HomeMy WebLinkAbout2007 10 08 Regular 609 Development Agreement for Regions Bank
COMMISSION AGENDA
ITEM 609
October 8. 2007
Meeting
Consent
Information
Public Hearine
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REQUEST: The Community Development Department requests the City Commission approve
a Development Agreement for the Regions Bank site, located at the southeast
comer of Parks tone Boulevard and SR 434.
PURPOSE: The attached Developerment Agreement (DA) is consistent with and fulfills the
commitments expressed at the March 12, 2007 site plan approval, with the
exception that the approved monument sign location is proposed to be replaced
with an approximately 29 SF sign mounted on the masonry buffer wall, parallel to
both SR 434 and the trail.
ZONING & LAND USE DESIGNATION:
Zoning: PUD
Future Land Use Designation: Commercial
Overlay: SR 434 New Development Overlay Zoning District
APPLICABLE LAW AND PUBLIC POLICY:
Chapter 166, FS
Comprehensive Plan
Chapter 9, City Code
Chapter 20, City Code
CONSIDERATIONS: The subject site received site plan (a.k.a. final engineering) and aesthetic
review on March 12, 2007 for the AMSouth Bank, which is now Regions Bank. Signage was
depicted, but was not a part of that aesthetic approval. A number of site-related commitments
were agreed to be set forth in a development agreement. These include reducing the number of
parking spaces to provide additional greenspace (unless the applicant demonstrates that the
reduced number constitutes a hardship), committing to maintaining the on-site open space,
tightening the turning radius into the site from SR 434 (to the extent that the FDOT will
allow), and the provision of on-site pavers in the area near where the driveway crosses the trail.
October 8, 2007
City Commission
Regular Agenda Item 609
In conjunction with the aesthetic review, the applicant proposes to include signage for Regions
Bank in the development agreement. The proposals include waivers of the 14' maximum height
and 16 SF maximum area limits for building-mounted single-tenant signage. The single-story
building contains a 33' tall tower, upon which the applicant proposes two (2) 12.4 SF building-
mounted single-tenant identification signs at a maximum height of 16' above the adjacent grade.
Subsection 20-470 (4) ofthe Code allows a maximum of 16 SF building mounted signage at a
maximum height of 14'. The proposed building-mounted signs are comprised of "Regions" in 1 '
3" tall individual white channel letters and the bank logo (12.4 x 2 = 24.8 SF; 24.8/16 = 1.55% of
the prescribed 16 SF maximum). It appears proportional to the height and mass of the buildings.
Section 20-470 does not address a commercial sign on a buffer wall in the SR 434 New
Development Overlay Zoning District, although it allows single-tenant monument signs as large
as 8' tall and 32 SF. The approved monument sign (8' tall; 16 SF; approved size and location)
would have been inside the fence and probably not visible from the SR 434 ROW. The applicant
proposes to remove a section ofthe existing metal fence and replace it with a 6' tall brick wall
section and a 29.13 SF non-illuminated green and white sign. The sign is comprised of the
"Regions Bank" in l' 6" tall individual white letters and the 2' 3" tall green bank logo. Staff
believes the proposed wall sign is an up-grade from the approved monument sign.
FINDINGS:
1) The Regions Bank site is located within the Parkstone Planned Unit Development, on a
parcel designated for commercial uses.
2) The site has a Commercial Future Land Use designation and is located within the SR 434
New Development Overlay Zoning District.
3) The site plan and aesthetic review for the site (then AMSouth Bank) was approved on
March 12, 2007, with the aesthetic review for signage specifically excluded.
4) The applicant's proposed signage deviates from the provisions ofthe SR 434 New
Development Overlay Zoning District.
5) The proposed development agreement includes a number of issues that were discussed
and agreed upon during the March 12,2007 City Commission site plan approval. It also
incorporates the deviations from the sign requirements of Section 20-470.
6) Staff supports these deviations, believing that they constitute an improvement over strict
compliance with the Code in this specific situation.
RECOMMENDATION:
Staff recommends approval of the proposed Development Agreement.
A TT ACHMENTS:
A
B
Location Map
Development Agreement (to be supplied by City Attorney)
COMMISSION ACTION:
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