STATE ROAD 100 CORRIDOR COMMUNITY REDEVELOPMENT AGENCY Bulldog - - PowerPoint PPT Presentation

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STATE ROAD 100 CORRIDOR COMMUNITY REDEVELOPMENT AGENCY Bulldog - - PowerPoint PPT Presentation

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STATE ROAD 100 CORRIDOR COMMUNITY REDEVELOPMENT AGENCY Bulldog Drive Improvements Right-of-Way and Design September 21, 2010 Presentation for SR 100 CRA Board and City Council Overview Background Budget Bulldog Drive Improvements

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STATE ROAD 100 CORRIDOR COMMUNITY REDEVELOPMENT AGENCY Bulldog Drive Improvements Right-of-Way and Design

September 21, 2010 Presentation for SR 100 CRA Board and City Council

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Overview

  • Background
  • Budget
  • Bulldog Drive Improvements

– Overview – Remaining Right-of-Way – Final Design

  • Overview of Agenda Items
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SR 100 CRA Background and Purpose

  • Background

– Established April 20, 2004 – 30 Year Time Horizon – Tax Increment Financing (future revenue from CRA pays for improvements to encourage redevelopment)

  • Purpose

– Improve and/or Redevelop Blighted Areas

  • Midway Subdivision
  • Whispering Pines Subdivision

– Establish the City’s “Downtown” or Urban Core – Encourage Development of Additional Commercial Corridor (Alternative to Palm Coast Parkway)

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City Council Goals and Objectives

  • FY 2009/2010

– Palm Coast Vision: Its Town Center is a vibrant Downtown with diverse businesses as the foundation for a strong local economy. – Top Priority: Bulldog Drive improvements

  • FY 2010/2011

– Palm Coast Vision: Town Center is a vibrant

  • Downtown. Diverse businesses are the foundation for

a strong local economy. – Five Year Goal: Promote Town Center as our Downtown. – Major Projects: Bulldog Drive

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SR 100 CRA Completed Projects

  • Master Plan Updated
  • Central Park Improvements
  • Land Acquisitions
  • I-95 / State Road 100 Gateway Features
  • Bulldog Drive Project Development and

Engineering Report

  • CRA Financing Approved
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FY 2010/2011 SR 100 CRA Budget

  • Tax Increment Revenue . . . . . . . . . . .$ 1,147,916
  • Investment Earnings . . . . . . . . . . . . . .$ 25,800
  • Carry Forward . . . . . . . . . . . . . . . . . . $ 2,091,700

TOTAL REVENUES. . . . . . . . . . . . . . .$ 3,265,416

  • Operating Expenses . . . . . . . . . . . . . $ 100,000
  • Land Purchases . . . . . . . . . . . . . . . . . $ 1,000,000
  • Bulldog Drive Design. . . . . . . . . . . . . $ 400,000
  • Central Park . . . . . . . . . . . . . . . . . . . . $ 150,000
  • Debt Service . . . . . . . . . . . . . . . . . . . .$ 679,369
  • Contingency . . . . . . . . . . . . . . . . . . . . $ 936,047

TOTAL EXPENSES. . . . . . . . . . . . . . $ 3,265,416

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Future Capital Improvements

High Priority Projects Established (xxx 2008)

  • Bulldog Drive
  • Central Park Enhancements Phases II and III
  • Civic Architecture (Community Center)
  • Other (Historic Property/Site Rehabilitation)
  • State Road 100 (Sidewalk, Traffic Signal/Mast Arm

Assembly, Gateway Signage)

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Existing Bulldog Drive Corridor

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Potential Bulldog Drive Enhancements

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Implementation

Short-Term

  • Approve Current Loan
  • Complete Right-of-Way Acquisition for Bulldog Drive
  • Complete Design & Construction Plans for Bulldog Drive
  • Additional Property Acquisitions in Target Areas
  • Central Park Improvements

Long-Term

  • Additional Financing
  • Bulldog Drive Construction
  • Additional Capital Improvements per CRA Plan
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Proposed Alignment

