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CP AND HG RESIDENTIAL LOTS, LLC

AND CITY OF PALM COAST

CASE HISTORY / SETTLEMENT AGREEMENT/ MASTER PLANNED DEVELOPMENT

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LOCATION/AERIAL MAP

EASTHAMPTON BLVD. ERIC DRIVE

EBB TIDE DRIVE EGAN DRIVE

EGRET TRAIL

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Comparative Development Potential

1 2 3 4 5

County Designation

City Designation

Potential City Designation

Previous Proposed

Current Proposed

Residential LowDensity (28.69acres

Greenbelt(28.69 acres)

Residential(28.69 acres)

Greenbeltw/MPD(21 acres)

Greenbelt w/MPD37 acres

3 units/acre 1 unit/acre 12 units/acre 2.8 units/acre 1.6 units/acre

86 units 28 units 344 unitsTownhouse (200 units)Multi-family (300 units)

60 units 58 units

14.59 acres openspace

14.59 acres open space

14.59 acresOpen space

22 acres open space

18 acres open space

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Current Ownership: Developer: 29+/- acres City: 14+/- acres

Exchange of Property: Developer conveys 6+/- acres of 29+/- acres to City City conveys 14+/- acres to developer

Post Land Exchange: Developer: 37+/- acres City: 6+/- acres

Open Space: 18+/- acres (6+/- ac. City/12+/- ac. Developer)

SETTLEMENT AGREEMENT: LAND EXCHANGE

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DEVELOPMENT AGREEMENT HI-LITES

Permitted Uses:

Single Family Residential (SFR-2)

Maximum Number of Lots: 58

Minimum Lot Size: 8,250 sq. ft.

Building Setbacks

Front: 20 ft.

Side: 7.5 ft.

Rear: 10 ft.

Perimeter Buffer:

North and Westerly property perimeter: 25 ft.

Off-Site ImprovementsDeveloper shall contribute a sum of $90,000 for community improvements. Sidewalk Right Turn Lane Monument Sign

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CURRENT MASTER SITE PLAN

CP and HG Residential Lots, LLC .

37+/- AC.

City 6+/- ac.

36 8,250 sq ft minimum (75 ft x 110 ft)22 8,800 sq ft minimum (80 ft x 110 ft)58 Lots

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RECOMMENDATION

Settlement and Commitment Agreement City Council Adopt the Settlement and Commitment Agreement.

Master Planned Development (MPD) rezoningCity Council Adopt Application #2382 – Rezone of parcel number 07-11-31-7034-AT2-0010 and 07-11-31-AT2-0000 from Estate -2 and Public/ Semi-Public to Master Planned Development.