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Agenda 09-12-06 V;8. f" ""\ . ~~NY~T8~CRA iii East Side-West Side-Seaside Renaissance If any person decides to appeal any decision made by the Board with respect to any matter considered at this meeting, he or she will need a record of the proceedings, and that, for such purpose, he or she may need to ensure that a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which the appeal is to be based. CRA Board Meeting Tuesday, September 12, 2006 City Commission Chambers 6:30 P.M. I. Call to Order - CRA Board Chairman, Henderson Tillman II. Pledge to the Flag III. Roll Call IV. Agenda Approval A. Additions, Deletions, Corrections to the Agenda B. Adoption of Agenda V. Public Comments: (Note: Comments are limited to 3. minutes in duration.) VI. Consent Agenda: A. Approval of the Minutes Savage Creatures Workshop-June 22, 2006 B. Approval of the Minutes MLK Corridor RFP Meeting - June 22, 2006 C. Approval of the Minutes CRA Board Meeting - August 8, 2006 D. Approval of the Minutes CRA Budget Workshop - August 24, 2006 E. Approval of the Monthly Financial Results-September 30, 2006 F. Approval of FY06/07 Budget Amendment G. Approval of Events - 4th Quarter Schedule VII. Public Hearing: Old Business None New Business A. Boynton Bagels Annexation 1. PROJECT: Boynton Bagels (ANEX 06-007) AGENT: OWNER: LOCATION: DESCRIPTION: Bradley Miller, Miller Land Planning Consultants Peters 3377 N. Federal Highway LLC 3377 North Federal Highway (eastside of Federal Highway, south of Turner Road) Request to annex subject property. B. Boynton Bagels land Use Plan Amendment/Rezoning 2. PROJECT: Boynton Bagels (lUAR 06-020) AGENT: Bradley Miller, Miller Land Planning Consultants OWNER: Peters 3377 N. Federal Highway LLC LOCATION: 3377 North Federal Highway (eastside of Federal highway, south of Turner Road) DESCRIPTION: Request to amend the Comprehensive Plan Future Land Use Map from Commercial High with underlying Medium Density Residential of 5 dulac (CH/5) (Palm Beach County) to Local Retail Commercial (LRC); and, Request to rezone from General Commercial (CG) (Palm Beach County) to Community Commercial (C-3). c. Baywalk New Site Plan 1. PROJECT: AGENT: OWNER: LOCATION: DESCRIPTION: Baywalk (NWSP 06-017) Carlos Ballbe, P.A. Southern Homes of Palm Beach V, LLC Westside of Federal Highway, North of Miller Road Request for new site plan approval for 40 townhouse units on a 2.26-acre parcel in an IPUD zoning district. D. Peninsula Site Plan Time Extension 1. PROJECT: Peninsula (SPTE 06-007) AGENT: Tom Yianilos OWNER: Waterbrook Development, LLC LOCATION: 2649 North Federal Highway DESCRIPTION: Request for a 6 month Site Plan Time Extension for site plan approval granted on July 5,2005, to extend site plan approval from July 5,2006 to January 5,2007. VIII. Pulled Consent Agenda Items IX. Old Business: A. Discussion of Ocean Breeze - VLB I KS B. HOB Residential Improvement Grant Program Guidelines - VLB C. Revisions to Homebuyers Assistance Program -LBNLB D. Discussion of Promenade DIFA - LB/KS/RR E. Discussion of 500 Ocean (FKA: Arches) - August 16th, 2006 Site Plan Extension and DIFA - LB/KS/RR F. Consideration of donating land to the Boynton Beach CDC- VLB G. Adoption of the CRA FY 06-07 Budget - (Separate Board handout.) H. Review of Executive Director Performance Appraisal- (Presentation by Dr. Linsey Willis.) X. New Business: A. Purchase Agreement for Vacant Lot adjacent to Ocean Breeze B. Purchase Agreement for a parcel located in Cherry Hill C. Consideration of Resolution No. 05-15 Per Diem Travel Reimbursement XI. Comments by Staff XII. Comments by Executive Director XIII. Comments by CRA Board Attorney XIV. Comments by CRA Board XV. Adjournment ~ Ruden ~b McClosky 222 LAKEVIEW AVENUE SUITE 800 WEST PALM BEACH. FLORIDA 33401 (561) 838-4542 FAX: (561) 514-3442 KIM.GLASCASTRO@RUDEN.COM September 12,2006 _'~m m ,--" Mike Rumpf, AICP Planning & Zoning Boynton Beach City Hall 100 E Boynton Beach Boulevard Boynton Beach, FL 33435 LANNlNC;'J;O lONfNS; Dfp'L RE: Postponement of Time Extension Consideration for The Peninsula IPUD Dear Mike: On behalf of Waterbrook Development, LLC, we request a continuation of the hearings scheduled for the September 12th CRA hearing and October 3rd City Commission hearing, as several notices mailed to property owners within 400' were returned due to insufficient postage for Canadian addresses. New notices have been forwarded to these property owners, in advance of the October 10the CRA meeting and November 7th City Commission hearing. We request that tonight's hearing be continued, date certain, to the October 10th CRA meeting. Sincerely, RUDEN"McCLOSKY, SMITH, SCHU TER & RUSSELL, P.A. WPB:268460:1 CARACAS. FT. LAUDERDALE. MIAMI. NAPLES. ORLANDO. PORT ST. LUCIE . SARASOTA. ST. PETERSBURG. TALLAHASSEE. TAMPA. WEST PALM BEACH RUDEN, McCLOSKY, SMITH, SCHUSTER & RUSSELL, P.A. VI. CONSENT AGENDA: A. APPROVAL 0 F THE MINUTES SAVAGE CREATURES WORKSHOP JUNE 22ND, 2006 -- 6 . ADVERTISING SUPPLEMENT TO lHE PALM BEACH POST lHURSDAY, AUGUST 10; 2006 GREATER BOYNTON BEACH CHAMBER OF COMMERCE MONTHLY MEMBERSHIP"LUNCHEON' S,~te . of ,the eRA; leading the way to'qU~lIity,growth The Community Redevelopment Buchanan, community team Agency preSented the state of contributors. development in the CRA district at the Following the special recognitions Monthly Membership Meeting, held was Carla Coleman, executive director on July 12. of the Urbari Land Institute Southeast The luncheon, Sponsored by Bank Florida/Caribbean District. Coleman of America, brought out a large provided an arialysis of trends in the attendance to the Boynton Woman's housing.C9nllnunity as well as Club. ' , inixed-incomehousirig dilled Bimk of America's manager, . ""DynarnicCommunities'Need . Candace Smith, opened the' '. PyP~icHousing." Her. presentation presentation followed by CRA Vice 'gave insight to theupcoining profile of Chairman StoIDlet Norem. consumers and what needs they eRA Director Usa Bright then would like to have addressed. gave the CRA overview, highlighting . Chamber President Glenn the recent accomplishinents, such as Jergensenawarded J1!1Iles Edwards the Boynton Beach Boulevard With a We~site'adveitismg banner extension (ca1led the "Promenade button ort theChalnber's'Web site. extension'). She also gave details Other winners received great door about the city marina purchase. piizes, su~h as Office Depot Margee Adelsperger, CRA stress-relief packs and Bank of marketing and communications " America leather.notepads. nanager, led a special recogillti6n t., ""~', S~CiaI thclnks'to JiIii.GllilbeauIt of program of key city employees, With a CUlinarY Solutions for catering the 3~ial thanks to Buck ~d ~u~ luncheon. '.. .:\"-''-',...- -:- J ~":,'> t ... 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BOYNTON BAGELS LAND USE PLAN AMENDMENT/REZONING t'~' 11~<tY~T2~ eRA - East Side-West S.lde-Seaslde RenaIssance BOYNTON BEACH eRA AGENDA ITEM STAFF REPORT eRA BOARD MEETING OF: September 12, 2006 AGENDA ITEM: VII. A. B. I Consent Agenda Old Business New Business I X Public Hearing Other SUBJECT: Boynton Bagels Annexation, Land Use Plan Amendment & Rezoning SUMMARY: The property owner is requesting to annex a parcel and to change its land use to Local Retail Commercial (LRC) and to rezone to Community Commercial (C-3). The parcel is located at 3377 N. Fe~eral Highway in Planning Area Five of the Federal Highway Corridor Community Redevelopment Plan Update. The parcel size is 3,352 sq. ft. The owner is proposing a takeout restaurant on the site. The site plan has been filed and is under review. FISCAL IMPACT: None. RECOMMENDA TIONS: Approve the applicants request for annexation into the City of Boynton Beach, land use plan amendment to Local Retail Commercial and rezoning to Community Commercial. ~~~ CRA Planning Director T:\AGENDAS, CONSENT AGENDAS, MONTHLY REPORTS\Completed Agenda Item Request Forms by Meeting\06 0912 CRA Board meeting\Boynton Bagels.doc Google Maps Page 1 of2 Go ogle" Maps ~.. '. ""W . '. .~~. . , ~.,'\. http://maps. google.coml 9/12/2006 Google Maps Page 1 of2 Google'~ Maps -.-, ..., 'http://maps.google.coml 9/12/2006 "" Old Business None New Business A. Boynton Bagels Annexation I. PROJECT: AGENT: OWNER: LOCATION: DESCRIPTION: COMMUNITY REDEVELOPMENT AGENCY Schedule of Regular Meetings 2nd Tuesday of each month Commission Chambers Boynton Beach City Hall 6:30 P.M. PLANNING & ZONING AGENDA ITEMS SEPTEMBER 12, 2006 Boynton Bagels (ANEX 06-007) Bradley Miller, Miller Land Planning Consultants Peters 3377 N. Federal Highway LLC 3377 North Federal Highway (eastside of Federal Highway, south of Turner Road) Request to annex subject property. B. Boynton Bagels Land Use Plan Amendment/Rezonin2 2. PROJECT: AGENT: OWNER: LOCATION: DESCRIPTION: Boynton Bagels (LUAR 06-020) Bradley Miller, Miller Land Planning Consultants Peters 3377 N. Federal Highway LLC 3377 North Federal Highway (eastside of Federal Highway, south of Turner Road) Request to amend the Comprehensive Plan Future Land Use Map from Commercial High with underlying Medium Density Residential of 5 dulac (CHIS) (Palm Beach County) to Local Retail Commercial (LRC); and Request to rezone from General Commercial (CG) (Palm Beach County) to Community Commercial (C-3). Community Redevelopment Agency Board September 12,2006 Page 2 C. Baywalk New Site Plan I. PROJECT: Baywalk (NWSP 06-017) AGENT: Carlos Ballbe, P.A. OWNER: Southern Homes of Palm Beach V, LLC LOCATION: Westside of Federal Highway, North of Miller Road DESCRIPTION: Request for new site plan approval for 40 townhouse units on a 2.26-acre parcel in an IPUD zoning district. D. Peninsula Site Plan Time Extension 1. PROJECT: Peninsula (SPTE 06-007) AGENT: Tom Yianilos OWNER: Waterbrook Development, LLC LOCATION: 2649 North Federal Highway DESCRIPTION: Request for a 6 month Site Plan Time Extension for site plan approval granted on July 5, 2005, to extend site plan approval from July 5, 2006 to January 5, 2007. S:\Planning\SHARED\WP\AGENDAS\CRAB\CRA P&Z Agenda items 9-12-06,doc TO: FROM: THROUGH: DATE: PROJECT NAME/NUMBER: REQUEST: Property Owner: Applicant/Agent: Location: Parcel Size: Existing Land Use: Existing Zoning: Proposed Land Use: Proposed Zoning: Proposed Use: DEVELOPMENT DEPARTMENT PLANNING a. ZONING DMSION MEMORANDUM NO. PZ 06-141 Chair and Members Community Redevelopment Agency Board and City Commission Kathleen Zeitler J{.z. Planner M-~ Michael W. Rumpf . Director of Planning and Zoning September S, 2006 Boynton Bagels /(ANEX 06-007) (LUAR 06-020) To annex a 3,342 square foot (O.OB-acre) parcel, to reclassify its land use to Local Retail Commercial (LRC), and rezone to Community Commercial (C-3). PROJECT DESCRIPTION Peters 3377 N. Federal Highway, LLC Doug Peters / Bradley Miller, Miller Land Planning Consultants Inc. 3377 North Federal Highway, south of Turner Road on the east side of Federal Highway, (see Exhibit "A" - Location Map) 3,342 square feet (O.OB acre) CHIS Commercial High/with underlying Medium Density Residential of S du/ac (Palm Beach County) CG General Commercial (Palm Beach County) Local Retail Commercial (LRC) Community Commercial (C-3) Parking lot currently accessory to an adjacent parcel in the City formerly occupied by All Flags bike sales/repairs. Proposed use is Boynton Bagels takeout restaurant. Subject property to remain as parking lot. A site plan application has been filed and is currently under review. Page 2 Boynton Bagels ANEX 06-007 and LUAR 06-020 Adjacent Uses: North: South: Developed commercial property with a Local Retail Commercial (LRC) land use classification, zoned Community Commercial (C-3) (formerly All Flags bike sales/repair, proposed is Boynton Bagels takeout restaurant); Developed commercial property classified as Palm Beach County Commercial High Intensity (CH/S) land use and zoned Palm Beach County General Commercial (CG); East: Developed single-family residential subdivision (Tradewinds) classified as Palm Beach County Medium Density Residential (MR- S) land use and zoned Palm Beach County Single-Family Residential (RS) West: Right-of-way for Federal Highway, then farther west is property designated Special High Density Residential (SHDR) and zoned Planned Unit Development (PUD), approved for 109 townhomes (forthcoming Gulfstream Gardens II project); and to the northwest, developed commercial property classified as Palm Beach County Commercial High Intensity (CH/S) land use and zoned Palm Beach County General Commercial (CG); EXECUTIVE SUMMARY Staff recommends approval of the requested annexation / land use amendment / rezoning for the following reasons: 1. The requested annexation is consistent with the objectives of the City's annexation program, which emphasizes the annexation of enclaves, and relevant policies in the Comprehensive Plan; 2. The requested land use and zoning are consistent with respective current designations in unincorporated Palm Beach County; 3. The request will not create additional impacts on infrastructure that cannot be accommodated by the City at present; and, 4. The requested change would help to further provide an economic contribution to both the neighborhood and to the City. PROPERTY OWNER NOTIFICATION Owners of properties within 400 feet of the subject annexation / land use amendment / rezoning were mailed a notice of this request and its respective hearing dates. The applicant certifies that they posted signage and mailed notices in accordance with Ordinance No. 