entitlements for which the Certificate applies on a continuous basis for three years unless otherwise relinquished. This initial 50 percent impact fee payment is non - refundable after payment and receipt of the Certificate. Developer will receive Certificates of Occupancy in two (2) phases, of approximately Forty -five Thousand (45,000) square feet of retail space on or after approval of an amendment to the PUD ( "Phase I"), and an additional One Hundred Fifteen Thousand (115,000) square feet of retail space upon the substantial completion of the six (6) -lane improvement of that portion of Collier Blvd. which is adjacent to the Development ( "Phase 2 "). 6. Not later than 90 days prior to the expiration of the three -year period for the Certificate, and following the completion of the Project to County standards, the County shall notify Developer via registered mail of the remaining balance due for the estimated transportation impact fees up to Fifty Percent (50 %), based on the level of building permits already issued. The balance of the impact fees due will be calculated at the rate schedule then currently applicable. The Developer may elect to pay the balance of the estimated transportation impact fees for the entitlements for which the Certificate applies or modify the Certificate to a Page 3 of 7 Packet Page -2454- OR: 4202 PG. O'12/11/2012 -Item 16.A.25. lesser entitlement and calculate the balance of the transportation impact fees on the revised entitlements. The Certificate shall be modified to include only the entitlements for which the estimated transportation impact fees are paid. Once the balance of the estimated transportation impact fees is paid, those estimated fees are non - refundable. The Certificate runs continuously with the land in perpetuity after all estimated transportation impact fees have been paid. As building permits are drawn down on the entitlements, the estimated transportation impact fees already paid shall be debited at the rate of the impact fees in effect at the time of utilization. It shall be Developer's or a subsequent record titleholder's (of all or a portion of the Property; i.e. lot/tract purchaser) obligation to notify the County that a credit is available, each time a building permit is applied for. If the estimated transportation impact fee account becomes depleted, the Developer shall pay the currently applicable transportation impact fee for each building permit in full prior to its issuance. In the event that upon build -out of the Development estimated transportation impact fees are still unspent, the remaining balance of such estimated fees may be transferred to another approved project within the same, or adjacent transportation impact fee district, provided any vested entitlements associated with the unspent and transferred transportation impact fees are relinquished and the Certificate is modified to delete those entitlements. 7. This Agreement agreement under the Florida Lo( 8. The burdens Agreement shall inure to, a] written notice to the Count, utilizing the County's the property within the Hamm owners of all of part of t otherwise provided for in th u or characterized as a development Deve greement Act. shall be bt din upon, and the benefits of this ,r-"e part s t this Agreement. Upon giving rtreof he Road Impact Fee Credits, t, a wners of other commercial ec n �3 t Development, to successor s. wners of out parcels, or as ier County Consol 9. Developer ack es that the failt condition, term or restriction Ish 1 lieve either assigns, of the necessity of comply J= permitting requirements, conditions, to Ordinance. greement to address any permit, :ant or owner, or its successors or , rule or regulation governing said 10. In the event state or federal laws are enacted after the execution of this Agreement, which are applicable to and preclude in whole or in part the parties' compliance with the terms of this Agreement, then in such event this Agreement shall be modified or revoked as is necessary to comply with such laws, in a manner which best reflects the intent of this Agreement. 