Loading...
HomeMy WebLinkAboutItem #10 Stor Kwik, West 50 Properties, Lot 1 - Second amendment to the Dev. Agrmnt. .. . :FOLEY FOLEY & LARDNER LLP ATTORNEYS AT LAW AGENDA ITEM COVER SHEET Meeting Date: May 19, 2009 Item # , (j Reviewed By: Contact Name: Contact Number: Paul E. Rosenthal, City Attorney Department Director: Craig Shadrix ~ , ---- City Manager: Subject: Amendment to West 50 Properties Annexation and Development Agreement I Stor Kwik - Lot 1 Background Summary: .In May 2007 the City Commission approved an Annexation and Development Agreement with West 50 Properties, The Agreement provides for certain permitted uses, granted various waivers and allocated Traffic Mitigation Payments among the Lots. Lot 1 of the project is now owned by Self Storage Associates, Inc. (Stor Kwik) which has proposed certain amendments to the Agreement in connection with the processing of a site plan for Lot 1. Issue: Should the City Commission approve the Second Amendment to Annexation and Development Agreement with West 50 Properties in order to allow for a revised development plan on Lot 1? Recommendations It respectfully is recommended that the City Commission approve the Second Amendment to Annexation and Development Agreement with West 50 Properties in order to allow for a revised development plan on Lot 1. Attachments: Second Amendment to Annexation and Development Agreement . Financial Impact: None A_1306275.1 Type of Item: D Public Hearing D Ordinance First Reading D Ordinance First Reading D Resolution D Commission Approval D Discussion & Direction For Clerk's Deaf Use: D Consent Agenda D Public Hearing D 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 Paul Rosenthal Reviewed by Finance Dept. Reviewed by ( ) Craig Shadrix I Bobby Howell A_1306275.1 o N/A [8] N/A o N/A . . I . : FOLEY FOLEY & LARDNER LLP ATTORNEYS AT LAW MEMORANDUM CLIENT-MATTER NUMBER 020377-0906 TO: The Honorable Mayor and City Commissioners FROM: Paul E. Rosenthal, Esq. City Attorney DATE: May 12, 2009 RE: Second Amendment to Annexation and Development Agreement with West 50 Properties . Staff Report ISSUE Should the City Commission approve a Second Amendment to Annexation and Development Agreement with West 50 Properties in order to allow for a revised development plan on Lot 1? BACKGROUNDIDISCUSSION In May 2007 the City Commission approved an Annexation and Development Agreement with West 50 Properties. The Agreement provides for certain permitted uses, granted various waivers and allocated Traffic Mitigation Payments among the Lots. Lot 1 of the project is now owned by Self Storage Associates, Inc. (Stor Kwik) which proposes to develop Lot 1 as a self-storage warehouse with both climate controlled and non-climate controlled space as well as 3,600 square feet of first floor retail. The retail has been added at the request of City staff as a condition of its support of certain changes to the Annexation and Development Agreement which are set forth in the attached Second Amendment to the Agreement. The Annexation and Development Agreement allows a climate controlled self-storage warehouse with .n architecturally upgraded design. The Second Amendment modifies the Agreement to also allow a non-climate controlled" self storage warehouse, The Site Plan also requires a modification to the building set back requirements (from an Expressway building setback of 75 feet to an Expressway A_1306275.1 building setback of 15 feet) and the building coverage requirements (from 30% to 40% bUildi. coverage). Additionally, the Traffic Mitigation Payments are reallocated among the 4 Lots, but t total amount remains unchanged, The Development Review Committee met on April 29,2009 to review the proposed Amendment and the site plan for Lot 1 of the West 50 Commercial Project. DRC recommended approval of the proposed Second Amendment to the Agreement. The Planning Department recommends approval of the proposed Second Amendment to the Agreement. The City Attorney has approved the proposed Second Amendment to the Agreement. . . A_1306275.1 . . . . This instrument prepared by: Paul E. Rosenthal, Esq. Foley & Lardner, LLP III North Orange Ave. Ste. 1800 P.O. Box 2193 Orlando, FL 32802-2193 407-423-7656 After recording return to: Beth Eikenberry, City Clerk City of Ocoee 150 North Lakeshore Drive Ocoee, FL 34761 SECOND AMENDMENT TO ANNEXATION AND DEVELOPMENT AGREEMENT THIS SECOND AMENDMENT TO ANNEXATION AND DEVELOPMENT AGREEMENT (the "Second Amendment") is entered into this _ day of ,2009 by and between the CITY OF OCOEE, a Florida