04-007. Page 3 Boynton Bagels ANEX 06-007 and LUAR 06-020 PROJECT ANALYSIS The parcel which is the subject of this request for annexation, land use amendment, and rezoning totals 3,342 square feet or 0.08 acre. Because of the size of the property under consideration, the Florida Department of Community Affairs classifies this amendment as a "small scale" amendment. A "small-scale" amendment is adopted prior to forwarding to the Florida Department of Community Affairs, and is not reviewed for compliance with the state, regional and local comprehensive plans prior to adoption. The proposed land use amendment I rezoning application is being reviewed concurrently with an accompanying request for annexation (ANEX 06-007). The subject property's current land use classification is Commercial High with underlying Medium Density Residential of five (5) dwelling units per acre (Palm Beach County CHIS). The applicant is requesting to annex into the City to utilize the Local Retail Commercial (LRC) land use classification and the Community Commercial (C-3) zoning district. The proposed land use classification (LRC) is the city's equivalent to the County's CHIS land use classification, in terms of the allowable uses and respective intensities. Therefore, the requested land use amendment I rezoning application would be consistent with Chapter 2, Section 9.C.2(2) of the Land Development Regulations. Since this is the case, the request is relatively straightforward and would not require an evaluation of the eight (8) criteria against which rezoning applications are normally reviewed, as outlined in Chapter 2, Section 9.C.7 of the Land Development Regulations. Instead, staff analysis will relate to consistency with other relevant portions of the Comprehensive Plan, the city's annexation program, and service capability. The only policy in the Comprehensive Plan that would be pertinent to this request for annexation I land use amendment I rezoning would be Policy 8.10.4, which states the following: 8.10.4: The City shall coordinate with Palm Beach County regarding the prevention of enclaves, pockets, or other undesirable land configurations adjacent to, or in the proximity to, corporate limits, prior to annexation of any parcels into the City. Basically, this Policy requires the establishment of an annexation program, promotes orderly annexation, and prohibits the creation of new enclaves. The annexation of the subject property will further the efforts of the annexation program through reduction in the number of enclave properties. State annexation law allows the annexation of enclaves that are less than 10 acres through an inter-local agreement with the County without the consent of the property owners. Currently, objectives of the annexation program include annexing all enclaves less than 10 acres, and to incrementally annex enclave properties with the intent to reducing them below the 10-acre threshold. Therefore, the annexation of this parcel is consistent with the only policy within the Comprehensive Plan regarding annexation. Existing land uses along the U.S. 1 frontage are predominately retail; therefore a Local Retail Commercial (LRC) land use designation and Community Commercial (C-3) zoning category are appropriate, both for lots which are presently in the City, and for those which will be annexed. The subject property lies within Planning Area V of the Federal Highway Corridor Community Redevelopment Plan. Area V contains a mix of land uses, including commercial uses on small Page 4 Boynton Bagels ANEX 06-007 and LUAR 06-020 parcels. Although residential uses are encouraged along Federal Highway through redevelopment, the subject property is insufficient in size to support a residential project. In connection with previous annexation studies, city departments most affected by annexations (e.g. Police, Fire, and Public Works), have been surveyed for issues related to service capability and costs. All opinions previously collected from these departments supported the incremental annexation of enclaves. These opinions have been based on the following: 1. The enclaves are all immediately adjacent to areas within the city that currently' receive urban services; 2. Ample service capacity exists to serve adjacent unincorporated properties; and 3. Most enclaves currently receive service from the city via the mutual aid agreement (Police and Fire / EMS only); With respect to impact upon roadways, the Palm Beach County Traffic Division has reviewed the project and determined that it meets Traffic Performance Standards of Palm Beach County. The Police and Fire Departments report that this project has been reviewed for potential service impacts and availability, and based on the proposed use, a takeout restaurant, it has been determined that services allocated to, or existing within the area are adequate to provide the project with a necessary level of service. CONCLUSIONS/RECOMMENDATIONS As indicated herein, this request is consistent with the intent of the Comprehensive Plan; would not create additional impacts on infrastructure that have not been anticipated in the Comprehensive Plan; would be compatible with adjacent land uses and would contribute to the overall economic development of the City. Therefore, staff recommends that the subject request be approved. If conditions of approval are recommended by the Community Redevelopment Agency Board or required by the City Commission, they will be included as Exhibit "CIf - Conditions of Approval. ATTACHMENTS S:\Planning\SHARED\WP\PROJECTS\Boynton Bagels\LUAR 06-020\Staff Report.doc / / / 0642 0641 I i J~...."..........,..,.........,....".",......,.."".....,..,...,..,L..,..",..,',..,................,"",.......,.."..,...."....,......"...~ / / l i / r.. .........,.....................,.........,.....,.,.................. ,........,..,.... ...,......'............ ....,..........,........."..,....,..,., I Ii 'ra/ 0620 ~ / , _-~~o~~:L'r----:,:--/7 7 0111 0171 l 0160 / I I I I --1______~. I t / -----.-..-..--.--.-..-..-.-.-..-.-..-...-...../ I I i I i , ---.-.-.-'-.-'.--.'-.'-'-"-'1', . 0670 I ,...~._._--"_._..../ / ,.......,..,..........----.. ........,.....-.........,..........,..."........"..,...,...../ i i i i i l .. \ 0690 80 0660 / ! o 1..,-..--........,...... 0320 ....-....... .., r" .. .. ..... "'"'''J''''''' ............. / I {r................::::=1,10 ! -'I'" 0340 ! OO~ 1 I /-__1 rt;J/ ~70 I . 1_..030. '.L..______J .-----------" ! i f i j i ; i 801 919 t f ~-:--------1 . 30 ' / ~_... ..--l / f l '0060 / i " f f f i ! ! i ! j i i ! l t g <po ~ EXHIBIT "A" - BOYNTON BAGELS LOCATION MAP ..,.....,. I~ ~ "'-oo:!! ~l~& .. .. 3 og~g 0'< .. .. .. ~m 3 tT ~ ;;i! ~I~~ ~5d ;!;oC!'~ 6!1~~ i01~ ~hm S1a~ U~ ~~Ill R{~~ 8!;:~ I~~ ;<:~z ~!:l<> ~ ~ '" '" ~ In l:l ~ I i III ~ N 9 '" m r-- o '-i ~ ~ ".. ~ts ::tJsi!;~ Vj c::' j."'>~1 ~0 - ~"1 (A..c.'~I'.1 fj J) '~" ~~ ~ ~ OJ ~o z (f.) i!! > ~!!! :<~^ ~ !='~z '-4 m"oO !ggj~Z )>.OCll ::l r- ~ m o 8l Z ~ i! s:: 2 !>' .0 s: CD z)> ..., c:::u ~;:II; ~ ff ~ ~ f:j ~ "" ~ ~ ~ '\ l.r) Q l- f>] II- I\) C) ~ , REVlS10N.1 - AMEItlED LEGAL ~i i1 zi!! C>> ali . $! ~ ~ 3096 El.CAMINO REAL WEST PALM BEACH, FL 33409 . Sui~Ey;~passsurv~g.ne' LB. 7463 PHONE: 561.640.4277 FAX: 561.640.4261 I - I 'i' " - ~ ~ E ~U~ ~ ' ~orl!l!" ~ !~~i~ ~ ~~lj i ~ j~~ ~ ~ il ~Sl. '< --' S' ~5':< CJ ,. -o~f z: ~ U~ i l( K o t l ~ 9,1 f ~ H~ f & Z; . 5" tj CIl . ,.~ y OF: 3377 NORTH FEDERAL HWY ..... ~ ..... _ARID FOR PETERS 3377 N. FEDERAL HIGHWAY, LLC EXHIBIT "C" Conditions of Auuroval Project name: Boynton Bagels File number ANEX 06-007, LUAR 06-020 DEPARTMENTS INCLUDE REJECT PUBLIC WORKS - General Comments: NONE PUBLIC WORKS - Traffic Comments: NONE ENGINEERING DIVISION Comments: NONE UTILITIES Comments: NONE FIRE Comments: NONE POLICE Comments: NONE BUILDING DIVISION Comments: NONE PARKS AND RECREATION Comments: NONE FORESTER/ENVIRONMENT ALIST Comments: NONE PLANNING AND WNING Comments: NONE ADDITIONAL COMMUNITY REDEVELOPMENT AGENCY BOARD CONDITIONS Comments: To be determined. ANEX 06-007, LUAR 06-020 CONDITIONS OF APPROVAL PAGE 2 DEPARTMENTS INCLUDE REJECT ADDITIONAL CITY COMMISSION CONDITIONS Comments: To be determined. S:\PJanning\SHARED\ WP\PROJECTS\Boynton Bagels\LUAR\COA.doc VII. PUBLIC HEARING: NEW BUSINESS C. BAYWALK NEW SITE PLAN 11~<tY~Te~ eRA Ii East Side-West Side-Seaside Renaissance BOYNTON BEACH CRA AGENDA ITEM STAFF REPORT eRA BOARD MEETING OF: September 12,2006 AGENDA ITEM: VII. C. I I Consent Agenda I Old Business New Business I X Public Hearing Other SUBJECT: Baywalk New Site Plan SUMMARY: The applicant, Southern Homes of Palm Beach, is seeking approval of a site plan for a parcel located at 3103 N. Federal Highway. The applicant had a prior site plan approval (Oceanside), however it has expired. The new proposed site plan includes 40 condominium units in five two-storey buildings. The proposed density is 17.7 dulac. The applicant has satisfied eRA conditions of approval. FISCAL IMPACT: None. RECOMMENDA TIONS: Approve Southern Homes request for a new site plan NWSP 06-017 for the Baywalk development. C(Jx1i Vivian L. Brooks eRA Planning Director T:\AGENDAS, CONSENT AGENDAS, MONTHLY REPORTS\Completed Agenda Item Request Forms by Meeting\06 09 12 CRA Board meeting\Baywalkdoc DEVELOPMENT DEPARTMENT PLANNING AND ZONING DIVISION MEMORANDUM NO. PZ 06-158 STAFF REPORT THRU: Chair and Members Community Redevelopment Agency Board and City Commission Michael Rump~ Planning and Zoning Director TO: FROM: Kathleen Zeitler (2,., Planner DATE: September 5, 2006 PROJECT NAME/NO: Baywalk I NWSP 06-017 REQUEST: New Site Plan PROJECT DESCRIPTION Property Owner: Southern Homes of Palm Beach IV, LLC Applicant: Mr. Hector Garcia, Southern Homes of Palm Beach IV, LLC Agent: Mr. Carlos J. Ballbe' I Carlos J. Ballbe', P.A. Location: 3103 North Federal Highway; west side of Federal Highway, approximately 1/8 mile south of Old Dixie Highway (see Location Map - Exhibit "A'') Existing Land Use: Special High Density Residential (SHDR - 20 du/ac) Existing Zoning: Infill Planned Unit Development (IPUD - 20 du/ac) Proposed Land Use: No change Proposed Zoning: No change Proposed Use: 40 town homes Acreage: 98,446 square feet (2.26 acres) Adjacent Uses: North: Developed commercial property (self-storage facility) zoned Community Commercial (C-3); South: Vacant property recently annexed, with a Special High Density Residential (SHDR) land use classification and Planned Unit Development (PUD) zoning for the proposed Palm Cove development of 121 townhomes on 7.4 acres (forthcoming Palm Cove project); Staff Report - Baywalk (NWSP 06-017) Memorandum No PZ 06-158 Page 2 East: Right-of-way for Federal Highway, then farther east vacant land approved for the proposed Waterside development of 113 town homes on 7.3 acres with a Special High Density Residential (SHDR) land use classification and zoned Infill Planned Unit Development (IPUD); West: Developed residential property located in unincorporated Palm Beach County with a Commercial High (CHIS) land use classification, zoned Residential Multi-family (RM). Site: The subject property is a 2.26 acre lot located on the west side of Federal Highway, approximately 650 feet south of Old Dixie Highway. In 2004, the property was approved for Southern Homes' proposed Oceanside townhouse project. Currently, a modular structure serving as a temporary sales office for Southern Homes of Palm Beach is located on the subject property. The 3,200 square foot temporary office is currently used as the "home base" for the applicant's multiple residential projects (i .e. Murano Bay, Coastal Bay Colony, Bayfront, and WaterSide) constructed in the City of Boynton Beach. In addition to the sales office and related parking areas, the survey shows the site contains Cabbage Palm, slash pine, and some unidentified trees. The eastern portion of the site has been developed while the western portion remains undeveloped with native and exotic vegetation. A billboard is located at the southeast corner of the property, and will be removed in conjunction with the development of the townhomes (see Exhibit "c" - Conditions of Approval). BACKGROUND Proposal: On June 1, 2004, Southern Homes' Oceanside project, a proposed 45 unit townhouse development, received approvals for the following: (1) land use amendment (LUAR 04- 003) from Local Retail Commercial (LRC) to Special High Density Residential (SHDR); (2) rezoning (LUAR 04-003) from Community Commercial (C-3) to Infill Planned Unit Development (IPUD); and, (3) new site plan (NWSP 04-004) subject to 48 conditions of approval. The site plan is valid for a period of one (1) year from the date of approval, unless a building permit has been issued for commencement of development, or a time extension is requested prior to site plan expiration. The developer has not obtained a building permit, and did not request a time extension prior expiration of to the Oceanside site plan. Therefore, the developer is currently requesting a new site plan approval for the subject property which includes changes from the original approval. The proposed project design is different from the previously approved Oceanside project. The proposed Baywalk project consists of a total of 40 condominium townhouse units in five (5) structures, each containing two (2) stories. Townhouses are permitted uses in the IPUD zoning district. The maximum density allowed by the Special High Density Residential (SHDR) land use classification is 20 dwelling units per acre, which would allow