Proportionate Share Agreement for Mango’s Tropical Orange County Board of County Commissioners...

5
Proportionate Share Agreement for Mango’s Tropical Orange County Board of County Commissioners April 22, 201

Transcript of Proportionate Share Agreement for Mango’s Tropical Orange County Board of County Commissioners...

Page 1: Proportionate Share Agreement for Mango’s Tropical Orange County Board of County Commissioners April 22, 201 Proportionate Share Agreement for Mango’s.

Proportionate Share Agreement for Mango’s

Tropical

Orange County Board of County Commissioners

April 22, 201

Proportionate Share Agreement for Mango’s

Tropical

Orange County Board of County Commissioners

April 22, 201

Page 2: Proportionate Share Agreement for Mango’s Tropical Orange County Board of County Commissioners April 22, 201 Proportionate Share Agreement for Mango’s.

Proportionate Share Agreement Components

Issues:

Assessed Use

Square Footage

Improvement Costs and Proportionate Share Calculation

Proportionate Share Agreement Components

Issues:

Assessed Use

Square Footage

Improvement Costs and Proportionate Share Calculation

Mango’s Tropical Café Proportionate Share Agreement

Page 3: Proportionate Share Agreement for Mango’s Tropical Orange County Board of County Commissioners April 22, 201 Proportionate Share Agreement for Mango’s.

Proportionate Share Agreement Components

Assessed Use

Multiple tenant has been assessed Retail rates throughout development history

ITE Land Use (code 820) Retail Shopping Center considers restaurants as a typical use - consistent with County Impact Fee Schedule

Traffic study done using retail impact characteristics (consistent with County process)

Proportionate Share Agreement Components

Assessed Use

Multiple tenant has been assessed Retail rates throughout development history

ITE Land Use (code 820) Retail Shopping Center considers restaurants as a typical use - consistent with County Impact Fee Schedule

Traffic study done using retail impact characteristics (consistent with County process)

Mango’s Tropical Café Proportionate Share Agreement

Page 4: Proportionate Share Agreement for Mango’s Tropical Orange County Board of County Commissioners April 22, 201 Proportionate Share Agreement for Mango’s.

Proportionate Share Agreement Components

Square Footage

Adding 17,725 square feet of retail use to uses already existing retail use

Square footage consistent with Capacity Encumbrance Letter (Denied) dated March 24, 2014

Proportionate Share calculation based on 17,725 square feet as confirmed by owner’s consultant (e-mail dated March 25, 2014)

Building Permit will be approved for the specified square footage as noted in the proportionate share agreement

Proportionate Share Agreement Components

Square Footage

Adding 17,725 square feet of retail use to uses already existing retail use

Square footage consistent with Capacity Encumbrance Letter (Denied) dated March 24, 2014

Proportionate Share calculation based on 17,725 square feet as confirmed by owner’s consultant (e-mail dated March 25, 2014)

Building Permit will be approved for the specified square footage as noted in the proportionate share agreement

Mango’s Tropical Café Proportionate Share Agreement

Page 5: Proportionate Share Agreement for Mango’s Tropical Orange County Board of County Commissioners April 22, 201 Proportionate Share Agreement for Mango’s.

Proportionate Share Agreement Components

Improvement Costs and Proportionate Share Calculations

Memorandum of Proportionate Share Calculation (submitted by applicant’s traffic consultant) dated March 24, 2014,

Sand Lake Road Impacted Segments:

Dr Phillips to Turkey Lake Road (2 deficient trips) Turkey Lake to I-Drive (8 deficient trips)

Improvement Costs:

Dr Phillips to Turkey Lake Road $3,208,887 (County segment) Turkey Lake to I-Drive $10,874,000 (FDOT adjusted segment length)* Calculated Proportionate Share = $93,678.00

FDOT improvement segment is from Universal to Turkey Lake

Proportionate Share Agreement Components

Improvement Costs and Proportionate Share Calculations

Memorandum of Proportionate Share Calculation (submitted by applicant’s traffic consultant) dated March 24, 2014,

Sand Lake Road Impacted Segments:

Dr Phillips to Turkey Lake Road (2 deficient trips) Turkey Lake to I-Drive (8 deficient trips)

Improvement Costs:

Dr Phillips to Turkey Lake Road $3,208,887 (County segment) Turkey Lake to I-Drive $10,874,000 (FDOT adjusted segment length)* Calculated Proportionate Share = $93,678.00

FDOT improvement segment is from Universal to Turkey Lake

Mango’s Tropical Café Proportionate Share Agreement