municipal corporation (hereinafter referred to as the "City"), whose mailing address is 150 North Lakeshore Drive, Ocoee, FL 34761 and WEST 50 PROPERTIES, a Florida general partnership (hereinafter referred to as the "Owner"), whose mailing address is 1411 EdgewaterDrive,Suite 101, Orlando, FL 32804. RECITALS WHEREAS, Owner and City entered into that certain Annexation and Development Agreement dated May 15, 2007 and recorded on June 2, 2007 in Official Records Book 9290, Page 165, Public Records of Orange County, Florida, as amended by First Amendment thereto dated November 20,2007 and recorded December 27,2007 in Official Records Book 9546, Page 3184, Public Records of Orange County, Florida (collectively, the "Annexation and Development Agreement"); and, WHEREAS, Section 7 of the Annexation and Development Agreement obligates Owner to pay the City the sum of Two Hundred Seventy-Six Thousand Dollars ($276,000.00) to mitigate certain transportation impacts (the "Traffic Mitigation Payment"); and, WHEREAS, the Annexation and Development Agreement further provides that the Traffic Mitigation Payment will be allocated among the four lots that comprise the Property in accordance with Exhibit "D" attached to the Annexation and Development Agreement; and, WHEREAS, Owner's development plan for the Property originally contemplated a 65,000 square foot conditioned self-storage facility to be constructed on Lot 1 but such plan has ORLA_1302276.3 changed and it is now anticipated that an additional 35,000 square feet of non-climate self- storage facility with architecturally upgraded design shall be constructed on Lot 1 and in connection therewith the Owner has agreed to construct 3,600 square feet of retail space on the ground floor of such facility facing Highway 50; and; . WHEREAS, the Owner has requested that the City approve two additional waivers from the Ocoee Land Development Code in order to accommodate the retail space and Owner's non- conditioned storage addition; and WHEREAS, at the request of the Owner, the City has agreed to allow a further reallocation of the Traffic Mitigation Payment among the four lots. NOW THEREFORE, in consideration of the above Recitals, the mutual covenants hereafter set forth, and other good and valuable consideration the receipt and sufficiency of which are acknowledged by the parties, Owner and City agree as follows: SECTION 1. RECITALS; DEFINITIONS. The foregoing Recitals are true and correct and are hereby incorporated by this reference. All capitalized terms used herein shall be as defined in the Annexation and Development Agreement, unless otherwise indicated. SECTION 2. SUBSTITUTION OF EXHIBIT "C" and EXHIBIT "D". The Annexation and Development Agreement is hereby amended by deleting Exhibit "c" and . Exhibit "D" attached thereto and substituting in their place Exhibit "c" (REVISED) and Exhibit "D" (REVISED) attached hereto and incorporated by reference herein. All references in the Annexation and Development Agreement to Exhibit "c" and Exhibit "D" shall hereafter be deemed to refer to Exhibit "c" (REVISED) and Exhibit "D" (REVISED) attached to this Amendment. By approval of this Amendment, the City Commission of the City ofOcoee hereby approves the two additional waivers from the Land Development Code as set forth on Exhibit "C" (REVISED). SECTION 3. PERMITTED USES, Section 8 of the Annexation and Development Agreement is hereby amended to provide for "self-storage warehouse (climate controlled and non-climate controlled structures with architecturally upgraded design)" as a permitted use. [The change to the permitted use is underlined.] SECTION 4. COVENANTS AND RESTRICTIONS. The Covenants and Restrictions of the West 50 Commercial Subdivisions shall be amended by the Owner to be consistent with the provisions herein. SECTION 5. EFFECTIVE DATE. This Second Amendment shall take effect on the last date it is executed by Owner or City. . 