the developer a maximum of 45 units based on 2.26-acre site. A total of 40 units are proposed at a lesser density of 17.7 dwelling units per acre. If the project is to be constructed in one (1) phase, a site plan may take the place of the required PUD master plan, as is requested in this case. Staff Report - Baywalk (NWSP 06-017) Memorandum No PZ 06-158 Page 3 ANALYSIS Concurrency: Traffic: A traffic statement was sent to the Palm Beach County Traffic Division for concurrency review in order to ensure an adequate level of service. The Palm Beach County Traffic Division has determined that the proposed residential project is located within the Coastal Residential Exception Areas of the county, and therefore meets the Traffic Performance Standards of Palm Beach County. No building permits are to be issued by the city, after the 2008 build-out date. The County traffic concurrency approval is subject to the Project Aggregation Rules set forth in the Traffic Performance Standards Ordinance. School: The School District of Palm Beach County has reviewed the application and has determined that adequate capacity exists to accommodate the projected resident population. Drainage: Conceptual drainage information was provided for the City's review. The Engineering Division has found the conceptual information to be adequate and is recommending that the review of specific drainage solutions be deferred until time of permit review. All South Florida Water Management District permits and other drainage related permits must be submitted at time of building permit (see Exhibit "C" - Conditions of Approval). Police/Fire: Staff reviewed the site plan and determined that current staffing levels would be sufficient to meet the expected demand for services. Site Design: Access: The project proposes one (1) point of ingress / egress to the subject site, located on Federal Highway. The site plan (sheet SP1 of 2) shows that this point of access would be 25 feet in width and allow for right-turn-only egress. Circulation: The two-way street internal to the development includes a private street approximately 340 feet in length and two (2) side streets approximately 75 feet in length near the entrance to the development. A one-way roundabout provides primary vehicular circulation. Streets: Per the IPUD zoning district regulations, privately-owned streets providing secondary vehicular circulation internal to the IPUD may be considered for approval with right-of-way and pavement widths less than the minimum PUD requirement of 40 feet, however in no case shall health, safety, and / or welfare be jeopardized. According to the site plan details, the private streets internal to the development would include 24 feet of asphalt and a combination of gO-degree parking stalls 18 feet in length or driveways 8 feet in length. Additionally, a four (4) foot wide pedestrian sidewalk would be placed in front of most dwelling units for pedestrian circulation. Between buildings 3 and 5 there would be a minimum of 50 feet. The streets, parking spaces, driveways, and sidewalks would all be common areas; only the residential units would be individually owned. Although the proposed streets are private, the streets are for the use of residents and service providers alike. Large garbage trucks will be required to maneuver and circulate throughout the proposed development. Solid waste pickup would be a combination of roll- out curbside service for the 24 units with a garage and the 8 units in Buildings 1 and 2, Staff Report - Baywalk (NWSP 06-017) Memorandum No PZ 06-158 Page 4 and a trash dumpster for the remaining 12 units in Buildings 3-5 that would not have a garage. The dumpster is proposed along the south property line near Building 4. The proposed plans have been reviewed by the Engineering Division for compliance with City standards for IPUD zoning, including internal street width, utilities within those streets, and safe sight distances. The Engineering Division has determined that the street width is acceptable and the plan is in compliance with the City's requirements. Parking: The project proposes a total of 40 townhouse units (2 and 3 bedrooms) with a community pool and pool house. Two (2) and three (3) bedroom dwelling units require two (2) parking spaces per unit, and the amenity area requires a mix of five (5) spaces, for a total of 85 parking spaces required on site. The plans show that the development would have a total of 86 parking spaces, including three (3) off-street parking spaces near the pool with one (1) of the spaces designated for handicapped use. The site plan shows that 24 units would have a one (l)-car garage (Models "B", "c" and "0"). The first floor plans show that each one (l)-car garage would be dimensioned 10 feet in width and 18 feet to 19 feet 9-inches in depth. One (1) unit (28-C) has driveway dimensions to accommodate a required space. The remaining 61 parking spaces would be distributed throughout the project, but each unit would have a row of parking spaces in close proximity to their front door. The 90-degree parking stalls, excluding the handicap spaces, would be dimensioned nine (9) feet in width and 18 feet in length and include wheelstops. All proposed parking stalls, including the size and location of the handicap space, were reviewed and approved by both the Engineering Division and Building Division. In addition, all necessary traffic control signage and pavement markings will be provided on site to clearly delineate areas on site and direction of circulation. Landscape: According to the site plan tabular data (sheet SP2 of 2), the proposed pervious area would total 0.57 acres or 25.41 % of the site. The proposed landscaping exceeds minimum code requirements and provides a complimentary mix of canopy and palm trees such as Live Oak, Mahagony, Dahoon Holly, Royal Palm, Coconut Palm, and Sabal Palm. All trees would be the required minimum of 12 feet in height at time of planting. All areas located outside the building footprint would be under the control of the Homeowners' Association to ensure proper maintenance of the common landscaped areas. The landscape code requires that 50% or more of the plant material be native species. The plant list (sheet P-1) indicates the landscape plan would provide a total of 57 canopy trees, of which 53 (or 93%) would be native species. The plant list indicates that 58 (or 54%) of the 108 palm trees would be native species. Also, the landscape plan indicates a total of 1,374 shrubs, of which 842 (or 61 %) would be native, and a total of 1,335 groundcovers of which 669 (or 50%) are native species. The landscape plan notes indicate that non- potable well water will be used as the source of irrigation for the project. The site plan (sheet SP1 of 2) shows that perimeter landscape buffers ten (10) feet in width are proposed along the north, south, and west property lines. The landscape plan (sheet P-1) shows that a row of Cocoplum hedges and Live Oak trees are proposed within the north (side) landscape buffer. The plan also indicates three (3) Sabal palms and a Staff Report - Baywalk (NWSP 06-017) Memorandum No PZ 06-158 Page 5 Mahagony tree are proposed within this buffer. The south (side) landscape buffer would contain a row of Cocoplum hedges, and a mix of Live Oak and Sabal palms. The west (rear) landscape buffer would contain Dahoon Holly, Sabal Palms, Live Oak, and Cocoplum hedges. Hedges within buffers are to intended to form a continuous, solid visual screen as noted on sheet P-l. However, the plan is required to be revised in some areas to comply with this code requirement (see Exhibit "C"- Conditions of Approval). The east landscape buffer would be 12 feet in width and contain more landscape material than the other buffers because it is adjacent to Federal Highway. This buffer would include the following: Royal and Sabal Palms, Mahogany, Crinum Lilly, Bush Allamanda, Ixora Nora Grant, Dwarf Bouganvillea, Purple Glory Bush, and seasonal annuals. The front of each unit would have Royal Palms, Montgomery Palms, Green or Malayan Coconut Palms with a mix of shrubs and groundcovers. The air conditioners for each unit would be located on the ground to the rear of each unit and screened with Cocoplum hedges. The landscape plan notes indicate that non-potable water will be used as the source of irrigation for the project. However, if the non-potable water source proves to be too brackish, and potable water has to be used for irrigation purposes, then the use of drought-tolerant species shall be utilized, and water conserving irrigation techniques be applied such as a drip system (see Exhibit "c" - conditions of approval). According to the landscape plan, a six (6) foot masonry buffer wall would be placed along the perimeter side and rear property lines of the subject property. The adjacent Palm Cove PUD to the south is also required to have a privacy wall, and the applicant will take measures to share their wall, rather than duplicate it (see Exhibit "c" - Conditions of Approval). A decorative metal fence would be located to the rear of Buildings 1 and 2 along Federal Highway. The fence will be a brown aluminum rail picket fence approximately four (4) feet in height with decorative metal columns, similar to the pool fence enclosure. Each unit adjacent to Federal Highway would have a walkway for pedestrian access from the rear of each unit to individual gates leading to the sidewalk along Federal Highway, to allow for pedestrians to engage the street. A custom carved stone urn fountain would be located in the roundabout south of the poolhouse. Per the fountain detail (sheet L-1), the fountain would be seven (7) feet - nine (9) inches in height. The fountain area would include landscaping, lighting, and benches. Buildings: The 40 dwelling units are proposed within five (5) separate buildings on the 2.26-acre site. The plan proposes a mix of two (2) and three (3) bedroom units. Each of the five (5) buildings would contain varying unit types as well (models A-D). According to the floor plans (sheets A12-A15), the smallest unit (model A) would be 1,189 square feet of air- conditioned area and the largest unit (model D) would be 1,688 square feet of air conditioned area. The proposed townhomes are condominium-style ownership, with all areas other than the individually-owned unit considered to be common areas. Height: The maximum height of buildings in the IPUD zoning district is 45 feet, and all proposed structures comply. Sheets A-4 -5, A-7, A-9, and A-ll indicate the proposed two (2)-story Staff Report - Baywalk (NWSP 06-017) Memorandum No PZ 06-158 Page 6 townhouses would be 24 feet - nine (9) inches measured at the mean roof height, and 28 feet - four (4) inches measured at the top ridge. The one-story poolhouse elevation on sheet A-2 indicates a building height often (10) feet - six (6) inches from the top of beam, and a peak height of 18 feet. The elevation of the entry arch on sheet A-1 indicates a vertical clearance of 17 feet, and a total arch height of 22 feet - six inches. Setbacks: The IPUD zoning district has no specific minimum building setback requirements, except that "perimeter setbacks shall mirror setbacks of adjacent zoning district(s) but with a minimum of the setback required for a single-family residence, as determined by the orientation of structures in the IPUD". The proposed perimeter setbacks of between 10 to 20 feet are consistent with other similar developments along the Federal Highway Corridor. On the site plan tabular data, the minimum setbacks are shown as follows: front (east property line) - 10 feet, rear (west property line) - 10 feet, and side (north and south property lines) - five (5) feet. However, Buildings 1 and 4 are shown on the site plan with a side building setback of eight (8) feet, an increase of three (3) feet. This is because the proposed setbacks are intended as minimum dimensions to be exceeded where possible. The buildings shall not encroach into the self-imposed minimum required setbacks. Staff concurs with this scenario and notes that the setback table shown on sheet SP2 of 2 regulates the project's minimum required building setbacks. These building setbacks have been provided for compatibility purposes, and mirror adjacent development to the west. The perimeter setbacks are intended to accommodate a buffer wall, required buffer landscaping, and outdoor air conditioning equipment, as well as to proVide some common area for the enjoyment of the respective residents. Buildings 1 and 2 are proposed along Federal Highway and would be set back a minimum of ten (10) feet from the east (front) property line. Building 1 would be setback eight (8) feet from the north (side) property line, and Building 2 would be setback five (5) feet from the south (side) property line. The site plan shows that Building 3 would be set back ten (10) feet from the south (side) property line. Building 4 would be set back ten (10) feet from the west (rear) property line, eight (8) feet from the south (side) property line, and eight (8) feet from the north (side) property line. Building 5 would be set back ten (10) feet from the north (side) property line. The poolhouse to be located approximately fifteen (15) feet west of Building 5 would be set back ten (10) feet from the north (side) property line. The community pool would be set back eight (8) feet from the north (side) property line, and the pool deck would be set back five (5) feet from the north (side) property