11. Except as otherwise provided herein, this Agreement shall only be amended by mutual written consent of the parties hereto or by their successors in interest. All notices and other communications required or permitted hereunder shall be in writing and shall be sent by Certified Mail, return receipt requested, or by a nationally recognized overnight delivery service, and addressed as follows: Page 4 of 7 Packet Page -2455- To County: Harmon Turner Building Naples, Florida 34112 Attn: Norman E. Feder, A.I.C.P. Transportation Division Administrator Phone: (239) 774 -8872 Facsimile: (239) 774 -9370 OR; 4202 PG; 0� 12/11/2012 Item 16.A.25. To SEMBLER FAMILY PARTNERSHIP #42, LTD: 5858 Central Avenue St. Petersburg, FL 33707 -1728 Attn: Craig Sher Phone: (727) 384 -6000 Facsimile: (727) 347 -0247 Notice shall be deemed to have been given on the next successive business day to the date of the courier waybill if sent by nationally recognized overnight delivery service. 12. Developer shall execute this Agreement prior to it being submitted for approval by the Board of County Commissioners. This Agreement shall be recorded by the County in the Official Records of Collier County, Florida, within fourteen (14) days after the County enters into this Agreement. Developer shall pay all costs of recording this Agreement. The County shall provide a copy of the recorded document to the Developer upon request. 13. In the event of a di ment, the parties shall first use the County's then - current Altemativ t esolutto I ure. Following the conclusion of this procedure, either party ma action for injunctt re i f in the Circuit Court of Collier County to enforce the terms f t 's sai erred bei g cumulative with any and all other remedies available to tie parties o eo cr ent of t is Agreement. 14. Any future ` im r e the County of Road Impact ee o development, as defined by y to the credit has been comp r Such years from the completion of velo, i hhll dome from future receipts by irs nt � al) be paid until such time as all s the location that was subject t s all `? ade over a period of five (5) r 15. An annual revie ` da , audit of perf under this Agreement shall be performed by the County to dete e rt e has been demonstrated good faith compliance with the terms of this Agre a ort the credit applied toward payment of road impact fees and the balance of available unused credit. If the Collier County Board of Commissioners finds, on the basis of substantial competent evidence, that there has been a failure to comply with the terms of this Agreement, the Agreement may be revoked or unilaterally modified by the County. 16. This Agreement is contingent on and shall not become effective until final approval of PUD Amendment, Petition No. AR -10030 and the expiration of all applicable appeal periods to challenge the zoning approval with no appeal having been filed. If an appeal is filed by a third party, then on written notice, either party may terminate this Agreement. During this contingency period and for 30 days thereafter, County shall reserve for the Development sufficient capacity on the County's transportation network for 160,000 square feet of retail commercial uses. REMAINDER OF PAGE INTENTIONALLY LEFT BLANK SIGNATURE PAGE TO FOLLOW Page 5 of 7 Packet Page -2456- OR: 4202 PG: 01 12/11/2012 Item 16.A.25. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their appropriate officials, as of the date first above written. Attest: DWIGHT E. BROCK, Clerk By: ( • LK� -fif bb yjClerk t�p11�tIR'! OA1 � AS TO DEVELOPER: Signed, sealed and delivered in the presence of: Signature rG� IC✓ //� PrinW Name 1 7 Signs ure r cs,re Printed Name BOARD OF COUNTY COMMISSIONERS COLLIER COUNTY, FLORIDA SEMBLE FAM Y PARTNERSHIP #42, LTD. By: Se4lqV Re it II, Inc., G peral Partner i STATE OF TCOUNTY OF The foregoing i strument was ackno is �_ day of , 2007, by cr , as of SEMBLER RETAIq u, Inc., General Pa ner of SEMBLER FAMILY PARTNERSHIP #42, LTD., who is personally known UL= or has produced