HomeMy WebLinkAboutItem 04 Approval of Third Amendment to the Development Agreement for Arden Park PUD ocoee
Florida
AGENDA ITEM COVER SHEET
Meeting Date: February 16, 2021
Item #: q
Reviewed By:
Contact Name: Michael Rumer, Development Department Director: Michae umer
Services Director
Contact Number: Ext. 1018 City Manager: Robe
Subject: Approval of Third Amendment to the Development Agreement
Arden Park PUD (Lennar Homes)
Commission District#4— George Oliver Ill
Background Summary:
On November 21, 2006, the City Commission approved and executed a Development Agreement with Arden
Park Ventures, LLC, for the Development of property for the Arden Park Planned Community. The Development
Agreement provided for certain improvements to Clarke Rd. including the dedication of land and construction of
Clarke Rd north of Clarcona Ocoee Rd up to a point at its northern most property line, as part of mitigating
transportation capacity on the surrounding road network. Additionally, there was a provision for Arden Park
upon authorization from the City, to widen a section of Clarke Rd south of Clarcona Ocoee Rd to Orchard Park
(southern portion) with the City reimbursing the entire cost of the design, engineering and construction.
As Arden Park progressed with the development of Phases 1-4, the City was not in a financial position to
authorize Arden Park to construct the southern portion of the Clarke Rd widening. Lennar Homes, through a
series of acquisitions is now the developer of Arden Park and most recently designed, engineered and
constructed the required completion of the extension of Clarke Rd from Clarcona Ocoee to its northern property
line.
As Phases 5 and 6 were going through the development review permitting process, City staff under the direction
of the City Manager worked with Lennar Homes and their engineer to see if the construction of the southern
portion of the widening as per the Development Agreement and adding the extension south to the A.D. Mims Rd
area was feasible financially and could be completed under Lennar's participation.
City Staff gave a presentation to the City Commission on December 15, 2020, requesting direction to continue
forward with Lennar Homes as the preferred method for the widening of Clarke Rd utilizing an amendment to
the previous Development Agreements. Staff and Lennar Homes are now in agreement on a Third Amendment
to the Development Agreement facilitating the widening of Clarke Rd's southern section.
Issue:
Should the Honorable Mayor and City Commission approve the Third Amendment to the Arden Park PUD,
providing for Lennar Homes to facilitate the widening of Clarke Road as provided for in the original Arden Park
1
Developers Agreement, including the additional scope of work from the southern location of Orchard Park to just
north of A.D. Mims.
Recommendations:
Staff recommends the Honorable Mayor and City Commission approve the following:
A. Approve the Third Amendment to the Arden Park PUD, providing for Lennar Homes to facilitate the
widening of Clarke Road as provided for in the original Arden Park Developers Agreement, including the
additional scope of work from the southern location of Orchard Park to just north of A.D. Mims.
B. Authorize the expenditure of$4,634,480.00 from the Transportation Impact Fee Fund to be placed in
escrow as provided for in the Third Amendment to the Development Agreement.
Attachments:
Third Amended Development Agreement for Arden Park PUD
Memo from Finance
Financial Impact:
Transportation Impact Fees-$4,634,480.00
Type of Item: (please mark with an `x')
❑ Public Hearing For Clerk's Dept Use:
❑ Ordinance First Reading El Consent Agenda
❑ Ordinance Second Reading ❑ Public Hearing
❑ Resolution ❑ Regular Agenda
® Commission Approval
❑ Discussion&Direction
❑ Original Document/Contract Attached for Execution by City Clerk
❑ Original Document/Contract Held by Department for Execution
Reviewed by City Attorney
Reviewed by Finance Dept. Rebecca Roberts
Reviewed by
2
THIS INSTRUMENT WAS
PREPARED BY:
Scott A. Glass, Esq.