line. Amenity: The IPUD zoning district requires a minimum of 200 square feet per dwelling unit to be provided for usable open space areas. The site plan (sheet SP2 of 2) indicates a total of 8,000 square feet (40 x 200) is required, and 10,295 square feet (or 257 square feet per dwelling unit) of usable open space is provided. The recreation amenity area would include a swimming pool and a pool house building with restrooms, and a covered terrace for the use of the residents and their guests. The one- story poolhouse building of 515 square feet is designed to match the architecture and building materials of the townhouse buildings. A bike rack, water fountain, and mail kiosk would be located at the poolhouse. A decorative paver deck and fencing would surround the pool. The fencing would be consistent with the brown aluminum rail picket fencing proposed throughout the project. Staff Report - Baywalk (NWSP 06-017) Memorandum No PZ 06-158 Page 7 Patios: Desig n: A concrete patio (slab only) approximately four (4) feet by nine (9) feet would be located to the rear of each unit. The tabular data on sheet SP2 of 2 indicates that these rear patios would be set back a minimum of five (5) feet from the side and rear property lines. Unit owners in Buildings 1-2 would have concrete patios and walkways from the rear French doors connecting to the sidewalk along Federal Highway. The site plan notes on sheet SP2 of 2 indicate that the homeowners' association will not allow individual pools or additions to the units, and also notes that no patios or balconies are allowed to be modified (screened, enclosed, etc). Any such proposal in the future would require a master plan modification. The proposed buildings and pool house resemble a Neo-Mediterranean design with Spanish "s" tile roof. The majority of exterior walls of the buildings would have a smooth stucco finish with multiple color options. All buildings would be earth colors and include Sherwin Williams paints named Bold Brick (SW 6327), Friendly Yellow (SW 6680), Navajo White (SW 6126), Hubbard Squash (SW 0044), Baked Clay (SW 6340), Dover White (SW 6385), and Jute Brown (SW 6096). The neutral color palette proposed will be harmonious with surrounding developments. All buildings would be architecturally enhanced with balconets having decorative aluminum railings, picturesque fenestration with windows of varying sizes and shapes, recessed entries, and porticos. All accent features such as entry doors, stucco walls, clay roof tiles, raised trim, and stucco walls present a higher quality of architectural design and materials. An arched entry feature which spans from Building 1 to Building 2 is proposed at the community entrance along Federal Highway. The arched entry feature would have a clearance of approximately 17 feet. Butresses on each side support the arch and also serve as small collonades which provide covered pedestrian walkways into the development. The plans propose one (1) type of outdoor freestanding lighting fixture. The photometric plan (sheet PH1 of 1) indicates a total of 27 freestanding lights are proposed throughout the development. The light detail shows that the round fiberglass light pole would be 18 feet in height. The color of the pole and light fixture would be black. Signage: The conceptual entrance elevation shows that a "Baywalk" sign would be located on each side of the entry on site walls. However, the sign detail dimensions on sheet A-1 exceed the six (6) foot wall height and do not indicate the signage area, materials, or color. The wall shall be painted the same or similar to the building colors. The sighs would have to comply with Chapter 21, Article IV, Section 1.D of the Land Development Regulations (see Exhibit "C" - Conditions of Approval). Public Art: An open space is proposed to exhibit public art along Federal Highway in compliance with the newly adopted requirement for developments to provide public art work. The exact location of the proposed artwork is undetermined at this time. The artwork will enhance the ambiance of the proposed development. Ultimate review and approval of the artist and type of artwork is still pending by the Arts Commission. Staff Report - Baywalk (NWSP 06-017) Memorandum No PZ 06-158 Page 8 SUMMARY: The Infill Planned Unit Development district standards and regulations were created for the purpose of allowing flexibility to accommodate infill and redevelopment on parcels less than five (5) acres in size. The IPUD zoning district regulations state the following: "It is a basic public expectation that landowners requesting the use of the IPUD district will develop design standards that exceed the standards of the basic development standards in terms of site design, building architecture and construction materials, amenities and landscape design. The extent of variance or exception to basic design standards, including but not limited to requirements for parking spaces, parking lot and circulation design, and setbacks, will be dependent on how well the above stated planning expectations are expressed in the proposed development plan." The site/master plan design standards exceed the basic development standards for conventional residential zoning districts in terms of site design, building architecture, amenities, and landscape design. RECOMMENDATION: If this request is approved, it is contingent upon satisfying all comments indicated in Exhibit "c" - Conditions of Approval. Any additional conditions recommended by the Board or City Commission shall be documented accordingly in the Conditions of Approval. Staff has reviewed this request for New Site Plan and is recommending approval of the plans presented. S:\Planning\SHARED\WP\PROJECTS\Southern Homes of Palm Beach\Baywalk\NWSP 06-017\Staff Report.doc 0010 II ( ~ i j I 5021 ( I ! ( I 1 in. = 171,6 feet j i i I I i i ! f i i---- ----- ..---' ----- i i I ! ! ! i .I ! ; - - I ! i I ! ! - 0243 5020 0020 ""rr 0270 i: ( I -Ii 0280 i I l.,--------~. ..J i 0290 I,' _J I' 0680 0250 i 0110 I i 0690 0260 0010 0020 0090 0240 -- ., , i j i! ,I 0220 0140 0300 - , -, , 0030 0040 r-- 0320 __-;i /.._--~- l050 ,------ 160 0651 0652 '0 ---7 i 0642 0641 "-"'1' I i -/ 0620 SUBJECT PROPERTY / I I , i -/-.---.-......--.--c-..--- "--'-"--'---"--'---"-"---""! , i 0090 0101 0120 0131 i i I i ~--------- ! j 0210 I' 0191 0171 0160 / I ; L__.._.__._._.__.____._._____..,._ i 'I i ! 0590 I ! ! 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Provide a roll-out area for Buildings I and 2 along the main east-west roadway to eliminate the need for solid waste to access the dead-end roads in front of those buildings. 3. Provide an area for recycling and bulk waste pickup. 4. Delete dumpster enclosure by Building 2. PUBLIC WORKS - Traffic Comments: 5. The turning movement necessary to gain access to Unit 4 (Building 1) is virtually impossible to make in a single movement. Even making multiple maneuvers to gain access creates an unsafe condition for motorists. The driveway access point shall be 30 feet from the roadway intersection (LDR, Chapter 6, Article IV, Section LA. 1. ). ENGINEERING DIVISION Comments: 6. All comments requiring changes and/or corrections to the plans shall be reflected on all appropriate sheets. 7. Please note that changes or revisions to these plans may generate additional comments. Acceptance of these plans during the Technical Advisory Review Team (TART) process does not ensure that additional comments may not be generated by the Commission and at pennit review. 8. Full drainage plans, including drainage calculations, in accordance with the LDR, Chapter 6, Article IV, Section 5 will be required at the time of pennitting. BA YW ALK NWSP 06-017 CONDITIONS OF APPROVAL PAGE 2 DEPARTMENTS INCLUDE REJECT 9. Paving, drainage and site details will not be reviewed for construction acceptability at this time. All engineering construction details shall be in accordance with the applicable City of Boynton Beach Standard Drawings and the "Engineering Design Handbook and Construction Standards" and will be reviewed at the time of construction permit application. UTILITIES Comments: 10. All utility easements and utility lines shall be shown on the site plan and landscape plans (as well as the Water & Sewer Plans) so that we may determine which appurtenances, trees or shrubbery may interfere with utilities. In general, palm trees will be the only tree species allowed within utility easements. Canopy trees may be planted outside of the easement so that roots and branches will not impact those utilities within the easement in the foreseeable future. The LDR, Chapter 7.5, Article I, Section 18.1 gives public utilities the authority to remove any trees that interfere with utility services, either in utility easements or public rights-of-way. 11. Palm Beach County Health Department permits will be required for the water and sewer systems serving this project (CODE, Section 26-12). 12. Fire flow calculations will be required demonstrating the City Code requirement of 1,500 g.p.m. (500 g.p.m. some residential developments) with 20 p.s.i. residual pressure as stated in the LOR, Chapter 6, Article IV, Section 16, or the requirement imposed by insurance underwriters, whichever is greater (CODE, Section 26-16(b)), due at time of permitting. 13. The CODE, Section 26-34(E) requires that a capacity reservation fee be paid for this project either upon the request for the Department's signature on the Health Department application forms or within seven (7) days of site plan approval, whichever occurs first. This fee will be determined based upon final meter size, or expected demand. 14. Water and sewer lines to be owned and operated by the City shall be included within utility easements. Please show all proposed easements on the engmeenng drawings, usmg a nummum width of 12-ft. The Water Distribution and Sewage Collection System Plan Sheet reflects only two (2) 6-ft. wide utility easements on either side of the main roadway (ingress- egress), which does not cover the proposed water and sewage main lines. Please clarify. The easements shall be dedicated via separate instrument to the City as stated in CODE Sec. 26-33(a). 15. This office will not require surety for installation of the water and sewer utilities, on condition that the systems be fully completed, and given to the City Utilities Department before the first permanent meter is set. Note that BA YW ALK NWSP 06-017 CONDITIONS OF APPROVAL PAGE 3 DEPARTMENTS INCLUDE REJECT setting of a permanent water meter is a prerequisite to obtaining the Certificate of Occupancy. 16. A building permit for this project shall not be issued until this Department has approved the plans for the water and/or sewer improvements required to service this proiect, in accordance with the CODE, Section 26-15. 17. There are canopy trees specified within the utility easements throughout the proiect. Please correct. 18. Utility construction details will not be reviewed for construction acceptability at this time. All utility construction details shall be in accordance with the Utilities Department's "Utilities Engineering Design Handbook and Construction Standards" manual (including any updates) and will be reviewed at the time of construction permit application. FIRE Comments: NONE POLICE Comments: 19. Applicant shall provide a detailed photometric lighting plan. 20. All lighting shall be metal halide following IESNA Lighting standards. 21. Landscaping shall not conflict with lighting (to include long-term tree canopy growth). 22. Timer clock or photocell lighting for nighttime use shall be above or near entrvwavs. 23. Pedestrian scale lighting shall be used for all street and pedestrian walkways. It is suggested that interactive or lighting on demand be used in sensitive areas. 24. Numerical address: Shall be illuminated for nighttime visibility (dusk to dawn). Shall not be obstructed. 25. Residential Security: The door leading into a residential unit should be a solid core door and equipped with a single cylinder dead bolt lock (including garage door). When placing the order for a front door that will have a side pane window it should be placed on the opposite side of the door handle and lock making them unreachable. If front door has zero visibility to front entryway area, it should be equipped with a l80-degree peephole. Entry door BA YW ALK NWSP 06-017 CONDITIONS OF APPROVAL PAGE 4 DEPARTMENTS should open outward versus inward. All exterior doors should be equipped with security hinges. Anti lifting auxiliary locks should be installed on sliding doors and windows. Should be pre-wired for alarm system. There should be strategically placed directories with arrow indicators for buildings throughout the property at vehicle driver sight level. The directories should be placed at the ingress points. If benches in a park area are intended for nighttime use, adequate lighting should be provided for the area in which they are located. They should also be in open view to eliminate concealment areas. 