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HomeMy WebLinkAboutItem #03 - Steak N' Shake Plat Approval AGENDA ITEM COVER SHEET Meeting Date: April 17 , 2007 Item # "-3 Contact Name: Contact Number: Ryan P. Howard, E.1. (407) 905-3100 ext. 1506 Reviewed By: Department Director: City Manager: Subject: Steak 'n Shake Plat Approval Background Summary: This attached plat for Steak 'n Shake at Ocoee (the "Steak 'n Shake Plat") is a one-lot plat for a 1.076 acre commercial site located on the south side of State Road 50, immediately west of the western entrance to the Wal-Mart at Ocoee Plaza. The Steak 'n Shake Plat is, in part, a replat of all of Tract D of the Wal-Mart at Ocoee subdivision, as shown on the previously approved plat thereof (the "Wal-Mart Plat"). In addition to being a replat of all of Tract D, the Steak 'n Shake Plat also incorporates a previously unplatted parcel located to the west of and adjacent to Tract D, which was not included as part of the Wal-Mart Plat. Note No. 17 on the Wal-Mart Plat (as well as other Conditions of Approval imposed by the City in connection with the development of the Wal-Mart subdivision) provides that Tract D may only be developed in connection with an adjoining parcel. The Steak 'n Shake Plat is consistent with Note No. 17 on the Wal-Mart Plat in that it will combine Tract D and the adjoining parcel into one developable lot of record. In connection with the approval of the Wal-Mart Plat, a Lot Tying Agreement requiring that that all of Lot 1 and Tracts A, B, C and D of the Wal-Mart Plat remain as a single, integral parcel and not be sold in lesser constituent parcels was recorded. The Partial Release of Lot Tying Agreement will release those portions of the Wal-Mart Plat that are now owned by Steak N Shake Operations, Inc. and being replatted as part of the Steak 'n Shake Plat from the requirements and effect of the Lot Tying Agreement. Issue: The Engineering Department requests that the Mayor and City Commission approve the plat for Steak 'n Shake at Ocoee and Partial Release of Lot Tying Agreement. Recommendations City Staff recommends that the Mayor and City Commission approve the plat for Steak 'n Shake at Ocoee and Partial Release of Lot Tying Agreement as submitted and authorize the Mayor and City Clerk to sign the plat and Partial Release of Lot Tying Agreement. Attachments: Mylar Plat and Partial Release of Lot Tying Agreement Financial Impact: Type of Item: o Public Hearing o Ordinance First Reading o Ordinance First Reading o Resolution ~ Commission Approval o Discussion & Direction For Clerk's DeDi Use: o Consent Agenda o Public Hearing o Regular Agenda o Original Document/Contract Attached for Execution by City Clerk o Original Document/Contract Held by Department for Execution Reviewed by City Attorney Reviewed by Finance Dept. Reviewed by (Planning) o N/A o N/A o N/A