Shutts & Bowen LLP
300 S. Orange Ave., Ste. 1600
Orlando, Florida 32801
AND IS TO BE RETURNED TO:
Melanie Sibbitt, City Clerk
City of Ocoee
150 N. Lakeshore Dr.
Ocoee, FL 34761
THIRD AMENDMENT TO DEVELOPMENT AGREEMENT
(ARDEN PARK)
THIS THIRD AMENDMENT TO DEVELOPMENT AGREEMENT (the "Third
Amendment") is made and entered into the day of , 2021 (the "Effective
Date") by and between LENNAR HOMES, LLC, a Florida limited liability company whose
mailing address is Suite 310,6750 Forum Drive,Orlando FL 32821 (referred to herein as"Lennar"
or "Developer") and the CITY OF OCOEE, a Florida municipal corporation whose mailing
address is City of Ocoee, Attn.: City Manager, 150 North Lakeshore Drive, Ocoee, FL 34761 (the
"City") and as joined into by ARDEN PARK NORTH HOMEOWNERS ASSOCIATION,
INC., a Florida not-for-profit corporation whose mailing address is C/O Lennar Homes, LLC,
Suite 310, 6750 Forum Drive, Orlando FL 32821 (the "HOA") for the limited purposes set forth
herein.
WITNESSETH:
WHEREAS, on or about March 27, 2007, the City and Arden Park Ventures, LLC,
("APV") entered into that certain Development Agreement (Arden Park) recorded as Instrument
20070199656 in O. R. Book 9180, Page 4856 among the Official Records of Orange County,
Florida(the "Development Agreement"); and,
WHEREAS, the Development Agreement set forth the rights, duties and obligations of
APV and the City with respect to development of the Arden Park planned residential community
on certain property then wholly owned by APV and more fully described on Exhibit"A" attached
hereto and incorporated herein(the "Property"); and,
WHEREAS, on or about March 24, 2011, the City and APV executed that certain First
Amendment to Development Agreement (Arden Park) recorded as Document 20110294011 in
O.R. Book 10222, Page 6665 among the Official Records of Orange County, Florida (the "First
Amendment"); and,
WHEREAS,on September 29,2011,APV,assigned all of its rights,duties and obligations
under the Development Agreement to Standard Pacific of Florida, a Florida general partnership
("Standard Pacific"), pursuant to that certain Assignment of Development Agreement recorded as
Document 20110516824 in O.R. Book 10274, Page 7198 among the Official Records of Orange
County, Florida; and,
WHEREAS, on or about February 19, 2013, the City and Standard Pacific entered into
that certain Second Amendment to Development Agreement (Arden Park) recorded as Document
20130115380 recorded in O.R. Book 10529, Page 4035 among the Official Records of Orange
County, Florida (the "Second Amendment") (the Development Agreement, the First Amendment
and the Second Amendment being hereafter collectively referred to as the"Amended Development
Agreement"; and,
WHEREAS, in 2015, Standard Pacific and related entities merged with The Ryland
Group, Inc., to form CalAtlantic Group, Inc. ("CalAtlantic"); and,
WHEREAS, pursuant to such merger CalAtlantic became successor in interest to all of
Standard Pacific's rights, duties and obligations as developer of Arden Park under the Amended
Development Agreement; and,
WHEREAS, in February, 2018, CalAtlantic was acquired by Lennar; and,
WHEREAS, the City has previously planned, designed, engineered and constructed a
portion of the City road known as Clarke Road; and,
WHEREAS, it is the City's desire that Clarke Road be extended and improved such that
it eventually connects McCormick Road on the north to State Road 50 (a/k/a Colonial Drive) on
the south,with the segment of Clarke Road to the north of Clarcona-Ocoee Road being a two-lane
road and the segment of Clarke Road to the south of Clarcona-Ocoee Road being a four-lane,
divided urban road (collectively, the "Clarke Road Right of Way"); and,
WHEREAS, as successor to CalAtlantic by acquisition Lennar has assumed all rights,
duties and obligations of the Developer under the Amended Development Agreement including,
but not limited to, the obligation to design, engineer, permit and construct a two-lane segment of
Clarke Road which is designated and depicted as, "Section B," in the Amended Development
Agreement; and,
WHEREAS, Lennar has designed, engineered, permitted and has constructed, "Section
B"; and
WHEREAS,the Amended Development Agreement contemplated that other segments of
Clarke Road, designated as "Section A" and "Section C," would be designed and constructed by
others or would be designed by others, but constructed by APV or its successor at the City's
expense; and,
WHEREAS, "Section A" has been completed by others, but "Section C" has not and the
City has determined that, from a time and cost efficiency perspective, it is desirable to have Lennar
proceed with the design, engineering, permitting and construction of"Section C"; and,
WHEREAS, the City has further determined that, again, from a time and cost efficiency
perspective, it is desirable to have Lennar design, engineer, permit and construct certain other
improvements to Clarke Road south of Clarcona-Ocoee Road as hereinafter described.