26. CPTED conditions for construction site burglaries: Prior to issuance of the first building permit, the applicant shall prepare a construction site security and management plan for approval by the City's Police Department CPTED Official. The development/project manager, after site clearing and placement of construction trailer, shall institute security measures to reduce or eliminate opportunities for theft. The management plan shall include, but not be limited to, temporary lighting, security personnel, vehicle barriers, construction/visitor pass, reduce/minimize entry/exit points, encourage sub- contractors to secure machinery, tools at end of work day and or any other measure deemed appropriate to provide a safe and secure working environment. BUILDING DIVISION Comments: 27. Please note that changes or revisions to these plans may generate additional comments. Acceptance of these plans during the TART (Technical Advisory Review Team) process does not ensure that additional comments may not be generated by the commission and at permit review. 28. Place a note on the elevation view drawings indicating that the exterior wall openings and exterior wall construction comply with 2004 FBC, Table 704.8, or 2004 FBC, Residential, Section R302.2. Submit calculations that clearly reflect the percentage of protected and unprotected wall openings permitted per 2004 FBC, Table 704.8 or 2004 FBC, Residential, Section R302.2. 29. Buildings, structures and parts thereof shall be designed to withstand the minimum wind loads of 140 mph. Wind forces on every building or structure shall be determined by the provisions of ASCE 7, Chapter 6, and the provisions of 2004 FBC, Section 1609 (Wind Loads). Calculations that are signed and sealed by a design professional registered in the state of Florida shall be submitted for review at the time of permit application. 30. Every building and structure shall be of sufficient strength to support the loads and forces encountered per the 2004 FBC, Section 1607 and Table 1607.1. Indicate the live load (pst) on the plans for the building design. INCLUDE REJECT BA YW ALK NWSP 06-017 CONDITIONS OF APPROV AL PAGE 5 DEP ARTMENTS 31. At time of permit review, submit signed and sealed working drawings of the proposed construction. 32. To properly determine the impact fees that will be assessed for the one-story poolhouse, provide the following: Will the poolhouse be restricted to the residents of the entire project only? Will the residents have to cross any major roads or thoroughfares to get to the pooVc1ubhouse/recreation building/lease office? Will there be any additional deliveries to the site? Will there be any additional employees to maintain and provide service to the site? Please have the applicant provide the City with a copy of the letter that will be sent to the impact fee coordinator. To allow for an efficient permit review, the applicant should request that the County send the City a copy of their determination of what impact fees are required for the pooVc1ubhouse/recreation building/lease office. 33. CBBCPP 3.C.3.4 requires the conservation of potable water. City water may not, therefore, be used for landscape irrigation where other sources are readily available. 34. A water-use permit from SFWMD is required for an irrigation system that utilizes water from a well or body of water as its source. A copy of the permit shall be submitted at the time of permit application, F.S. 373.216. 35. If capital facility fees (water and sewer) are paid in advance to the City of Boynton Beach Utilities Department, the following information shall be provided at the time of building permit application: The full name of the project as it appears on the Development Order and the Commission-approved site plan. If the project is a multi-family project, the building numberls must be provided. The building numbers must be the same as noted on the Commission-approved site plans. The number of dwelling units in each building. The number of bedrooms in each dwelling unit. The total amount paid and itemized into how much is for water and how much is for sewer. (CBBCO, Chapter 26, Article IT, Sections 26-34) 36. At time of permit review, submit separate surveys of each lot, parcel, or tract. For purposes of setting up property and ownership in the City computer, provide a copy of the recorded deed for each lot, parcel, or tract. The recorded deed shall be submitted at time of permit review. 37. At time of building permit application, submit verification that the City of Boynton Beach Parks and Recreation Impact Fee requirements have been satisfied by a paid fee or conveyance of property. The following information INCLUDE REJECT BA YW ALK NWSP 06-017 CONDITIONS OF APPROVAL PAGE 6 DEPARTMENTS INCLUDE REJECT shall be provided: A legal description of the land. The full name of the project as it appears on the Development Order and the Commission-approved site plan. If the project is a multi-family project, the building numberls must be provided. The building numbers must be the same as noted on the Commission-approved site plans. The number of dwelling units in each building. The total amount being paid. (CBBCO, Chapter 1, Article V, Section 3(t)) 38. Add a general note to the site plan that all plans submitted for permitting shall meet the City's codes and the applicable building codes in effect at the time of permit application. 39. Pursuant to approval by the City Commission and all other outside agencies, the plans for this project must be submitted to the Building Division for review at the time of permit application submittal. The plans must incorporate all the conditions of approval as listed in the development order and approved by the City Commission. 40. The full address of the project shall be submitted with the construction documents at the time of permit application submittal. If the project is multi- family, then all addresses for the particular building type shall be submitted. The name of the project as it appears on the Development Order, must be noted on the building permit application at the time of application submittal. 41. If this project is located within the Downtown Stormwater Improvement Watershed. Therefore, appropriate fees must be paid to the City of Boynton Beach Utilities Department prior to the issuance of a building permit per the CBBCO, Chapter 26, Section 26-406. Proof of payment shall be submitted to the Building Division at the time of permit application submittal. P ARKS AND RECREATION Comments: 42. Park Impact Fee: 40 single family, attached units @ $771.00 each = $ 30,840.00 to be paid prior to issuance of first permit. FORESTER/ENVIRONMENT ALIST Comments: NONE PLANNING AND ZONING Comments: BA YW ALK NWSP 06-017 CONDITIONS OF APPROY AL PAGE 7 DEPARTMENTS INCLUDE REJECT 43. The applicant is responsible for compliance with Ordinance 05-060, the "Art in Public Places" program and must demonstrate their participation. Identify location of public art on site plan, if the intent is to place the art on site (as opposed to payment in lieu of). The fee associated with this program is required at the time of permitting. 44. A unity of title may be required. The Building Division of the Department of Development will determine its applicability. 45. The survey shows an existing billboard is located on site. Please indicate it's location on site plan and note it will be removed prior to the issuance of the first building permit. 46. Prior to the issuance of a building or land development permit, the applicant shall provide a copy of the homeowners' association documents for review and approval. 47. The dimension of the parking stalls, vehicular back-up areas, and dumpster enclosure location / orientation is subject to the Engineering Division of Public Works' review and approval. 48. Add note to plans that regarding solid waste disposal: garage units will have curbside garbage pickup in front of each unit, which units will have a group location for roll outs, and dumpsters for the remaining units. 49. To enhance the front building elevations, provide white light fixtures on each side of garage doors. 50. Provide details on plans which indicate location and type of pavers in streets and driveways, and type of pool deck material. 51. Revise white pool fence to match brown color of all other aluminum railing and fencing on site. 52. Revise perimeter wall detail (sheet SP-1) to include columns with caps at regular intervals. Only the columns and caps may exceed 6 feet in height (not continuous coping). Wall detail indicates "By Others". Please explain. 53. Consider working with your neighbor to the south (palm Cove) to utilize their perimeter wall rather than building one immediately adjacent to it. 54. Equipment placed on the walls of the buildings shall be painted to match the building color (Chapter 9, Section 10.CA.). Place a note on the elevations indicating this requirement. 55. Staff recommends additional architectural treatments (wooden shutters, BA YW ALK NWSP 06-017 CONDITIONS OF APPROY AL PAGE 8 DEPARTMENTS INCLUDE REJECT trellises, windows, etc.) to the side elevations visible from Federal Highway, to alleviate large areas of blank wall. In addition, provide a supplemental drawing that shows the east elevation (along Federal Highway) that depicts the buildings, fences, and plant material at time of planting. 56. Fifty percent (50%) of all site landscape materials must be native species (Chapter 7.5, Article II, Section 5.P). Please categorize plant material into the following categories: Canopy trees, Palm trees, Shrubs, and Groundcovers. Revise landscape plan to indicate the total quantities within each category and the percentage of native speCies within each category (minimum of 50% in each category is met). 57. All shrubs and hedges are required to be at minimum 24 inches in height, 24 inches in spread, and planted with tip-to-tip spacing measured immediately after planting to adequately cover the planted areas on the site (Chapter 7.5, Article II, Section 5.C.4. 58. Revise landscape plan to indicate hedges in perimeter buffers along north and south property lines as continuous, solid visual screens per code requirements. 59. Lighting shall not be of an intensity that produces glare on adjacent property (Chapter 9, Section 10.F.2. 60. The sign structure must be located at least 10 feet from any property line and surrounded by two colorful varieties of shrubs and two colorful varieties of groundcover. Staff recommends that the sign be externally lit, with ground up-lighting. Revise sign details to comply with the requirements of Chapter 21, Article IV, Section l.D. of the Land Development Regulations. 61. The landscape plan notes indicate that non-potable water will be used as the source of irrigation for the project. However, if the non-potable water source proves to be too brackish, and potable water has to be used for irrigation purposes, then the use of drought-tolerant species shall be utilized, and water conserving irrigation techniques be applied such as a drip system. CRA STAFF Comments: NONE ADDITIONAL COMMUNITY REDEVELOPMENT AGENCY BOARD CONDITIONS Comments: To be determined. ADDITIONAL CITY COMMISSION CONDITIONS BA YW ALK NWSP 06-017 CONDITIONS OF APPROVAL PAGE 9 DEPARTMENTS INCLUDE REJECT Comments: To be determined. MWRIkz S:\Planning\SHARED\WP\PROJECTS\Southern Homes of Palm Beach\Baywalk (fka Oceanside)\NWSP 06-017\COAdoc DEVELOPMENT ORDER OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA PROJECT NAME: Baywalk APPLICANT: Southern Homes of Palm Beach V, LLC APPLICANT'S AGENT: Carlos Ballbe, Carlos J. Ballbe, P.A. AGENT'S ADDRESS: 4401 W. Tradewinds Ave, Suite 201, Lauderdale by the Sea, FL 33308 DATE OF HEARING RATIFICATION BEFORE CITY COMMISSION: October 3, 2006 TYPE OF RELIEF SOUGHT: Request new site plan approval to construct 40 townhouse units on a 2.26-acre parcel in the Infill Planned Unit Development (IPUD) zoning district. LOCATION OF PROPERTY: 3103 North Federal Highway (see Exhibit "A" - Location Map) DRAWING(S): SEE EXHIBIT "B" ATTACHED HERETO. TH IS MATTER came on to be heard before the City Commission of the City of Boynton Beach, Florida on the date of hearing stated above. The City Commission having considered the relief sought by the applicant and heard testimony from the applicant, members of city administrative staff and the public finds as follows: 1. Application for the relief sought was made by the Applicant in a manner consistent with the requirements of the City's Land Development Regulations. 2. The Applicant HAS HAS NOT established by substantial competent evidence a basis for the relief requested. 3. The conditions for development requested by the Applicant, administrative staff, or suggested by the public and supported by substantial competent evidence are as set forth on Exhibit "C" with notation "Included". 4. The Applicant's application for relief is hereby _ GRANTED subject to the conditions referenced in paragraph 3 hereof. DENIED 5. This Order shall take effect immediately upon issuance by the City Clerk. 6. All further development on the property shall be made in accordance with the terms and conditions of this order. 7. 