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CP AND HG RESIDENTIAL LOTS, LLC AND CITY OF PALM COAST CASE HISTORY / SETTLEMENT AGREEMENT / MASTER PLANNED DEVELOPMENT. LOCATION/AERIAL MAP. ERIC DRIVE. EASTHAMPTON BLVD. EBB TIDE DRIVE. EGAN DRIVE. EGRET TRAIL. Comparative Development Potential.
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CP AND HG RESIDENTIAL LOTS, LLCAND CITY OF PALM COASTCASE HISTORY / SETTLEMENT AGREEMENT/ MASTER PLANNED DEVELOPMENT
LOCATION/AERIAL MAP ERIC DRIVE EASTHAMPTON BLVD. EBB TIDE DRIVE EGAN DRIVE EGRET TRAIL
Comparative Development Potential 1 2 3 4 5
SETTLEMENT AGREEMENT: LAND EXCHANGE Current Ownership: Developer: 29+/- acres City: 14+/- acres Exchange of Property: Developer conveys 6+/- acres of 29+/- acres to City City conveys 14+/- acres to developer Post Land Exchange: Developer: 37+/- acres City: 6+/- acres Open Space: 18+/- acres (6+/- ac. City/12+/- ac. Developer)
DEVELOPMENT AGREEMENT HI-LITES Permitted Uses: Single Family Residential(SFR-2) Maximum Number of Lots: 58 Minimum Lot Size:8,250 sq. ft. Building Setbacks Front: 20 ft. Side: 7.5 ft. Rear: 10 ft. Perimeter Buffer: North and Westerly property perimeter: 25 ft. Off-Site Improvements Developer shall contribute a sum of $90,000 for community improvements. • Sidewalk • Right Turn Lane • Monument Sign
CURRENT MASTER SITE PLAN CP and HG Residential Lots, LLC . 37+/- AC. City 6+/- ac. 36 8,250 sqft minimum (75 ft x 110 ft) 22 8,800 sqft minimum (80 ft x 110 ft) 58 Lots
RECOMMENDATION Settlement and Commitment Agreement City Council Adopt the Settlement and Commitment Agreement. Master Planned Development (MPD) rezoning City Council Adopt Application #2382 – Rezone of parcel number 07-11-31-7034-AT2-0010 and 07-11-31-AT2-0000 from Estate -2 and Public/ Semi-Public to Master Planned Development.