NOW THEREFORE, in consideration of the premises, the sum of ten dollars and other
good and valuable consideration exchanged between the parties, the receipt and sufficiency of
which being hereby acknowledged, City and Lennar agree as follows:
I. Recitals; Definitions. The above recitals are true and correct and are
incorporated herein by this reference. All capitalized terms not otherwise defined herein
shall be as defined in the Amended Development Agreement.
II. Amendment of Amended Development Agreement. The parties
acknowledge that the obligations contained in subsections A, B, C, D, E, F, G, 0, P, R, S,
T and V of Section 4. of the Amended Development Agreement have been satisfied or
otherwise replaced with obligations set forth herein. As such and in addition, Section 4. of
the Amended Development Agreement is hereby deleted in its entirety and replaced with
the following:
4. Clarke Road Right-of-Way and Improvements. The following provisions
shall apply:
(i) Neither the Developer, its successors and assigns, nor any other person or
entity shall be entitled to any road impact fee credits or other compensation
of any kind for, on account of,or with respect to the required dedication and
conveyance of the Clarke Road Right-of-Way to the City, or the design,
engineering, permitting and construction of any improvements to Clarke
Road, except as set forth herein.
(ii) Developer shall design,engineer,permit and cause to be constructed certain
improvements to Clarke Road south of the intersection of Clarke Road and
Clarcona-Ocoee Road generally depicted as Section C (the "Section C
Improvements") on the Clarke Road Design Sketch (the "PDA Sketch")
attached and incorporated as Exhibit "D". The City shall pay for the
Section C Improvements as provided in Section 4.(vi), below.
(iii) Developer shall also design, engineer, permit and cause to be constructed
those improvements necessary to complete Clarke Road from the southern
terminus of Section C to that point north of A.D. Mims Road where Clarke
Road currently transitions from four-lanes to two-lanes (hereafter, the
"Section D Improvements"), as depicted on Exhibit "E" attached hereto
and incorporated by reference herein. The City shall pay for the Section D
Improvements as provided in Section 4. (vi), below. The Section C
Improvements and the Section D Improvements are hereafter collectively
referred to as the "City Road Improvements."
(iv) The City Road Improvements shall include the necessary roadway,
attendant sidewalks, streetlights, median landscaping, and provision for
customary utilities and stormwater management. Prior to entering into any
contracts for the design, engineering, permitting and/or construction of the
City Road Improvements, Developer shall obtain a separate price (a/k/a
"Bid") for such work from the entity or entities Developer has contracted
with to perform that particular type of work, i.e., design, engineering,
permitting and/or construction, for the Developer Road Improvements.