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I Consent Agenda Old Business New Business I X Public Hearing Other SUBJECT: Site Plan Time Extension Peninsula SUMMARY: The applicant is requesting a six-month site plan time extension pursuant to the Land Development Regulations for The Peninsula development located 2649 N. Federal Highway. As proof of their good faith efforts in developing the project, the applicant has purchased the property, obtained South Florida Water Management permits, submitted for building permits, paid the application fees for utility capacity reservations and paid impact fees in the amount of$315,763. FISCAL IMPACT: None. RECOMMENDATIONS: Approve applicants request for a six-month site plan time extension for The Peninsula development. "-t{A~~ Vivian L. Brooks CRA Planning Director T:\AGENDAS, CONSENT AGENDAS, MONTHLY REPORTS\CompJeted Agenda Item Request Forms by Meeting\06 09 12 CRA Board meeting\Peninsula site extension,doc TO: THRU: FROM: DATE: PROJECT: REQUEST: DEVELOPMENT DEPARTMENT PLANNING AND ZONING DIVISION MEMORANDUM NO. PZ 06-153 Chair and Members Community Redevelopment Agency Board Michael Rumpf)rV-e--- Director of Planning and Zoning Kathleen Zeitler In . Planner ~ September 5, 2006 The Peninsula at Boynton Beach (SPTE 06-007) Site Plan Time Extension Property Owner: Applicant I Agent: Location: Existing Land Use: Existing Zoning: Proposed Land Use: Proposed Zoning: Proposed Uses: Acreage: Adjacent Uses: North: South: East: West: PROJECT DESCRIPTION Waterbrook Development, LLC Tom Yianilos with Waterbrook, Inc. 2649 North Federal Highway (see Location Map - Exhibit "AfT) Special High Density Residential (SHDR - 20 dujac) Inti" Planned Unit Development (IPUD - 20 dujac) No change proposed No change proposed 30 fee-simple townhouse units and 40 multi-family (condominium) dwelling units 3.51 acres (152,974 square feet) Developed commercial property within the Town of Hypoluxo, designated Residential- Multiple Family (RH) land use and zoned Commercial Marine (CM); Vacant property designated Special High Density Residential (SHDR) and zoned Inti" Planned Unit Development (IPUD) (forthcoming Casa del Mar project); Right-of-way for the Intracoastal Waterway; and Right-of-way for U.S. 1 and then right-of-way for Florida East Coast Railroad. Page 2 Memorandum No. PZ 06-153 The Peninsula SPTE 06-007 BACKGROUND Mr. Tom Yianilos with Waterbrook, Inc. (owner/developer) is requesting a six (G)-month site plan time extension for The Peninsula at Boynton Beach Site Plan Development Order (NWSP 05-013), which was approved by the City Commission on July 5,2005. The site plan approval is valid for one (1) year from the date of approval. If this request for a six (G)-month time extension were approved, the expiration date of this site plan, including concurrency certification would be extended to January 5, 2007. The subject property is located within the Federal Highway Corridor Community Redevelopment Plan Study Area I. According to the original site plan staff report, the proposed Peninsula at Boynton Beach is an Infill Planned Unit Development approved for 30 fee-simple townhouse dwelling units and 40 multi-family (condominium) dwelling units. The project has been approved for the following: a Land Use amendment (LUAR 05-004) from Local Retail Commercial (LRC) and High Density Residential (HDR) to Special High Density Residential (SHDR - 20 du/ac) classification, a Rezoning (LUAR 05-004) from Community Commercial (C-3) and Multi-Family Residential (R-3) to Infill Planned Unit Development (IPUD) zoning district, and a new Site Plan (NWSP 05-013). The entire project would be built in one (1) phase starting with the condominium building (40 units) followed by townhouses (30 units). The 70 units are proposed within seven (7) separate buildings on the 3.51-acre site (see Site Plan - Exhibit "B"). According to the floor plans, each townhouse building would have five (5) units. Each unit proposed within the two (2) story townhouse buildings (Buildings 100 and 200) would have 3-bedrooms and private backyards that would be large enough to accommodate a small-sized swimming pool. The number of bedrooms proposed within each three (3)-story townhouse building (Buildings 300 through GOO) would range between two (2) bedrooms and four (4) bedrooms. Finally, the four (4) story condominium with building with understory parking would have a mix of two (2) and three (3) bedroom units. The recreation area would be located at the eastern portion of the development overlooking the Intracoastal Waterway. It would include a 1,285 square foot cabana building and a swimming pool. The design of the proposed buildings / clubhouse resemble a mixture between a Spanish-Mediterranean style with its smooth stucco finish and S-tile roof, and a modern design with its decorative green Metropolis shutters, decorative railings, multi-color awnings, and pre-cast decorative columns and accents. The exterior walls of the buildings would consist of the following colors: dark brown, brown, yellow, light yellow, and cream. Since approval of The Peninsula at Boynton Beach, the adjacent property to the south has been similarly rezoned to IPUD for the Casa del Mar project which proposes a total of 42 town homes and 40 condominiums. Both projects require a perimeter landscape buffer along their common property line which includes the requirement for a six (G) foot masonry wall within each buffer. The Casa del Mar project was approved with a condition of approval which states as follows: "Staff recommends working with your neighbor to the north (Peninsula) to utilize their perimeter wall rather than building one immediately adjacent to it". These forthcoming adjacent IPUD's will provide an opportunity for redevelopment in a highly visible entrance corridor to the City. ANALYSIS According to Chapter 4, Section 5 of the Land Development Regulations, "the applicant shall have one (1) year to secure a building permit from the Development Department". Examples of building permits include but are not limited to the following: Plumbing, electrical, mechanical, foundation, and structural. The Regulations authorize the City Commission to approve site plan time extensions up to one (1) year, provided that the applicant files the request prior to the expiration date of the development order. In this case, the Page 3 Memorandum No. PZ 06-153 The Peninsula SPTE 06-007 applicant has met that requirement. The Planning & Zoning Division received the application for time extension on May 26, 2006, a total of 40 days prior to the expiration date of the new site plan. The applicant states that the original plan called for townhomes, but changed during the site plan process to include condominiums as well. The design process started with an architectural firm that specializes in homes and townhomes, but after the addition of condominiums, a second architectural firm had to be retained for the permit drawings for the condominium building. The applicant's justification statement explains that it took them longer (from July, 2005 site plan approval to March, 2006 building application submittal) to complete their working drawings for the 7 proposed buildings due to the addition of a second architectural firm. According to the justification submitted for the requested time extension, the applicant lists the following accomplishments as demonstrating their "good faith" efforts in securing a building permit for the project: (1) purchased property in September, 2005; (2) relocated 21 mobile home residents; (3) obtained South Florida Water Management District permit (#50-07266 issued in February, 2006); (4) submitted for building permits (site, townhouse buildings 1-6, condominium building, clubhouse); paid application fees for utility capacity reservations (water and sewer); and paid impact fees in the amount of $315,763.42. The applicant has submitted revised building permit drawings which are now undergoing a second review. The applicant expects that the issuance of building permits is imminent, and requests a six (6) month site plan time extension. A more formal criterion for evaluating requests for time extensions is compliance with (traffic) concurrency requirements. The Palm Beach County Traffic Division approved the traffic study for The Peninsula at Boynton Beach project based on a total of 70 proposed residential units. Based on the Traffic Division's review, it has been determined that the project is located within the Coastal Residential Exception Area of Palm Beach County which exempts residential units from traffic concurrency requirements, and the project meets the Traffic Performance Standards of Palm Beach County. No building permits are to be issued after the build-out date of 2007. The site plan time extension is still subject to the original 47 conditions of site plan approval. Lastly, no new land development regulations are now in place against which the project should be reviewed and modified. As for application of the Art in Public Places ordinance, site plan approval occurred prior to adoption of Ordinance 05-060. SUMMARY I RECOMMENDATION Staff recommends approval of this request for a six (6)-month time extension of the site plan (NWSP 05-013) for The Peninsula at Boynton Beach project. If this request for extension were approved, the expiration of this site plan, including concurrency certification, would be extended to January 5,2007. Staff is generally in favor of the redevelopment efforts represented by the approved site plan, which serves to promote the goals of the Community Redevelopment Agency and the Federal Highway Corridor Community Redevelopment Plan toward greater residential uses in this area and economic revitalization. The proposed Peninsula at Boynton Beach project will provide an opportunity for redevelopment in a highly visible entrance corridor to the City, increase the value of adjacent and nearby properties, and contribute to the overall economic development of the City. In addition, the Peninsula project is proposed at a scale and massing that will provide a transition into the downtown area and provide a variety of housing on site. If this request for site plan time extension is approved, all outstanding conditions of approval from the original site plan must still be satisfactorily addressed 1uring the building permit process. Any additional conditions recommended by the Board or City Commission shall be documented accordingly in the Conditions of Approval (see Exhibit "c''). S:\Planning\SHARED\WP\PROJEcrS\Peninsula @ Boynton Beach\SPTE 06-007\Staff Report.doc ... c/ 1 in. = 181.0 feet IItI .22D .21. ..tI .... .12. U4. .tl. 12.. 12.. Uti .4.. .Ut .U. .12. .41. .411 .44. U5I UII .,.. .,21 17.. 172. .n. 17.. .12. ..4. .... .Ii. t... .... 1251 U'. UID tt4. U2. t... tUG ~ ~ EXHIBIT "A" - Location Map EXHIBIT B J: STA TE :lI FEDERA ROAD 5 ~ (Y.O.O.T./f/ru"J HIGHWA Y (u . . SEcna. 1130'0-250' . S. 1) '" [ 0 I II N . SHEEr J ~ 7) 264S N. FEO~ . 1;, L f.IW'r. ~r II J'" ~ .;; ~ . ~~~D~. "",; COLESTOCK CSt MUIR t I I. ~: ~ ARCHITECTS, P .A. .. .. 04...N. .....HWI'.. ~ 0.... -.oc.......,.... "" ......t . I _ =-~'::""..:.:::". _':'':"~';'r~ EXHIBIT "e" Conditions of Approval Project name: The Peninsula at Boynton Beach File number: SPTE 06-007 Reference: DEPARTMENTS INCLUDE REJECT PUBLIC WORKS- General Comments: None PUBLIC WORKS- Traffic Comments: None UTILITIES Comments: None FIRE Comments: None POLICE Comments: None ENGINEERING DIVISION Comments: None BUILDING DIVISION Comments: None PARKS AND RECREATION Conunents; None FORESTER/ENVIRONMENT ALIST Comments: None PLANNING AND ZONING Comments: 1. The site plan time extension shall be subject to all previous Conditions of Approval. Conditions of Approval 2 I DEPARTMENTS I INCLUDE I REJECT I ADDITIONAL COMMUNITY REDEVELOPMENT AGENCY BOARD CONDITIONS Comments: To be determined. ADDITIONAL CITY COMMISSION CONDITIONS Comments: To be determined. S :\Planning\SHARED\ WP\PROJECTS\Peninsula\SPTE\COA.doc DEVELOPMENT ORDER OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA PROJECT NAME: Peninsula at Boynton Beach APPLICANT'S AGENT: Thomas Yianilos, Waterbrook, Inc. APPLICANT'S ADDRESS: 715 E. Hillsboro Boulevard, Deerfield Beach, FL 33441 DATE OF HEARING RATIFICATION BEFORE CITY COMMISSION: October 3,2006 TYPE OF RELIEF SOUGHT: Request a six (6) month site plan time extension to construct 30 fee- simple townhouse units and 40 condominium units on 3.51 acres in the IPUD zoning district LOCATION OF PROPERTY: On the east side of U.S. 1, approximately 1,600 feet north of Gateway Boulevard DRAWING(S): SEE EXHIBIT "B" ATTACHED HERETO. THIS MATTER came on to be heard before the City Commission of the City of Boynton Beach, Florida on the date of hearing stated above. The City Commission having considered the relief sought by the applicant and heard testimony from the applicant, members of city administrative staff and the public finds as follows: 1. Application for the relief sought was made by the Applicant in a manner consistent with the requirements of the City's Land Development Regulations. 2. The Applicant HAS HAS NOT established by substantial competent evidence a basis for the relief requested. 3. The conditions for development requested by the Applicant, administrative staff, or suggested by the public and supported by substantial competent evidence are as set forth on Exhibit "C" with notation "Included". 4. The Applicant's application for relief is hereby - GRANTED subject to the conditions referenced in paragraph 3 hereof. DENIED 5. This Order shall take effect immediately upon issuance by the City Clerk. 6. All further development on the property shall be made in accordance with the terms and conditions of this order. 