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Home My WebLink AboutVII (B) Discussion Pineloch Management Property Proposed Park/School Site Acquisition Agenda 5-21-2002 Item VII B "CENTER OF GOOD LIVING-PRIDE OF WEST ORANGE" MAYOR•COMMISSIONER S.SCOTT VANDERGRIFr Ocoee a'` CITY OF OCOEE COMMISSIONERS DANNY HOWELL O SCOTT ANDERSON a VS Ij _ 150 N. LAKESHORE DRIVE RUSTY JOHNSON « • O. OCOEE,FLORIDA 34761-2258 NANCY J.PARKER LI p (407)905-3100 CRY MANAGER r'�ry oaf STAFF REPORT 11M GLEASON Op coo^ DATE: May 13, 2002 TO: The Honorable Mayor and City Commissioners FROM: Russ Wagner, Director of Planning Qp7 SUBJECT: Proposed Park/School Site Acquisition Pineloch Management Corporation Property (PMC) North of Clarcona/Ocoee Road and East of Hobson Road ISSUE: Should the Mayor and Commissioners acquire a 20 +/- acre park site adjoining a future elementary school site? BACKGROUND: Last year the City submitted a proposal for a Florida Communities Trust Grant to fund the acquisition of a 35 +/- acre park site at the subject location adjoining the West Orange Trail. This proposal was based upon the developer contributing the minimum required City share of the purchase amount (25%) in the form of a discounted sales price on the land. This proposed grant was not ranked highly enough against the many other proposals submitted from around the State, and the City was not allocated any State funds to acquire the parcel. Part of the reason for seeking to secure this park site had to do with its excellent central location within the expanding north end of the City. It was also due, however, to its location in proximity to a proposed elementary school site which was to be set aside by the developer of the adjoining property to the east. Since last year, the developer deleted this school site from his plan, and an alternate location was sought to replace it. Knowing that the Pineloch Property was still available, the Planning Director set up a meeting with Jon Martin of the Orange County Public Schools (OCPS) staff and Richard Gonzales of Pineloch Management Corporation to discuss acquisition of a portion of their property for the elementary school site. POWr Page 2 The Honorable Mayor and City Commissioners May 13, 2002 DISCUSSION: After researching the location and physical attributes of the proposed site, Orange County Public Schools staff determined that the northern 15 +/- acres of the site would be very suitable for an elementary school site. While the OCPS staff believes that this site could stand alone, the potential joint acquisition of an adjoining City park would be an important consideration as part of the final determination to be made by the School Board regarding the school site acquisition. Based upon the School Board's interest in the acquisition, PMC has made a proposal to sell the land to Orange County Public Schools contingent on the City acquiring the remainder of the property. The attached letter from Richard Gonzales (February 25, 2002) outlines the terms for acquisition of the property. In general, Orange County Public Schools would pay cash for their part of the property this year, but the City would pay for their portion over a 4 year period beginning in 2004. It is estimated that these annual payments would be in the $175,000 - $200,000 range, based upon the final approved value of the property. It is important to note, that the sale is contingent upon a simultaneous closing by both OCPS and the City. PMC is not interested in just selling the northern portion of the property for the school site. The acquisition of this school / park combination is similar to the deal that was worked out on South Park. OCPS would pay for 15 acres of the site, but give back 1-2 acres to the City if stormwater could be held in a master stormwater pond on City property. The City could also make use of the recreational facilities on the school site after regular school hours and on weekends. Both the school and park are consistent with the Comprehensive Plan which identifies the need for both facilities in this growing area of the community. It should be noted that this park site is suitable for lower intensity forms of recreation such as picnicking, nature walks, bicycling, tot lots, and neighborhood play areas. The site is heavily wooded and contains a low-lying pond area as well as a conservation area. It is well suited as a possible location for a trailhead, and its acquisition could open opportunities with the Orange County Parks Department to work on joint recreational uses related to the West Orange Trail as well as further open space acquisition in the area. Even though this proposed acquisition