Developer will promptly provide each such Bid to the City and the City
shall have ten (10) business days from receipt of a Bid to either approve or
reject it. In the event a Bid is rejected the City shall advise Developer, in
writing, of the reasonable basis or bases for such rejection. Developer shall
then have thirty(30) days to address such issues with the bidder in an effort
to resolve the City's concerns or to obtain a Bid which addresses the City's
issue(s) from another entity. If Developer submits a revised Bid or a new
Bid the City shall have five (5) business days to either accept or reject it. If
the City fails to notify Developer, in writing, of the City's decision by the
end of such five (5) day period, the Revised Bid or alternative Bid, as the
case may be, shall be deemed rejected and the Developer shall have no
further obligation to perform, or secure the performance, of that particular
work. On the other hand, if the City approves a Bid, a revised Bid or an
alternative Bid, then Developer will, within thirty (30) days of Developer's
receipt of the City's written notice of approval, enter a contract (or an
amendment to Developer's existing contract)with the bidding entity for the
performance of the work in question. The contract or contract amendment,
as the case may be, shall name the City as an intended third-party
beneficiary of the performance obligations of the contractor with respect to
the work to be performed thereunder. Approval or rejection of a Bid by the
City may be done by the City Manager of the City, or his designee, with no
further action required by the City Commission of the City.
(v) As an alternative to the procedure set forth in paragraph 4(iv) above,
Developer may enter into a contract for the design, engineering, permitting
and construction of the City Road Improvements on a non-bid basis at a
price acceptable to and approved by City, which acceptance and approval
may be granted or withheld in the City's sole and absolute discretion.
Approval or rejection of this alternative procedure may be done by the City
Manager of the City, or his designee, with no further action required by the
City Commission of the City.
(vi) If City directs Developer to proceed with the design, engineering,
permitting and/or construction of the City Road Improvements, or any part
thereof, then, in consideration therefor, City agrees to pay for the same as
follows:
a. Prior to Developer's entry into its first contract for design, engineering,
permitting or construction of the City Road Improvements, City,
Developer and Shuffield Lowman, P.A. ("Escrow Agent") shall enter
into an Escrow Agreement on terms acceptable to the parties thereto and
consistent with the provisions hereof.
b. The City shall promptly deposit Four Million Six Hundred Thirty-Four
Thousand Four Hundred Eighty Dollars ($4,634,480.00) with the
Escrow Agent to be used by the Escrow Agent to pay approved and
documented invoices for the City Road Improvements and to pay
Developer's project management fee as set forth below.
c. Inasmuch as Developer is directly contracting for performance of the
design, engineering, permitting and construction of the City Road
Improvements, Developer shall receive invoices for material received
and/or work performed directly from the party providing such material
or performing such work. Developer shall verify the invoice against the
terms of the underlying bid and contract, review any appropriate
documentation and, before forwarding such invoice to the Escrow
Agent for payment from the Escrowed Funds, verify that the invoice
only includes Allowable Costs, as hereinafter defined, and that the
materials supplied or the work performed according to such invoice
have in fact been received or has been performed, as the case may be.
Each invoice shall be certified by a Professional Engineer licensed to
practice in the State of Florida and shall be accompanied by such
documentation as is reasonable and customary to support payment.
Once Developer has verified the validity of the invoice Developer shall
send the invoice, along with a written confirmation of its accuracy, to
the City.
d. Upon receipt,City shall have thirty(30)days to direct the Escrow Agent
to pay any undisputed portion of such invoice and to notify Developer,
in writing, if City disputes any portion of such invoice or requires
additional documentation to determine whether payment is appropriate.
Developer shall have ten (10) business days to provide additional
documentation and/or to submit a written request to meet with City staff
in order to attempt to resolve such dispute. City staff will meet with
Developer within ten(10)business days after City's receipt of a written
request for such meeting. If the dispute remains unresolved after such
meeting the matter shall be elevated to the City Manager or, at the City
Manager's designation, the Assistant City Manager, who shall meet
with Developer within ten (10) business days after the date Developer
and City staff met. The City Manager or Assistant City Manager, as the
case may be, shall then have five (5) business days to make a final
decision. Such final decision may thereafter be challenged by an
appropriate action filed in the Ninth Judicial Circuit Court for Orange
County,Florida and the provision for attorneys' fees and costs provided
in Section 17 of this Agreement shall apply thereto.