2 ORLA_1302276.3 . . . IN WITNESS WHEREOF, the City has caused this Second Amendment to be duly executed and made effective as of the Effective Date. "CITY" CITY OF OCOEE, a Florida municipal corporation By: Signature S. Scott Vandergrift, Mayor Print/Type Name ATTEST: Beth Eikenberry, City Clerk Signature (SEAL) Print/Type Name FOR USE AND RELIANCE ONLY BY THE CITY OF OCOEE, FLORIDA. APPROVED AS TO FORM AND LEGALITY this _ day of, 2009. FOLEY & LARDNER LLP APPROVED BY THE OCOEE CITY COMMISSION AT A MEETING HELD ON , 2009 UNDER AGENDA ITEM NO. By: City Attorney STATE OF FLORIDA COUNTY OF ORANGE I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgements, personally appeared S. SCOTT V ANDERGRIFT and BETH EIKENBERRY, personally known to me to be the Mayor and City Clerk, respectively, of the CITY OF OCOEE, a Florida municipal corporation, and that they severally acknowledged executing the same on behalf of said municipality 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 County and State last aforesaid this _ day of ,2009. Signature of Notary Name of Notary (Typed, Printed or Stamped) Commission Number (if not legible on seal): My Commission Expires (if not legible on seal): 3 ORLA_1302276.3 IN WITNESS WHEREOF, the Owner has caused this Second Amendment to be duly executed and made effective as of the Effective Date. Signed, sealed and delivered in the presence of: "OWNER" WEST 50 PROPERTIES, a Florida General Partnership Signature Print/Type Name By: Robert W. Hewitt, General Partner Signature Print/Type Name STATE OF FLORIDA COUNTY OF ORANGE I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgements, personally appeared Robert W. Hewitt, personally known to me to be General Partner of WEST 50 PROPERTIES, a Florida General Partnership, and that he acknowledged executing the same on behalf of said general partnership in the presence of two subscribing witnesses freely and voluntarily under authority duly vested in them by said general partnership. WITNESS my hand and official seal in the County and State last aforesaid this _ day of ,2009. Signature of Notary Name of Notary (Typed, Printed or Stamped) Commission Number (if not legible on seal): My Commission Expires (ifnot legible on seal): 4 ORLA_1302276.3 . . . . . . JOINDER AND CONSENT TO AMENDMENT (WEST 50 COMMERCIAL) The undersigned hereby certifies that it is the owner of Lot 1 of the Plat of West 50 Commercial Subdivision as recorded in Plat Book 70, Page 84, Public Records of Orange County, Florida, and the undersigned for and in consideration of valuable consideration, the receipt and sufficiency of which is hereby acknowledged, does hereby join in and consent to the execution of the foregoing Second Amendment to Annexation and Development Agreement IN WITNESS WHEREOF, the undersigned has caused these presents to be executed this _ day of , 2009. Signed, sealed and delivered in the presence of: SELF STORAGE ASSOCIATES, INC., a Florida corporation Print Name: By: Printed Name: Title: Print Name: STATE OF FLORIDA COUNTY OF The foregoing instrument was acknowledged before me this day of ,2009, by who is the of SELF STORAGE ASSOCIATES, INC, a Florida corporation. He/she [~ is personally known to me, or L-J has produced as identification. Signature of Notary Name of Notary (Typed, Printed or Stamped) 5 ORLA_1302276.3 EXHIBIT "C" (REVISED) AMENDED WAIVER LIST Code Section Current Standard New Standard Justification 6-14C(2)(b )(i) Min. 25' landscape Allow 10' Utility Loss of property to buffer along all easement within FOOT ROW. primary streets. required buffer. 6-14C(5)(h) Shared Ground 72 s. f. for 2 users Provide sign face signs limited to 70 s. and 108 s, f. for 3 for unrelated but f. for 2 users and users. adjoining property 100 s. f. for 3 or owner with access more users. off shared access road for safety reasons, 6-14C(1)(a)(v) Expressway **Expressway City requested building setback 75 building setback 15 addition of 3,600 sf, feet from ROW feet (min,) from of shopping center line. ROW line to corner wI parking in AlC clip per site plan. storage building facing Hwy. 50. 5-3BfTable 5-2 C-3 Building **Self-storage - 40% Increase of Green I Coverage 30% building coverage. open I pervious area to 30 % versus 20% ** WAIVER ADDED BY SECOND AMENDMENT TO ANNEXATION AND DEVELOPMENT AGREEMENT 6 ORLA_1302276.3 . . . I . . . . EXHIBIT "D" (REVISED) WEST 50 COMMERCIAL SUBDIVISION 2ND REVISED PROPORTIONATE SHARE ALLOCATION TABLE Lot Prop<>.rtionate %of Number Sha re T ota I 1 $53,194 19.3% -- 2 $78,403 2.8.4% ., - - .. 3 $78,403 28.4% 4 $65,000 23.9% Total $276,000 100.0% ~... 4 ~ .~./ ,~ ~," .. .., ,.'- .~~ --.J_l_____" c-::.;~--::_s:_:.:;=::_:3:.::====i'.::.===~ L____ , - ,;!I!'!:Pt~:tlRlVE----. -- -- - ---- ----------- ::~i1~~33.!~~...v~==::.t-;~~~~---====:=~~=- - :-;:-:: , ------------ ~---- \ ( . .. ( ~ _'":::: 1JI,;U ,- 1 I I, II t.OT I. \ .3 .\' 1 , 1~~" ~ . ,..'~~p. .j' w... ..... ".:.--:.~~.l' \ \. . . . Ii' : ' :." . ~ . :'I' " . I\~ ~ \ ~ . .\\\ ',,:,,~ ll-' \- 'll). .\ ... , \ , \ '\ '\ \ " ... , .. '\ " ,'!o,. ... ...... . "'... .. ~,!,;,-:........ . ~Q:~ ........... Ifrf,..~q, ...... ~- " -"'C\t ........., 7 ORLA_1302276.3