as identification. A-" jA W0--- • Sharon M. Vizandiou = Commission # DD473101 Notary Public / Expires October 21, 2009 Print Nam r04 Al • 1// L Q 441/f ID ta`, eeesM Soto O1myFwn- umcance.ine.!00-0!5-7019 1 My Commission Expires: 10/240? An o e Jo form J atzkow ;sistant County Attorney Page 6 of 7 Packet Page -2457- Item # I (pez-91L Agenda Date Raced a -A-01 OR; 4202 PG. 0 1p12/11/2012 Item 16.A.25. LIST OF EXHIBITS ATTACHED TO AGREEMENT Exhibit A Legal description and graphic rendering of the Development Exhibit B Description and Depiction of Subject Parcel Exhibit C Form of Warranty Deed Page 7 of 7 Packet Page -2458- OR. 4202 PG. 0... 'q '01 n 12/11/2012 Item 16.A.25. EXHIBIT "A" LEGAL DESCRIPTION A parcel of land located in the southwest 1/4 of Section 14, Township 50 South, Range 26 East, Collier County, Florida, being more particularly described as follows: O.R. 1573, Page 355 The North one -half (N1 /2) of the South one -half (S1 /2) of the Southwest one - quarter (SW1 /4) of the Southwest one - quarter (SW1 /4) less the West 100 feet of roadway for County Road 951; Section 14, Township 50 South, Range 26 East, Collier County, Florida and th_e3Y4sLS.Q foot parcel of the South one -half (S1/2) of the Southeast one ae Southwest one - quarter (SWI /4); Section 14, Township ange ,Mier County, Florida. O.R. 1708, Page The South 1/2 bf f 1/4 f the Southwest 1/4 of Section 14, To s p 0 u e t, of ier ounty, Florida, less the west 100 feet t o f r Y. Containing 20.2 s, more or less. Packet Page -2459- I I A i I ji 11A 1 vl v 1 � J � v I s m lei - yi s . rn t i in rx.� :1 VNI 3J OR: 4242 PG; 12/11/2012 Item 16.A.25. Cou" sourw M (CR 951) - ..ter ¢ik ..a c [K, so, I III?)!. ' I { o ry g cn F I i m I Ii f� �l - - -Y --- - - -I - - - - - -- p1 ��III �- 11 5 1. IN Ix -.11 if 7 9 R &a i s �t � � i • � �� xE pia 1�1 it z 1 . $ $ .yi d � dT#!SgsF1 d� zd6 s R t! !. Ea E • t o a x i ER ER x x t s a 4 E AE�x$ � i ii 6. ■�! i @@" $sE a a • 3 R Q' ;. a a 5E �aE all _! � E a Al Al a a. j lit a IN Z � R � E E a • Aa�� °� �� a� bx x � �� �� �P �ijE �!�$a x' Packet Page -2460- 10 I I � r� kk6GG6 BMa•" I� ° i a$tl Intel I 4 � i f all . i E o Qs ►3 . EE ° R x° xt�ax ■ s ,- rx Ix M 2 9 ,fit 4i=1 OR; 4202 PG; 0 12/11/2012 Item 16.A.25. � o _ -_-�— -___ - - -- — I i t s enrp• r I it I II 1 — I II I I II Packet Page -2461- 1 I t t I i t 1 1 s I 6= 1 s 1� I 1 i f 1 1 ---- - - - - -- t - - - - -� R Lall s �! - lNSN�N .a o� PROJECT NAME: PARCEL NO(S): PARENT TRACT FOLIO NO. 4 J n^ EXHIB i� 4202 PG; Q��1?/11 /2012 Item 16.x.25. WARRANTY DEED THIS WARRANTY DEED made this day of , 20_, by, (hereinafter referred to as "Grantor"), whose post office box is [ADDRESS] to COLLIER COUNTY, a political subdivision of the State of Florida, its successors and assigns, whose post office address is 3301 Tamiami Trail East, Naples, Florida, 34112 (hereinafter referred to as "Grantee "). (Wherever used herein the terms "Grantor" and "Grantee" include all the parties to this instrument and their respective heirs, legal representatives, successors and assigns.) WITNESSETH: That the Grantor, for and in consideration of the sum of Ten Dollars ($10.00) and other valuable consideration, receipt whereof is hereby acknowledged, hereby grants, bargains, sells, aliens, remises, releases, conveys and confirms unto the Grantee, all that certain land situate in Collier County, Florida, to wit: See Attached Subject to This i TOGETHER with all Pe or in anywise appertaining. (- TO HAVE AND TO restrictions, and same in fee AND the Grantor herebyN v ` nts with said said land in fee simple; that thelo s ood said land; that the Grantor hereby f 4 IP against the lawful claims of all perso encumbrances except as noted above. d herein by reference. ry ions of record. of rtenances thereto belonging `!f,Xt the Grantor is lawfully seized of 9-lawful authority to sell and convey said land and will defend the same and that said land is free of all IN WITNESS WHEREOF, the said Grantor has signed and sealed these presents the day and year first above written. WITNESSES: (Signature) (Print Full Name) (Signature) (Print Full Name) a Packet Page -2462- [GRANTOR NAME] 'ham OR: 4202 PG: 0( 12/11/2012 i II tem 16.A.25. STATE OF FLORIDA COUNTY OF COLLIER The foregoing instrument was acknowledged before me this day of 20_, by [GRANTOR], who: is personally known to me OR has produced as proof of identity. (affix notarial seal) (Signature of Notary Public) (Print Name of Notary Public) NOTARY PUBLIC Serial / Commission # (if any): emission Expires: K U0 Cif KE CtRC WARRANTY DEED Packet Page -2463- ^ii ; '�, .. � ,, w =. m, 5- � , ,d✓ N .r e .L, -� f .. � M , i.. s... +>: .a vh _ �w _.. rx. ... �� � _ , .. ..� _; .r °+ �= �. i � .� �. - ��:. 9 12/11/2012 Item 16.A.25. 4/1=012 Item 16.A.8. I Rec- mmeadatioa to reooglriae Nye commkmmt of the prepayment of read impact fen b the City Cate Developer Agreement (Agreement) recorded in O.R. Book 4517, Page 649 and to eonrert a temporary five year Cerd5cabe of Public Facility Adequacy (COA) into a COA b neraetnity 2AM COA • To recognize that City Gate (Developer) has paid sufficient funds to meet the regniroment needed to achieve a COA in perpetuity based upon modifications to the Consolidated Impact Fee Ordinance. 0 • The BCC approved a Developer Agreement on December 1, 2009 which is recorded in Official Records Book 4517, Page 640. This Agraanerrt defined transpo'" ioa commitments, enlmm access and proaezvee the Wilmn/13en6eld transportation cmdor consistent with the County's Long Range Transportation Plan. The Amt also identified a specific dollar commitment based on values fbm a fee schedule adopted at that time and established payments into five equal annual iastaihnents. The Developer was issued a five Year temporary COA after receipt of the initial payment with an expiration date of January 15, 2015. By Ordinance 2010 -38 adopted September 28, 2010 and by Ordinance 2011 -05 adopted February 22, 2011, Road Impact Fees for the land uses authorized in the Phase Two Plat were reduced by approximately 40% versus the rates in effect at the time the 2009 Developer Agreemart was exemted. On June 14, 201I, the Boars! adopted Ordinance No. 2011 -20, which amended the Consolidated Impact Fee Ordinance to provide that a COA in perpetuity will be issued upon the payment of thirty -three percent of the estimated road impact fees. The Developers advanced payments of road impact fees in the amount of $3,520,92I.56 suupasses one hundred percent of the estimated Phase Two road impact fees based on current rates (Estimated at $3,283,130.44). The roadway adjacent to City Crate development (CR -951 at I -75) is under construction aW is fully funded The specific payment schedule identified in the current agreement was contemplated.in order to provide surety for the expansion of CR -951 at I- 75. Issuance of a COA in perpetuity will not relieve the Developer from its respective obligation to Pay any additional mad impact fees that may be due at building permit. Due to these changes to the Consolidated Impact Fee Ordinance the Developer has requested that the County recognize the full payment of road impact fees, issue a COA in perpetuity and aclmowledge that no further payments are due at this time. Staff agrees with the request and recommends approval as requested due to the fact that the roadway project adjacent to City Cate contemplated to be funded by the Agreement is fully funded and under construction and they are in compliance with our current fee schedule. FISCAL DRACT: Approval will eliminate two additional payments equaling $2,347,281.04. Due to the reduction in impact fee rates, the applicant has paid 100% of the cxtaent impact fees Packet Page -776 - Packet Page -2465- —�— 12/11/2012 Item 16.A.25. 