e. Upon receipt of written directions from the City, Escrow Agent shall,
within two (2) business days, pay undisputed amounts directly to the
invoicing party. Simultaneously with each such payment the Escrow
Agent shall issue a separate payment to Developer in an amount equal
to nine and one-half percent (9.5%) of such payment as a project
management fee to compensate Developer for its time, resources and
administrative overhead.
f. City shall pay all reasonable actual costs incurred in the design,
engineering, permitting and construction of the City Road
Improvements, including reasonable and customary "soft" costs
incurred in the design, engineering, permitting and construction of the
City Road Improvements such as, by way of illustration and not
limitation, the cost of necessary surveys, environmental studies,
geotechnical studies, legal fees, permit application fees, environmental
mitigation directly related to the City Road Improvements, and the like
(collectively, the "Allowable Costs"). As each significant aspect of the
City Road Improvements are completed, but in no event less than
quarterly, Developer shall ensure invoices have been submitted to the
Escrow Agent for payment of completed work.
g. Nothing herein shall prevent the City from seeking reimbursement from
adjacent property owners or any other entity for costs associated with
the City Road Improvements.
(vii) City shall be responsible for providing or causing others to provide the
facilities necessary to meet the stormwater requirements associated with the
City Road Improvements. Notwithstanding any other provision of this
Agreement to the contrary, Developer shall have no obligation to construct
the City Road Improvements until such time as the City or other party has
provided the facilities necessary to meet the stormwater requirements
associated with the City Road Improvements.
(viii) The Developer shall convey to the City, or cause the current owner thereof
to convey to the City, within 60 days of the date of this Third Amendment,
certain property it owns east of Clarke Road and adjacent to Lake Trout and
more particularly described as: Tract R according to the Plat of Arden Park
North Phase 4 recorded at Plat Book 100, Page 136, Public Records of
Orange County, Florida. The conveyance shall be by special warranty deed
free and clear of all liens and encumbrances except for those matters
acceptable to the City. The form of the special warranty deed shall be
subject to the approval of the City. The Developer shall contemporaneously
with the conveyance of such tract, provide to the City a current attorney's
opinion of title, or a current title commitment to be followed by a policy of
title insurance, evidencing that fee simple title to such property is free and
clear of all liens and encumbrances except for those matters acceptable to
the City. The costs and expenses related to the conveyance of such tract,
including the cost of title work, shall be borne solely by the Developer. Real
property taxes on the property shall be prorated as of the day of the City's
acceptance of the conveyance of the same, and the prorated amount of such
real property taxes attributable to the Developer shall be paid and escrowed
in accordance with the provisions of Section 196.295, Florida Statutes;
provided,however,that if the conveyance occurs between November 1 and
December 31, then the Developer shall be responsible for real property
taxes for the entire year.
(ix) Upon completion of construction of each segment of the City Road
Improvements the City shall conduct a final inspection of the applicable
segment and, if such construction passes inspection and Developer has
complied with all applicable written City standards and requirements for
road construction in effect as of the Effective Date of this Agreement, City
shall issue a certificate of completion for such segment.
(x) City shall be responsible for adjusting the timing of all traffic signals
necessitated by construction of the City Road Improvements.
(xi) The City may vacate the existing Hobson Road adjacent to portions of the
Property. Such vacation shall be at the City's timing and sole cost and
expense. Developer and the HOA hereby agree not to oppose the vacation
of Hobson Road and hereby agree to relinquish any rights or claims to any
portion of such road upon vacation of the same.
III. No Third-Party Beneficiaries. This Third Amendment is solely for the
benefit of the formal parties hereto and their respective successors and assigns and no right
or cause of action shall accrue by reason hereof to or for the benefit of any third party.
