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SR-100 Bulldog Drive Redevelopment Project

Presentation on the background, budget, and progress of the Bulldog Drive improvements along the SR-100 corridor by the SR-100 CRA Board and City Council.

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SR-100 Bulldog Drive Redevelopment Project

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  1. STATE ROAD 100 CORRIDORCOMMUNITY REDEVELOPMENT AGENCYBulldog Drive ImprovementsRight-of-Way and Design September 21, 2010Presentation for SR 100 CRA Board and City Council

  2. Overview • Background • Budget • Bulldog Drive Improvements • Overview • Remaining Right-of-Way • Final Design • Overview of Agenda Items

  3. SR 100 CRA Background and Purpose • Background • Established April 20, 2004 • 30 Year Time Horizon • Tax Increment Financing (future revenue from CRA pays for improvements to encourage redevelopment) • Purpose • Improve and/or Redevelop Blighted Areas • Midway Subdivision • Whispering Pines Subdivision • Establish the City’s “Downtown” or Urban Core • Encourage Development of Additional Commercial Corridor (Alternative to Palm Coast Parkway)

  4. City Council Goals and Objectives • FY 2009/2010 • Palm Coast Vision: Its Town Center is a vibrant Downtown with diverse businesses as the foundation for a strong local economy. • Top Priority: Bulldog Drive improvements • FY 2010/2011 • Palm Coast Vision: Town Center is a vibrant Downtown. Diverse businesses are the foundation for a strong local economy. • Five Year Goal: Promote Town Center as our Downtown. • Major Projects: Bulldog Drive

  5. SR 100 CRA Completed Projects • Master Plan Updated • Central Park Improvements • Land Acquisitions • I-95 / State Road 100 Gateway Features • Bulldog Drive Project Development and Engineering Report • CRA Financing Approved

  6. FY 2010/2011 SR 100 CRA Budget • Tax Increment Revenue . . . . . . . . . . .$ 1,147,916 • Investment Earnings . . . . . . . . . . . . . .$ 25,800 • Carry Forward . . . . . . . . . . . . . . . . . . $ 2,091,700 TOTAL REVENUES. . . . . . . . . . . . . . .$ 3,265,416 • Operating Expenses . . . . . . . . . . . . . $ 100,000 • Land Purchases . . . . . . . . . . . . . . . . . $ 1,000,000 • Bulldog Drive Design. . . . . . . . . . . . . $ 400,000 • Central Park . . . . . . . . . . . . . . . . . . . . $ 150,000 • Debt Service . . . . . . . . . . . . . . . . . . . .$ 679,369 • Contingency . . . . . . . . . . . . . . . . . . . . $ 936,047 TOTAL EXPENSES. . . . . . . . . . . . . . $ 3,265,416

  7. Future Capital Improvements High Priority Projects Established (xxx 2008) • Bulldog Drive • Central Park Enhancements Phases II and III • Civic Architecture (Community Center) • Other (Historic Property/Site Rehabilitation) • State Road 100 (Sidewalk, Traffic Signal/Mast Arm Assembly, Gateway Signage)

  8. Existing Bulldog Drive Corridor

  9. Potential Bulldog Drive Enhancements

  10. Implementation Short-Term • Approve Current Loan • Complete Right-of-Way Acquisition for Bulldog Drive • Complete Design & Construction Plans for Bulldog Drive • Additional Property Acquisitions in Target Areas • Central Park Improvements Long-Term • Additional Financing • Bulldog Drive Construction • Additional Capital Improvements per CRA Plan

  11. Proposed Alignment Flagler County School District  Ajram Cole  Third Coast Holdings, LLC 

  12. Remaining Right-of-Way • Two Parcels Owned by Mr. Ajram • Leased to Two Tenants (Operating Businesses) • Negotiating Since 2007 and Before • Appraisal of $466,000 for Both Parcels (August 2009) • Multiple Intermediaries and Multiple Proposals • To Avoid Eminent Domain, Staff Offered Double the Appraised Value • Final Offer by Mr. Ajram was $1,250,000 • Negotiations have Reached an Impasse

  13. Remaining Right-of-Way • Next Steps • Assembled Eminent Domain Team (City Attorney, Appraiser, Environmental Firm, and Design Team) • Preliminary Evaluation of Negotiations and Costs Associated with Eminent Domain (Only for Portion of Property Required for Street Improvements) • Team Concluded that Cost of Eminent Domain Acquisition < Appraised Value for Total Parcels

  14. Remaining Right-of-Way • Next Steps • City Attorney Advised Staff to Negotiate Settlement Agreements with the Tenants before Initiating Eminent Domain Process • Tenants Provided Estimated Costs of Relocation and Business Damages to City Staff • Negotiated Settlements were Reached with Tenants

  15. Remaining Right-of-Way • Next Steps • Initiate Eminent Domain Process through Resolution of Public Necessity and Purpose • Constitutes First Step in Eminent Domain Process • A Settlement can still be Reached with Owner prior to Trial

  16. Final Design • Released Request for Letters of Interest to Firms on Continuing Service Contracts • Stressed Eminent Domain Experience • Roadway Design • Stormwater Design • Streetscaping Design • Eight (8) Firms Responded • Four (4) Firms Shortlisted and Provided Presentations • WilsonMiller, Inc. was Top Ranked Firm • Negotiated Fee = Not-to-Exceed $348,000 (includes optional eminent domain services, if needed)

  17. Overview of Agenda Items • SR 100 CRA is a Separate Legal Entity • SR 100 CRA has the Budgetary Authority for Expenses related to CRA Projects (Bulldog Drive) • Item #7 – Authorization of Expenses Related to ROW Acquisition • Item #8 – Authorization of Expenses Related to Design • City of Palm Coast owns the Rights-of-Way and has Power of Eminent Domain • Item #10 – Settlement Agreement • Item #11 – Settlement Agreement • Item #12 – Approval of Design Contract • Item #13 – Resolution of Necessity and Public Purpose (ALL ABOVE PAID FOR BY SR 100 CRA)

  18. SR 100 CRA - ITEM #7 • Authorization of Expenses Related to ROW Acquisition • Settlement Agreements (#10 and #11) • Attorney’s Expenses related to Eminent Domain (#13) • Any Settlement Agreement with Owner would come back to SR 100 CRA and City Council for Consideration

  19. SR 100 CRA - ITEM #8 • Authorization of Expenses Related to Design • Final Design Contract with WilsonMilller, Inc. for an amount not-to-exceed $348,000

  20. CITY – ITEM #10 • Settlement Agreement with GW Black, Inc. • Five (5) Employees • Relocating within Flagler County • Appropriate Settlement Considering Costs and Size of Business ($39,150) • Significant Advantages to Settle • Cost of Settlement Paid for by SR 100 CRA

  21. CITY – ITEM #11 • Settlement Agreement with I&R Enterprises, Inc. • Two (2) Employees • Relocating within Flagler County • Appropriate Settlement Considering Costs and Size of Business ($20,200) • Significant Advantages to Settle • Cost of Settlement Paid for by SR 100 CRA

  22. CITY – ITEM #12 • Approval of Design Contract • Bulldog Drive is City Road • City will be Contracting Entity • Contract with Top Ranked Firm – WilsonMiller, Inc. • Cost of Design Paid for by SR 100 CRA

  23. CITY – ITEM #13 • Resolution of Necessity and Public Purpose • City has Power of Eminent Domain • Bulldog Drive is a City Road • First Step in Eminent Domain Process (only for ROW required for street improvements) • A Settlement can still be Reached with Owner prior to Trial • Cost of Attorney’s Expenses Paid for by SR 100 CRA

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