4/1012012 Item 16.A.8. applicable to des development Road impact fats previouualy colloc W through the Agreement amount to $3,520,921.56 and the elimination of fuhme Payments will not impact project #60092 (CR -9S1 at 1-75). There is no Growth Management Impact associated with this Executive Summary. LWj AL CON RRATIONS: This item has been reviewed by the County Attorney, with staffs approach having been recommended by the County Attoroey. Because impact fees have Man subsequent to the execution of the DCA, the Developer's commitment to prepay esbm&*d Umuportation impact fees has been ful UM& Accordingly, this item is lapUy sufficient, M062 majority vote for approval, JAK 7bat the Bond of County Commissioners recognize that the Developer has paid 100% of the current road impact fees due at this time, directs the County Manager or designee to issue a COA in papetuuity and suspend the requirement for three additional payments as defined in the current Agreement Prepared By: Nick CasalwWida, Administrator, Growth Management Division Attacbmatts: 1) Original DCA; 2) Site Map :VW*, Packet Page -777- Packet Page -2466- 12/11/2012 Item 16.A.25. COLLIER COUNTY Board of County Commissioners Community Redevelopment Agency Board (CRAB) Airport Authority AGENDA Board of County Commission Chambers Collier County Government Center 3299 Tamiami Trail East, 3rd Floor Naples FL 34112 April 10, 2012 9:00 AM Fred W. Coyle - BCC Chairman; Commissioner, District 4 Jim Colette - BCC Vice- Chairman; Commissioner, District 5; CRAB Vice -Chair Donna Fiala - BCC Commissioner, District 1; CRAB Chairman Georgia Hiller - BCC Commissioner, District 2 Tom Henning - BCC Commissioner, District 3 NOTICE: ALL PERSONS WISHING TO SPEAK ON AGENDA ITEMS MUST REGISTER PRIOR TO SPEAKING. SPEAKERS MUST REGISTER WITH TBE EXECUTIVE MANAGER TO THE BCC PRIOR TO PRESENTATION OF THE AGENDA ITEM TO BE ADDRESSED. ALL REGISTERED SPEAKERS WILL RECEIVE UP TO THREE (3) MINUTES UNLESS THE TIME IS ADJUSTED BY THE CHAIRMAN. COLLIER COUNTY ORDINANCE NO. 2003-53 AS AMENDED BY ORDINANCE 2004-05 AND 2007 -249 REQUIRES THAT ALL LOBBYISTS SHALL, BEFORE ENGAGING IN ANY LOBBYING ACTIVITIES (INCLUDING BUT NOT LIMITED TO, ADDRESSING THE BOARD OF COUNTY COMMISSIONERS), REGISTER WITH THE CLERK TO THE BOARD AT THE BOARD MINUTES AND RECORDS DEPARTMENT. April 10, 2012 Page 1 Packet Page -2467- 12/11/2012 Item 16.A.25. Developer most receive a Certificate of Adequate Public Facilities prior to the imunce of the final Site Development Plan approval Moved to Item *11L (Per Commissioner Hiller during Agenda Changes) 7) This item requires that ex parse disclosure be provided by Commission members. Should a hearing be, held on this item, all participants are required to be sworn in. Recommendation to approve an extension for completion of subdivision improvements associated with the Esperanrs Place subdivision pursuant to Section 10.02.05 B.11 of the Collier County Land Development Code. !: 8) Recommendation to recognize the commitment of the prepayment of road impact fees in the City Gate Developer Agreement (Agreement) recorded in O.R- Book 4517, Page 640 and to convert a temporary five year Certificate of Public Facility Adequacy (COA) into a COA in perpetuity. 9) Recommendation to grant final approval of the roadway (private) and drainage improvements for the final plat of Fiddler's Creels Phase 3, Unit Four with the roadway and drainage improvements being privately maintained and authorizing the release of the maintenance security and acceptance of the plat dedications. Resolution 2012 -58 10) Recommendation to grant final approval of the roadway (private) and drainage improvements for the final plat of Sterling Oaks — Phase 2A with the roadway and drainage improvements being privately maintained and authorizing the release of the maintenance security and acceptance of the plat dedications. Resolution 2012 -59 11) Recommendation to approve the award of Contract # 11 -5724 to Hole Montes, Inc. for Construction Engineering Inspection, Landscape Inspection and Site Restoration Services for the "Vanderbilt Beach MSTU: FPL Underground Conversion Project - Phase 1, 2, 3" pursuant to RFP # 11 -5724, in the estimated amount of S1 65,544. Providing hurricane protection and aesthetic improvements through the burial of the existing overhead power lines April 10, 2012 l Page 11 . Packet Page -2468-