HomeMy WebLinkAbout2003 06 09 Regular F Due Diligence Request
060903 _Regular _ F _Due_Diligence_Request
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COMMISSION AGENDA
ITEM F
Consent
Informational
Public Hearing
Regular X
June 9, 2003
Meeting
Mgr. f1--:"
Authorization
Dept.
REQUEST: Commissioner Sally McGinnis requesting the Commission to discuss
implementation of the Due Diligence Period for the Affordable Housing Project with
Davis Heritage Properties G.P. Holdings, LLC.
PURPOSE: The purpose of this Agenda Item is for the Commission to discuss
alternative ways for carrying out the due diligence activities related to the Davis Heritage
Properties Affordable Housing Project.
CONSIDERA TIONS:
On May 27, 2003 the City Commission approved an agreement with Davis Heritage
Properties G.P. Holdings, LLC to construct an affordable housing project on State Road
434 adjacent to Golf Terrace Apartments contingent upon the results of a 30-day due
diligence period.
Commissioner McGinnis would like to involve local residents in the process and desires
to discuss with the Commission how this could be accomplished.
Staff would not have a problem in having a small contingent of local citizens involved in
the field trip to the various sites.
The Commission could consider appomtmg two or three merchants who would be
benefited by the additional retail business that would be generated from the residents of
the project, members of the Highlands Homeowners Association Board of Directors, and
two or three members of City Boards such as the Planning Commission and Board of
Adjustment who live in the area.
060903 _Regular _ F _Due_Diligence_Request
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FUNDING: No additional funding is required for this agenda item.
RECOMMENDATIONS:
Commissioner McGinnis is recommending the Commission to discuss alternatives for
involving local residents in the due diligence process related to the proposed Davis
Heritage Properties adjacent to Golf Terrace Apartments.
ATTACHMENTS:
May 27,2003 Regular Agenda Items B.I-B.2 without attachments.
COMMISSION ACTION:
052703 _Regular _ B 1_ Master _ Develoment_ Agreement_Davis _Heritage_Properties
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COMMISSION AGENDA
ITEM B.I
Consent
Informational
Public Hearing
Regular X
May 27, 2003
Meeting
Mgr. / Dept.
Authorization
REQUEST: Community Development Department requesting the City Commission to
approve a Master Development Agreement between the City and Davis Heritage Properties
G.P. Holdings, LLC.
PURPOSE: This agenda item is needed to memorialize the conditions under which the City is
willing to participate in two proposed developments in Winter Springs.
CONSIDERA TIONS:
On March 24 and March 31, 2003 the Commission discussed proposals of Davis Heritage to
possibly construct one affordable housing, and one market rate housing project in Winter
Springs. Each project will have separate development agreements which will be consistent with
the provisions of the Master Development Agreement.
FUNDING: Implementation of either project would result in a $100,000 donation to the City.
RECOMMENDATIONS:
It is recommended that the Commission approve the Master Development Agreement with Davis
Heritage G.P. Holdings, LLC
ATTACHMENTS: Master Development Agreement
COMMISSION ACTION:
May 27,2003
Regular Item B
Page lof2
COMMISSION AGENDA
May 27,2003
Meeting
Consent
Information
Public Hearing
Regular X
ITEM B.2
MGR.
/Dept.
REQUEST:
Community Development Department requesting Commission approve a development agreement for a
multi-family development on an approximately l5-acre tract located on the north side ofSR 434,
between the Winter Springs Golf Club and the Golf Terrace Apartments.
PURPOSE:
The purpose of this Agenda Item is to request that the Commission approve a development agreement
addressing issues and concerns pertinent to developing approximately I5-acres of treed uplands and
wetlands, located on the north side of SR 434, into as many as 120 affordable housing apartments.
APPLICABLE LAW:
Section 166.021, Florida Statutes.
(1) As provided in s. 2(b), Art. vrn of the State Constitution, municipalities shall have the government,
corporate, and proprietary powers to enable them to conduct municipal government, perform municipal
functions, and render municipal services, and may exercise any power for municipal purposes, except
when expressly prohibited by law.
(2) "Municipal purpose" means any activity or power which may be exercised by the state or its political
subdivisions.
1
May 27, 2003
Regular Item B
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FINDINGS:
1. The development agreement is authorized pursuant to the Municipal Home Rule Powers Act, as
provided in s 2(b), Article VIII of the Florida Constitution and Chapter 166, Section 166.021, Florida
Statutes.
2. The development agreement is consistent with the City's Comprehensive Plan and Code of
Ordinances.
3. The development agreement provides for reasonable use of the subject property, while addressing
issues and concerns pertinent to the proposed use of the site.
4. On March 24,2003, the City Commission granted a conditional use for multi-family
development of as many as 8.0 dwelling units per acre on the approximately 15 acre site.
5. On March 31, 2003, the City Commission and Davis Heritage agreed to a mutually beneficial
financing agreement.
CONSIDERA TIONS:
On March 24,2003, the City Commission granted a conditional use to allow multi-family development
on this site in the C-l zoning district (within the SR 434 Redevelopment District) at a density of as many
as 8.0 dwelling units to the acre (120 maximum units). At a special City Commission meeting, March
31,2003, the City Commission and Davis Heritage agreed on a mutually beneficial financing program.
The City Attorney stated that a number of issues associated with the proposed development should be
addressed formally in a development agreement. A conceptual site plan has been provided, but no site
plan review (preliminary or final) has been requested, applied/paid for, or provided.
RECOMMENDATION:
Staff recommends that the City Commission approve the attached development agreement, subject to
payment of the $300 fee.
ATTACHMENTS:
A - Development Agreement, as drafted by the City Attorney.
B - Conceptual site plan with architectural renderings (11" x 17")
COMMISSION ACTION:
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