7. Other DATED: City Clerk J:\SHRDATAIPlanning\SHARED\WP\PROJECTS\Peninsula@ Boynton Beach\SPTE 06-007\DO.doc IX. OLD BUSINESS: A. DISCUSSION OF OCEAN BREEZE 11~~Y~Te~ eRA Ii East Side-West Side-Seaside Renaissance BOYNTON BEACH CRA AGENDA ITEM STAFF REPORT eRA BOARD MEETING OF: September 12,2006 AGENDA ITEM: IX. A. I Consent Agenda I Old Business New Business Public Hearing Other SUBJECT: Discussion of Ocean Breeze Incentives SUMMARY: The CRA board has entered into a Direct Incentive Agreement with Boynton Associates, the developer of the Ocean Breeze project located in the Heart of Boynton for a total of$I,255,887 over a ten year period. Since that time, Boynton Associates has obtained soft construction estimates that exceeded the amount originally budgeted. The developer is seeking additional assistance from the CRA in order to move forward with development of the project. This opens up an opportunity to gain a more substantial and better designed redevelopment project in the Heart of Boynton. Two events have occurred that have the potential to make Ocean Breeze a landmark project for the Heart of Boynton. First, the City Commission approved in concept the ability to rezone to the IPUD designation Citywide. This would permit an increase in density on the site from 10.8 dulac to 20 du/ac. IPUD zoning criteria is more flexible regarding setbacks allowing the buildings to front Seacrest. Secondly, the CRA has been able to come to an agreement with the seller of the property immediately in front of Phase I along Seacrest. Staff feels that a redesigned Ocean Breeze project has the potential to become a catalyst for the area and therefore merits further assistance from the CRA. Staff along with the TIF consultant, Greg Oravec, and the CRA attorney is recommending the following assistance package and terms: a. City and CRA agree to promptly consider any request for rezoning on Phase I & II which City and CRA understand will be sought to SHDRlIPUD 20 dulac, as currently requested. b. CRA agrees to buy 20 units in Phase I and can assign their contracts subject to the deed restrictions required of the existing DIF A. Once these units are sold to the CRA, the requirements of the DIF A will have been met: · 20 units at $265,000. c. CRA buys and contributes the Peter property and two additional properties to enable a further enhanced site plan and to maintain the approximate unit count while adding amenities. This incentive is contingent upon the CRA being able to acquire the desired parcels through good- faith voluntary acquisition. T:\AGENDAS, CONSENT AGENDAS, MONTHLY REPORTS\Completed Agenda Item Request Forms by Meeting\06 09 12 CRA Board meeting\Ocean Breeze assistance.doc 1~~~Y~T2~ eRA iIi East Side-West S.,de-Seaside Renaissance BOYNTON BEACH CRA AGENDA ITEM STAFF REPORT RECOMMENDA TIONS: Authorize staff and legal to draft a development agreement for the review and consideration of the Board at its next scheduled meeting in October. C~;fdflpL eRA Planning Director T:\AGENDAS, CONSENT AGENDAS, MONTHLY REPORTS\Completed Agenda Item Request Forms by Meeting\06 09 12 CRA Board meeting\Ocean Breeze assistance.doc 11~~Y~T8~ eRA Ii East Side-West Side-SeasIde RenaISsance BOYNTON BEACH eRA AGENDA ITEM STAFF REPORT d. CRA will budget or obtain City credit in the amount of $1.5 million for project and/or infrastructure fees associated with the development of Phase I. e. Project to be put on CRA/City Fast Track for sought after approvals. f. Parties agree to a mutually acceptable site plan and unit typology. The site plan and rendering would become exhibits to the Proposed Redevelopment Agreement. g. Parties agree to a mutually acceptable Project Schedule. h. The Redevelopment Agreement must include give the CRA Board the specific right, but not the obligation, to approve of any successor or assign of the Developer. 1. CRA security for release of demolition lien and waiver of costs in the event of developer breach or non-performance to be determined and included in development agreement. Ocean Breeze Recommended Direct Financial Incentives for Developer Incentive T e Sim Ie Cash Value Notes Demolition of Structures 371,000 CRA Purchase of 20 units 20 units 265,000 $ 540,000 CRA Purchase of Peter Pro e $ 470,000 CRA Purchase of Additional Pro erties $ 500,000 2 CRA Payment of Development Fees, Impact Fees, Other Fees and Infrastructure 1m rovements $ 1,500,000 Total $ 3,381,000 I Approximation of amount to actually be expended by the CRA, consisting of $25,000 per unit for HAP grant in $40,000 in interest/miscellaneous expenses. 2 Estimate. FISCAL IMPACT: Funds are available from Bond II proceeds. T:\AGENDAS, CONSENT AGENDAS, MONTHLY REPORTS\Completed Agenda Item Request Forms by Meeling\06 09 12 CRA Board meeling\Ocean Breeze assistance doc IX. OLD BUSINESS: B. HOB RESIDENTIAL IMPROVEMENT GRANT PROGRAM GUIDELINES ~<iY~T8~ East Side-West S",de-Seaside Renaissance BOYNTON BEACH CRA AGENDA ITEM STAFF REPORT eRA BOARD MEETING OF: September 12,2006 AGENDA ITEM: Consideration of the HOB Residential Improvement Grant Program Guidelines I Consent Agenda I X I Old Business New Business Public Hearing Other SUBJECT: HOB Residential Improvement Grant Program Guidelines SUMMARY: At its August meeting, the eRA Board approved the HOB Work Program 06/07. One of the components in the work program is a residential improvement grant. Staff is recommending that this grant replace the existing Residential Fa9ade Grant Program which was not used at all in fiscal year 05/06. The HOB Residential Improvement Grant will be limited to the HOB community. Maximum funding proposed is $20,000. No match will be required as staff as had feedback from the community that this is the main reason the existing grant program is not utilized. The grant may be used for all existing residential structures including rental structures if there are no code violations on the property. Family income may not exceed 120% of median household income. Improvements are not limited to the external portion of the residence as in the existing program. FISCAL IMPACT: The amount approved for this program in the HOB Work Program 06/07 is $440,000 from proceeds of Bond II. $25,000 to the Boynton Beach Faith Based CDC is recommended to administer the program. These funds will come from general revenue. RECOMMENDA TIONS: ~UVal o[the attached HOB Residential hnprovement Grant Program Guidelines. ViVian Brooks eRA Planning Director T:\AGENDAS, CONSENT AGENDAS, MONTHLY REPORTS\Completed Agenda Item Request Forms by Meeting\06 09 12 CRA Board meeting\HOB Residential Imp grant.doc 2006/2007 HEART OF BOYNTON RESIDENTIAL IMPROVEMENT GRANT PROGRAM GUIDELINES The following guidelines are intended to define the extent and scope of the program. The purpose of the program is to assist property owners with the improvement of their existing residential property. The goals of the program are to stabilize the community, allow residents to remain in their properties, bring properties up to current building code, improve and upgrade the appearance of the area, and facilitate and encourage redevelopment activity in the Heart of Boynton community. The following guidelines are applicable to this program: 1. The program is available only for property located within the Heart of Boynton neighborhood. See attached HOB Neighborhood Map. 2. The program is for existing residential properties. Rental or income properties are eligible if there are no outstanding City or County code enforcement or other liens on the property. Applicant must supply proof of ownership by providing a copy of the recorded warranty deed. 3. Eligible improvements for this program include: · Fac;ade reconstruction and/or architectural Improvements; · Painting, interior and exterior; · Hurricane shutters; · Awnings/canopies; · Doors (interior and exterior) and windows (repair and/or replacement); · Landscaping; · Irrigation; · Driveway re-paving and/or re-sealing; · Exterior lighting; · Exterior wall repairs (e.g. stucco, brick or wood repairs and replacement); · Roof repair or replacement; · Electrical system upgrade, including security alarm systems; · Plumbing system upgrade, including bathroom fixtures; · Repair or replacement of air conditioning system; · Drywall repair or replacement; · Alterations to make the home handicap accessible; · Repair or replacement of kitchen cabinets, sink, appliances, etc. · Removal of debris; · Correction of code violations. Boynton Beach Community Redevelopment Agency HOB Residential Improvement Grant Application Revised 08/20/06 4. All work must be in compliance with applicable Boynton Beach Building Codes and all contractors must be licensed in Boynton Beach and/or Palm Beach County. 5. Applicants shall not have an income greater than 120% of Palm Beach County median household income relative to family size. Applicant shall submit income tax returns, W-2's, etc. to verify income. 6. Applicants must apply for the program through the Boynton Beach Faith Based Community Development Corp. If the grant application is approved, administration of the grant shall be through the Boynton Beach Faith Based Community Development Corp. 7. No work to be covered by CRA grant funds may begin prior to the approval of the grant application by the CRA Board. 8. The Residential Improvement Grant program may only be used one time in a five year period for anyone property. Property owners may re-apply for additional grants any time after five years from date of previous grant approval. 9. APPLICATION TO THIS PROGRAM IS NO GUARANTEE OF FUNDING. FUNDING IS AT THE SOLE DISCRETION OF THE CRA BOARD. APPLICATION PROCESS FOR RESIDENTIAL FACADE IMPROVEMENT GRANT PROGRAM 1. An applicant seeking a grant may secure an application from the Boynton Beach Faith Based Community Development Corporation, located at: 2191 N. Seacrest Blvd. Boynton Beach, FL 33435 561-752-0303 Office hours Monday - Friday 8:00 AM to 5:00 PM. 2. Applicant shall obtain, read, and understand all aspects of the Residential Improvement Grant Program and execute the Grant Agreement. 3. One original application unbound and eight (8) copies of all materials are to be returned by the 15th of the month prior to the CRA Board meeting to the Boynton Beach Community Redevelopment Agency for review and approval by the CRA Board. Applications must be submitted and properly time stamped to document receipt by the CRA. 4. Upon approval, appropriate grant program documents will be prepared in the CRA office and the applicant will be notified of approval by return mail. 5. In most cases, CRA funds will be paid directly to the contractor providing the improvements upon completion of work. Verification of completion of work shall be provided along with a request for payment to the CRA. The CRA shall have 30 days to reimburse grant funds. Boynton Beach Community Redevelopment Agency HOB Residential Improvement Grant Application Revised 08/20106 6. Applicant shall not have an outstanding City of Boynton Beach lien against their property. In the event that an Applicant has an outstanding City of Boynton Beach lien against the property, the grant will not be awarded until the lien is satisfied. However, CRA funds may be used to correct code violations on owner occupied properties solely at the discretion of the CRA. Boynton Beach Community Redevelopment Agency HOB Residential Improvement Grant Application Revised 08/20/06 HEART OF BOYNTON RESIDENTIAL IMPROVEMENT GRANT PROGRAM APPLICATION Date: Applicant Information Name/s of Applicantls: Address of Applicant: Phone Number: Cell Phone Number: E-mail: Total Household Income (must be verified with income tax returns) $ How many members in your household? Please list their names, ages and relationship to applicant: Name: Age: Relationship: Name: Age: Relationship: Name: Age: Relationship: Name: Age: Relationship: Name: Age: Relationship: Property Information Property Control Number: Is the Property Homesteaded? Yes No Do the applicants reside in the property to be improved? Yes No If yes, how long have you lived in the home? Is the property a rental? Yes No Boynton Beach Community Redevelopment Agency HOB Residential Improvement Grant Application Revised 08/20/06 If yes, is it currently occupied? Yes _ No How many rental units are on the property? Are there code violations on the property? Yes _ No What improvements are you proposing to make to the residence? Please list all. IlWe have read the program guidelines and hereby submit this application to the HOB Residential Improvement Grant Program. IlWe agree to abide by the program rules and Agreement. Applicant: Applicant: Print Name: Print Name: Date: Date: Boynton Beach Community Redevelopment Agency HOB Residential Improvement Grant Application Revised 08/20/06 Documentation Needed to Process Application: 1. Copy of recorded warranty deed. 2. Copy of proof of homestead exemption (tax bill). 3. Copy of homeowners insurance declaration pages (wind, liability, etc.). 4. Copy of the last 2 years tax returns for all adults living in the residence. If rental, a copy of the last 2 years tax returns of owner. 5. Copy of code violation notices, if applicable. 6. Copy of estimates from licensed contractors for improvements. 7. Photos of residence and areas of the home to be improved, i.e.; roof, kitchen, bath, etc. 8. Letter from the Boynton Beach Faith Based Community Development Corp. requesting a grant on behalf of the applicant along with all required documentation. Boynton Beach Community Redevelopment Agency HOB Residential Improvement Grant Application Revised 08/20/06 Heart of Boynton Map I J \ I NORTH I'fll\ I "~DUJj uu I I I ,j.j! II IIIIII l Lj1, ~-I'ITTIf II I WT rll,' ~ f .. I',jllll I DITIIIIID~ _ U U I 1I1llH 121H 101 \ I', 1', I I'nl Tj LllillD OJIITIIJ 1--_ . m 1,/ ~ -IIfTIIiIfffiWI II I \ I \ I \ \ OIIIIIn - I II', \ ~ H t= l- :rn::nmrr:rmlu.llLLJ WJJ.IID b- I I T~h ' I 1-.-1 \ \ I ~BtJIW1~u(['~~ .1:, II: 11 [1ijltir 101111 II II III III 0: I CI1~~ 1 f!