Nothing in this Third Amendment, express or implied, is intended or shall be construed to
confer upon or give any person or entity any right, remedy, or claim under or by reason of
this Agreement or any provisions or conditions hereof, other than the formal parties hereto
and their respective affiliates, representatives, heirs, successors and assigns.
IV. Counterparts. This Third Amendment may be executed in any number of
counterparts,each of which shall be deemed to be an original but all of which together shall
constitute one and the same instrument.
V. Recordation. An executed original of this Third Amendment shall be
recorded among the Official Records of Orange County, Florida, by the City at the
Developer's sole expense.
VI. Third Amendment to Control in Event of Conflict. To the extent any
term, condition or provision of this Third Amendment conflicts with any term, condition
or provision of the Amended Development Agreement including, but not limited to, any
term, condition or provision set forth in the Revised Arden Park Conditions of Approval
attached as Exhibit "B"to the Second Amendment, or any term, condition or provision of
the Amended Land Use Plan for Arden Park Planned Unit Development as the same is in
effect on the Effective Date hereof, then, in such instance, the conflicting term, condition
or provision of this Third Amendment shall control.
VII. Balance of Amended Development Agreement Remains Effective.
Except as specifically amended by this Third Amendment, all terms, conditions and
provisions of the Amended Development Agreement shall remain in full force and effect.
[Signature Page to Follow]
Signed, sealed and delivered DEVELOPER:
in the presence of:
LENNAR HOMES, LLC, a Florida
limited liability company
Print Name:
By:
Print Name:
Print Name: Print Title:
STATE OF
COUNTY OF
I HEREBY CERTIFY that on this day, before me by means of❑ physical presence or ❑
online notarization, an officer duly authorized in the State and County aforesaid to take
acknowledgments, personally appeared , as of
LENNAR HOMES,LLC, a Florida limited liability company who is ❑ personally known to me
or ❑ produced as identification, and that he/she acknowledged
executing the same on behalf of said company in the presence of two subscribing witnesses, freely
and voluntarily, for the uses and purposes expressed therein.
WITNESS my hand and official seal in the State and County last aforesaid this day of
, 20
Signature of Notary
Name of Notary (typed, printed or stamped)
Commission Number:
Commission Expires:
Signed, sealed and delivered CITY:
in the presence of:
CITY OF OCOEE, FLORIDA, a
Florida municipal corporation
By:
Print Name: Rusty Johnson, Mayor
Attest:
Melanie Sibbitt, City Clerk
Print Name: (SEAL)
FOR USE AND RELIANCE ONLY BY APPROVED BY THE OCOEE CITY
THE CITY OF OCOEE, FLORIDA; COMMISSION AT A MEETING
APPROVED AS TO FORM AND HELD ON ,20
LEGALITY THIS DAY OF UNDER AGENDA ITEM NO.
,20
SHUFFIELD, LOWMAN & WILSON,
P.A.
By:
Scott Cookson, City Attorney
STATE OF FLORIDA
COUNTY OF ORANGE
I HEREBY CERTIFY that on this day, before me by means of❑ physical presence or ❑
online notarization, an officer duly authorized in the State and County aforesaid to take
acknowledgments, personally appeared RUSTY JOHNSON and MELANIE SIBBITT,
personally known to me to be the Mayor and City Clerk, respectively, of the CITY OF OCOEE,
FLORIDA and that they severally acknowledged executing the same in the presence of two
subscribing witnesses, freely and voluntarily under authority duly vested in them by said
municipality.
WITNESS my hand and official seal in the State and County last aforesaid this day of
, 20 .
Signature of Notary
Name of Notary (typed, printed or stamped)
Commission Number:
Commission Expires:
JOINDER AND CONSENT
The HOA hereby executes this Third Amendment solely for the purpose of agreeing to the
obligation and waiver contained in Section 4(xi) of Article II of the Third Amendment and for no
other purpose.