Third Coast Holdings, LLC  Ajram Cole  Flagler County School District 

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Remaining Right-of-Way

  • Two Parcels Owned by Mr. Ajram
  • Leased to Two Tenants (Operating Businesses)
  • Negotiating Since 2007 and Before
  • Appraisal of $466,000 for Both Parcels (August 2009)
  • Multiple Intermediaries and Multiple Proposals
  • To Avoid Eminent Domain, Staff Offered Double the

Appraised Value

  • Final Offer by Mr. Ajram was $1,250,000
  • Negotiations have Reached an Impasse
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Remaining Right-of-Way

  • Next Steps

– Assembled Eminent Domain Team (City Attorney, Appraiser, Environmental Firm, and Design Team) – Preliminary Evaluation of Negotiations and Costs Associated with Eminent Domain (Only for Portion of Property Required for Street Improvements) – Team Concluded that Cost of Eminent Domain Acquisition < Appraised Value for Total Parcels

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Remaining Right-of-Way

  • Next Steps

– City Attorney Advised Staff to Negotiate Settlement Agreements with the Tenants before Initiating Eminent Domain Process – Tenants Provided Estimated Costs of Relocation and Business Damages to City Staff – Negotiated Settlements were Reached with Tenants

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Remaining Right-of-Way

  • Next Steps

– Initiate Eminent Domain Process through Resolution

  • f Public Necessity and

Purpose – Constitutes First Step in Eminent Domain Process – A Settlement can still be Reached with Owner prior to Trial

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Final Design

  • Released Request for Letters of Interest to Firms on

Continuing Service Contracts

– Stressed Eminent Domain Experience – Roadway Design – Stormwater Design – Streetscaping Design

  • Eight (8) Firms Responded
  • Four (4) Firms Shortlisted and Provided Presentations
  • WilsonMiller, Inc. was Top Ranked Firm
  • Negotiated Fee = Not-to-Exceed $348,000 (includes
  • ptional eminent domain services, if needed)
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Overview of Agenda Items

  • SR 100 CRA is a Separate Legal Entity
  • SR 100 CRA has the Budgetary Authority for Expenses

related to CRA Projects (Bulldog Drive)

– Item #7 – Authorization of Expenses Related to ROW Acquisition – Item #8 – Authorization of Expenses Related to Design

  • City of Palm Coast owns the Rights-of-Way and has

Power of Eminent Domain

– Item #10 – Settlement Agreement – Item #11 – Settlement Agreement – Item #12 – Approval of Design Contract – Item #13 – Resolution of Necessity and Public Purpose (ALL ABOVE PAID FOR BY SR 100 CRA)

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SR 100 CRA - ITEM #7

  • Authorization of Expenses Related to ROW

Acquisition

– Settlement Agreements (#10 and #11) – Attorney’s Expenses related to Eminent Domain (#13)

  • Any Settlement Agreement with Owner would

come back to SR 100 CRA and City Council for Consideration

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SR 100 CRA - ITEM #8

  • Authorization of Expenses Related to Design

– Final Design Contract with WilsonMilller, Inc. for an amount not-to-exceed $348,000

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CITY – ITEM #10

  • Settlement Agreement with GW Black, Inc.

– Five (5) Employees – Relocating within Flagler County – Appropriate Settlement Considering Costs and Size

  • f Business ($39,150)

– Significant Advantages to Settle – Cost of Settlement Paid for by SR 100 CRA

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CITY – ITEM #11

  • Settlement Agreement with I&R Enterprises, Inc.

– Two (2) Employees – Relocating within Flagler County – Appropriate Settlement Considering Costs and Size

  • f Business ($20,200)

– Significant Advantages to Settle – Cost of Settlement Paid for by SR 100 CRA

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CITY – ITEM #12

  • Approval of Design Contract

– Bulldog Drive is City Road – City will be Contracting Entity – Contract with Top Ranked Firm – WilsonMiller, Inc. – Cost of Design Paid for by SR 100 CRA

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CITY – ITEM #13

  • Resolution of Necessity and

Public Purpose

– City has Power of Eminent Domain – Bulldog Drive is a City Road – First Step in Eminent Domain Process (only for ROW required for street improvements) – A Settlement can still be Reached with Owner prior to Trial – Cost of Attorney’s Expenses Paid for by SR 100 CRA