offers an opportunity to purchase needed school sites and park land from a willing seller at favorable terms, the financial implications need to be identified to put the project into context. According to the City Finance Director, the acquisition of the park would need to be funded out of general revenue. Park Impact Fees being generated by new growth in this area are committed to paying down debt service for such items as the Beech Center and Swimming Pool. Page 3 The Honorable Mayor and City Commissioners May 13, 2002 Despite the fact that the City will apply again this year for a Florida Communities Trust grant, there is no guarantee that we will be successful. Additionally, this proposal is for acquisition only. Funds will still need to be secured for the actual construction of facilities, and the City would be required to take over the developer obligation to pave the initial extension of Clarke Road north of Clarcona-Ocoee Road when the Elementary School is constructed. For the short term, however, it may be possible for the City to utilize the vacant school site for some practice fields, although some re-grading of the site would still need to be accomplished to permit this. Also, the City would retain ownership of a 1+ acre parcel at the northwest corner of Clarcona-Ocoee Road and Clarke Road which could possibly be sold in the future for a higher-intensity use to help defray park development costs. STAFF RECOMMENDATION: The acquisition of park property is a policy decision for the Mayor and City Commissioners to make, although the Planning Department believes the possible acquisition of this site for a combined school and park site is timely and should be seriously considered given the development pressures in this area. Attachment RBW/csa O:\CALEXANDERALL_DATA\CAPDFILE\Staff Reports\SR2002\SR02020 CC.doc PINELOCH MANAGEMENT pPMC CORPORATION 2002 February 5, 2002 Mr. Russell Wagner, AICP Director of Planning City of Ocoee 150 N. Lakeshore Drive Ocoee, FL 34761-2258 FAX: (407) 656-8504 Re: Combined School Site/Park Site Location in Ocoee Located at Clark Road/Clarcona Ocoee Road Intersection Dear Mr. Wagner: Center Lake Properties welcomes the opportunity to discuss this wonderful possibility with the School Board and the city of Ocoee. Preservation of and conversion of this property for public use is viewed favorably_ I offer our office for a meeting site, if convenient for you (drawings, maps, surveys are available). Respectfully, if-S2Q 41410-(2 Richard 1,ee GonzalezI I Vice President �J RLG:cth cc: Jim Caruso P.O. Box 568367 • Orlando, FL 32856-8367 • 102 W. Pineloch Street• Suite 10 • Orlando, FL 32806-6133 (407) 859-3550 • FAX (407) 650-0303 PINELO p M G CH MANAGEMENT CORPORATION February 25, 2002 Mr. Russ Wagner Director of Planning City of Ocoee 150 N. Lakeshore Drive Ocoee, FL 34761-2258 Mr. F. Jon Martin Senior Manager, Real Property Orange County Public Schools 445 W. Amelia Street Orlando, FL 32801-1127 Re: Simultaneous purchase of approximately 38 acres less Clark Road R.O.W. by Orange County School Board and the City of Ocoee Dear Sirs: This letter authorizes the Orange County School Board and the city of Ocoee to proceed to contract(s) to acquire the property owned by Center Lake Properties at the intersection of Clark and Clarcona-Ocoee Roads. Our understanding concerning purchase is as follows: Orange County School Board: • Would purchase 15 AC minimum. • Closing this year, 2002- • Purchase Price: $35,000-$40,000/ AC • Cash on closing • Simultaneous closing with City of Ocoee on Southern parcel. P.O. Box 568367• Orlando. FL 32856-8367 • 102 W. Pineloch Street• Suite 10 • Orlando, FL 32806-6133 (407) 859-3550 • FAX(407) 650-0303 Page Two Messrs. Russ Wagner& F. Jon Martin February 25, 2002 City of Ocoee: • Would purchase the remainder of the property, approximately 23 A/C less Clark Road R.O.W. and less Clarcona-Ocoee R.O.W. per Annexation Agreement. Acreage in no event should be less than 20 acres. • Purchase Price: $35,000-$40,000/AC. • Terms as follows: No interest equal-installment payments over 4 years. • February 2003 no payment required • February 2004 25% of principal • February 2005 25% of principal • February 2006 25% of principal • February 2007 25% of principal • If city secures funding from grants or other sources, CLP debt will be repaid when city receives funding. • Debt secured by first mortgage Ocoee parcel. • Closing simultaneous with purchase by School Board. It is Center Lake Properties' intention to sell the entire parcel. Please contact me so we can proceed to contract(s). Sincerely, Richard L. 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