Signed, sealed and delivered HOA:
in the presence of:
ARDEN PARK NORTH
HOMEOWNERS ASSOCIATION,
INC., a Florida not-for-profit
corporation
By:
Print Name: Print Name:
Print Title:
Print Name:
STATE OF
COUNTY OF
I HEREBY CERTIFY that on this day, before me by means of❑ physical presence or ❑
online notarization, an officer duly authorized in the State and County aforesaid to take
acknowledgments, personally appeared , as of
ARDEN PARK NORTH HOMEOWNERS ASSOCIATION, INC., a Florida not-for-profit
corporation who is ❑ personally known to me or ❑ produced
as identification, and that he/she acknowledged executing the same on behalf of said company in
the presence of two subscribing witnesses, freely and voluntarily, for the uses and purposes
expressed therein.
WITNESS my hand and official seal in the State and County last aforesaid this day of
, 20
Signature of Notary
Name of Notary (typed, printed or stamped)
Commission Number:
Commission Expires:
EXHBIT "D"
Exuti2"
(Tb."PDA Sk.tcb')
I • I
,111,1 e\lis
. ,I SECTION A "-ti',
1
041 IVA&MIRK
MOW PM
SECTION 0 � -' p1
Ianti or aoKK ,
"�, -SECTION C
t4\t,
!•O Mg=seta
•••� \
•
PDAProfessional Din ,,ems,Inc �•4 f
Gar.r.rt., rt.n•.n and :AutscoM t.cbttccu +O+
:IYt Yu,re l:vd., Seat .O i'.0 4 44071 03A-1530 1
Ort.e6o. R 32e03 1'rr i,s071 US-2644
I
EXHIBIT "E"
,
Myl/111i iNM,% F. 1
11111
,44:-- -►� s ` ►1Ei11iiiiis miia �, :' r�s' ,\ <_ A_
t1 t Grin .. • f1111Sni7 =w,` r - : wpm wp.
it s , tr-rti l • iS1111t1.� _ --` 4
PROPOSED FRO HEST HALF OF N ECLARICEROAD RD ,.:., y x ,•'3�- ai 55 t:. ,
FROM CLARCCNA OCCEE ROAD ro •.
SOUTH OF ORCHARD PARK DR 11 - - ' A. --.•-ter ..
_
i
" _ it_* L.
:: q 7117
i LAKE MEADOW I 1,' {" _
,
'!.'1 :11..,. 1 t - . .
TM r
r
•- 40.
�'111111111111 _..^_- _.. .«... HACKNEY PRNfttE RD s;,a•"a#i ., "_r Tr _,'.�
39k a f
1 y
. SECTION'D•
--,,,,,.:,....f.:'_-,.. ‘, . ,;"..
PROPOSED NEST HALF OF N CLARKE RD
FROM SOUTH OF ORCHARD PARK DR TO I
NORTH CF OCOEE V[STA PKWY I E LANE
•
-
iOtk, 4
,✓ t t S 5 �'� OCOEE 1Tgrq - I,-' •--._
1 I ''t
}
MAPEEN .
. Li .
CIVIL ENGINEERS '
ORLDOCS 18130853 1
I
Mayor Commissioners
Rusty Johnson Larry Brinson, Sr, District 1
Rosemary Wilsen, District 2
City Manager Richard Firstner, District 3
Robert Frank George Oliver Ill, District 4
ocoee
florida MEMORANDUM
TO: City Commission
FROM: Rebecca Roberts, Director of Finance
DATE: February 11, 2021
RE: Available Funding for Clarke Rd. Widening
I have reviewed the available fund balance reserves in the Road (Transportation)
Impact Fee Fund and determined there are sufficient reserves available to finance
the Clarke Rd. widening project with adequate contingent reserves remaining.
City of Ocoee • 150 North Lakeshore Drive • Ocoee, Florida 34761
phone: (407) 905-3100• fax: (407) 905-3167 •www.ocoee.org