{f,Jl'r!lf 'nlJIII .l[-. Tn=-nTln1TJTn ~ //~&~ 8TH N 1III,oamm I ~ ~_"~rt~~jll )~~l~ ~ l~' ~~ arilffi ~ -- \IJJIJ - ~ l$ ~ ~, _~ / 1 II II' I \ t= DltlllJ i1'Ti \ H tI1IJ " v-:n = ~=UTI~~w=n=\~~ U f- J-rJ - = UJMJ, ~~ [ \ I \ I I 11 '- I -< 51 ' :::t I g - ~~ =[ I - ~ -, ~ _~ l j ~ n~[J]J]]J~~OO:\W~ n \ .~ >-HElr '-~ [E '/ g . OIIID -- Sf~,) ~ ~~1~1 ~ 3 i--- Ir. T -1 ----- ~ 'It OJillIJ ~ -1~1 \ \ ~ --_ J \ Jl If T T:J - r' '\.. I r ;T \ I I~/' - 'll.T"rTTl=laH I ~1I[1T11~ r ~n:-1D[[[J]~ [I]] \ L~-r " n I rr--Ji ~ ,h-f-lr-riIH+nd \ n r-,---j ~ ,_, r-,---, ~, , , , I rlf \ ':Z Boynton Beach Community Redevelopment Agency HOB Residential Improvement Grant Application Revised 08/20/06 IX. OLD BUSINESS: C. REVISION TO HOMEBUYERS ASSISTANCE PROGRAM ~qYNr2~ "r.~, 1"""4":"" f'" /,,- ~ .> "')\ F.,..,c ";." , '~, .' '. '. ,':,' . A .LfNv~. East Side-West S.'de....Seaside Renaissance BOYNTON BEACH CRA AGENDA ITEM STAFF REPORT eRA BOARD MEETING OF: September 12,2006 AGENDA ITEM: IX.C. I Consent Agenda I X Old Business New Business Public Hearing Other SUBJECT: Revisions to the Homebuyers Assistance Program SUMMARY: CRA staff has received a request from The Cornerstone Group (TCG) to partner with the CRA to make up to 50 of its town home units at The Preserve affordable. TCG is proposing two different scenarios. In the first scenario, TCG will apply for $5M of funding from the Community Workforce Innovation Pilot Program through the Florida Housing Finance Corp. If TCG is successful in securing this funding they will write down the cost of 50 units from $280,000 to $180,000. Adding the CRA' s Homeownership Assistance Program funds will further reduce the per unit cost to $130,000. If TCG is not successful in securing the Community Workforce funds, they propose that 25 units are made affordable using $2.5M of Homebuyers Assistance Funds which will reduce the cost of the units from $280,000 to $180,000. The strength of this request to partner with TCG is that the development is currently being built. Thus, the CRA will be able to assist families immediately. However, as the Homebuyers Assistance Program is currently designed, the CRA could not participate since its funds must layer funds on top of the City's SHIP funds. The City requires that SHIP funds be used in the following ratios: 30% for very low income -MHI cannot exceed $32,200 40% for low income - MHI must fall between $32,201 - $$51,520 30% for moderate income - MHI must fall between $51,521 _ $77,280 Given the huge gap that exists between the cost of housing and wages ($202,228 in Boynton Beach) very low and low income persons are unlikely to be able to afford to purchase a home even with SHIP and r:::RA subsidy. Most of the demand for down payment assistance comes from moderate income families. T:\AGENDAS, CONSENT AGENDAS, MONTHLY REPORTS\Completed Agenda Item Request Forms by Meeting\06 09 12 CRA Board meeting\HAP revisions. doc ~.qYN.l2~. ./1"-0......'..1...:' /\ A ~.;. ,\~ !~, ~,.; y x.. East Side-West Side-Seas'lde Rena',ssance BOYNTON BEACH CRA AGENDA ITEM STAFF REPORT The amount of down payment assistance the City has available for fiscal year 06/07 for all tpree income levels is estimated at $605,770, of which only $181,731 can be used for moderate income families. To date, the City is already into its 06/07 moderate funds and there is a waiting list. In order to assist more families in homeownership, CRA staff is recommending that language be added to the Homebuyers Assistance Program that permits the funds to be used without a match from SHIP funds. FISCAL IMPACT: None. Funds are already budgeted from Bond II for the Homebuyers Assistance Program. RECOMMENDA TIONS: Approve the amendment to the Homebuyers Assistance Program and direct staff to begin negotiations with The Cornerstone Group to create between 25 - 50 affordable homeownership opportunities at The Preserve, ~~ Vivian L. Brooks eRA Planning Director T:\AGENDAS, CONSENT AGENDAS, MONTHLY REPORTS\Completed Agenda Item Request Forms by Meeting\06 09 12 CRA Board meeting\HAP revisions. doc Affordability gap The median-priced home in Palm Beach County in the first quarter of this year ($392,900) costs $209,471 more than households earning the median income can afford. Here's a breakdown of some municipalities in the county. : 2005 median Affordable home Median home price Affordablllty gap household income price at median 1st quarter '06 at median $26,628 $75,149 $7~,OoO $2,149 $70,626 $238,580 $510,000 ($271,4.20) $46, 709 $i47,772$~'Q;Ooo''(lal~ilJ;': $40,540 $131,387 N/A N/A $50,842 $161,622 $479,()OO ($317,37&) $46,304 $152,687 N/A N/A $43,304 $137,983$375,000($237,017) $59,377 $190,406 NjA NfA $58,946 $199,096 N/A.WA $64,410 $215,181 $487,500 ($272,319) $39,837 $120,684 $237,100 ($i~G,'416) $35,207 $106,156 $310,000 ($?03,~44) $41,785 $130,937 $235,500 ($104,~) $38,526 $127,937NjA N/A $62,321 $204,332 $530,000 ($325;~) $31,335 $92,000 $110,000 ($18,000) $11 0,852 $374,431 $512.500 ($1$l\,()Q$) $70,073 $232,255 $549,900 ($317,645) $55,438 $179,580 $f)27,0Q0 (~47;4~) $42,232 $134,861 $246,450 ($111,589) $3,7642 $114,201 $190,000 ($75.7") $64,200 $216,866 $371,000 ($154,134) $27,616 $78,628 N/A N/A' $46,158 $146,660 NjA NjA $68,958 $226,817 $615.000 ($3",183) $82,376 $276,336 $470,000 ($193,664) $43,109 $134,146 $310,000 ($175,854) $52,825 $183,429 $392,900 ($209,471) Municipality lilelteGfade* Boca Raton * ** i~i,G_~:'seaQ~"'.** Briny Breezes'" * DelrevSeach Glen Ridge** '_acres * Haverhil/* * Hyp0ltJX0** Jupiter* * * Ulf<<tPark* Lake Worth*** Lantana '" Mangonia Park** North Palm Beach* Pahokee* P~m'lB'6ach* Palm Beach Gardens* * * Pa~mBeach Shores* Palm Springs* RiViera Beacf:J * * * Royal Palm Beach*** $Oldth Bay* South Palm Beach * * Teqwesta* Welfington*** West Patm Beach h* Palm Beach County · Because of the low amount of sales, the median sales price was calculated based on sales from January 2005 to March 2006. .. No sales as of March 2006 ... Median based on sales from January to March 2006 Source: Palm Beach County Housing Needs Assessment, flonsing Leadership Council TIM BRITTON/Staff Artist I ,,- \\ ;.",., I. _."~""'. ~. ~..' 1'" .-' .-.----,JtIIII4-. ~ ~~y~T8~lc RA East Side-West S',de-Seaside Rena'lssance Boynton Beach Community Redevelopment Agency Homebuyer Assistance Program (HAP) 2006/2007 The Boynton Beach Community Redevelopment Agency (CRA) recognizes that the future economic health of the City depends upon the sufficient supply of housing priced for working families. As housing prices climbed by double digits in 2005-2006, many families were priced out of the housing market. The City of Boynton Beach receives State Housing Imitative Partnership Program (SHIP) dollars to provide down payment assistance to low and moderate income families. Due to rapid housing appreciation, the number of low and moderate income families who can afford to buy homes has decreased. In an effort to assist more families the CRA has implemented the Homebuyer Assistance Program. Program funds can be layered with the City's SHIP Down Payment Assistance Program to provide gap financing to families. If SHIP funds are unavailable, HAP funds can be used as the sole source of down payment assistance as long as applicants meet all SHIP criteria as set by the City of Boynton Beach. Program Guidelines 1. Funding is on a first-come, first-approved basis. 2. Applicants must meet all of the City of Boynton Beach's qualification criteria for the SHIP Down payment Assistance Program. HAP qualification will be conducted by the City's Community Improvement Department or a Community Housing Development Organization (CHDO). A request for HAP funds must be made on the applicant's behalfby either the City or CHDO. 3. Purchase Price New - Not to exceed $280,462 Existing - Not to exceed $280,462 New Home Construction Loans- the value of the City/CRA lot awarded to homebuyer is excluded from the CRNCity subsidy amount, but is included in the permanent mortgage encumbrance 2 4. Eligible Properties include existing, single-family homes, construction of new single-family homes, townhomes and condominiums located within the CRA. 5. Use of Funds a. Down payment and closing costs. b. Rehabilitation costs (if required to bring the home up to code) 6. Families with dependent, minor children will receive preference. 7. Persons working within the City of Boynton Beach will receive preference. 8. Applicants employed in the "essential services" (educators, police, firefighters, healthcare workers and skilled building trades) will receive preference. 9. Income from all adult members of the household will be included in the computation of gross income. 10. City and CRA funding shall not exceed 40% for moderate income buyers and 50% for low income buyers of the purchase price. The actual amount of funding awarded shall depend upon the funding gap. In no case shall CRA funding be awarded above the funding gap amount or $50,000.00. Rehabilitation expenses related to bringing the home up to code may be included up to $50,000. Example #1 Moderate Income Household Purchase Price of Home Closing Costs Maximum Mortgage Amount City's Maximum SHIP Down payment Funding Gap Percent of Public Subsidy Example #2 Low Income Household Purchase Price of Home Closing Costs Maximum Mortgage Amount City's Maximum SHIP Down payment Funding Gap Percent of Public Subsidy $ 60,000 $280,000 $ 5,000 $213,771 $ 50,000 $ 21,229 25% $ 40,200 $280,000 $ 5,000 $164,700 $ 75,000 $ 45,300 43% C:\Documents and Settings\fordl\Local Settings\Temporary Internet Files\OLK9\Homebuyer Assistance Program Guidelines.doc 3 11. Projected housing costs, including mortgage, interest, taxes, insurance and homeowner's association fees shall not exceed 35% of gross household income or whatever the primary lender determines. The maximum total debt ratio (total housing expenses plus other montWy debt obligations) shall not exceed 45% of income. Example #1 Moderate Income Gross Monthly Income Mortgage Payment (incl. taxes & insurance) Other Debt Housing Expense Ratio (not to exceed 35%) Overall Debt Ratio Example #2 Low Income Gross Monthly Income Mortgage Payment (incl. taxes & insurance) Other Debt Housing Expense Ratio Debt Ratio $60,000 $ 5,000 $ 1,282 $ 500 27% 35% $ 40,200 $ 3,350 $ 987 $ 300 29% 38% 12. Applicants must be ftrst time homebuyers, with no previous homeownership within the past three years at the time of application. First time home buyer status shall be determined by reviewing the three consecutive years of Federal Income tax returns. 13. Funds shall be in the form of a 0% second mortgage behind the ftrst mortgage. If SHIP funds are used CRA funds will be in the form of a third mortgage behind the City of Boynton Beach's encumbrance. Repayment of the CRA funds will not be required if the home is resold to an income qualifted buyer. Income qualiftcation of the new buyer shall be certifted by the City of Boynton Beach Community Improvement Division and forwarded to the CRA prior to closing. Resale to a non- income qualifted buyer will require repayment of the CRA subsidy amount in full at time of closing. 14. Reftnancing of the property will result in repayment ofCRA funds with interest accrued at 4% per annum. Reftnancing of the property may be permitted in special circumstances with prior written approval from the City and CRA. 15. Families who receive CRA Homebuyers Assistance shall occupy the residence for the term of the ftrst mortgage. If the residence is leased and no longer occupied by the recipient of CRA funds, all CRA funds plus interest at 4% annum from the time of purchase shall become due and payable in full. Families that receive assistance shall submit proof of residency to the City and CRA annually by the anniversary of the closing date. The accepted form of proof is a utility bill showing the program recipients name and address. Failure to comply will result in the CRA funds becoming due and payable. C:\Documents and Settings\fordl\Local Settings\Temporary Internet Files\OLK9\Homebuyer Assistance Program Guidelines.doc 4 16. Upon sale of the property within the first five years, the owner must pay 80% of the equity (determined by a fair market appraisal) to the City and CRA proportionate to the amount of funding from each entity. During years 6-20, 50% of the equity and during years 21-30, 15% of the equity is due to the City and CRA upon sale of the property. Example: Original home price: City SHIP funds CRA Funds Mortgage $225,000 $ 50,000 (71 %) $ 20,000 (29%) $155,000 New Sales Price @ yr 5 Equity 20% Equity to Seller Percent of Equity to City Percent of Equity to CRA $275,000 $ 50,000 $ 10,000 $ 28,400 $ 11,600 17. The City and CRA shall reserve the right-of-first-refusal to purchase the property at the fair market appraised value within 45 days of written notice from the property owners. 18. The offering of the program is no guarantee of funding. All decisions are subject to approval of the eRA Board of Directors. C:\Documents and Settings\fordl\Local Settings\Temporary Internet Files\OLK9\Homebuyer Assistance Program Guidelines.doc ~... _I :::r . ;CD ~ . 0 . .. '< 0 r- c- 3 ..., 0 :z: " r+ :E C) 0 -- D) :3 -- :3 C) ;l(C < -- :3 (C :E :3 C. 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'< CD 0 Q) C - I - en CD Q) en C - ,... 0 "'0 0 -. 0 0 CD 1 Co '"C -. (j) CD c CD en ~ Q) tA 1 (j) ~ en ;:l ...... ::J ,... ~ ::t> CD en 3 -. c- "'1J 0.. m < CD -. ~ t: -. (j) Q) "'0 < ,... ...... CD CD 0 CD ::J ::T 'TI ::J ~ c: (j) ., - CD n ~ ::T CD CD ~ en tA Q) ...... ~ Co 0 . . 0 ., to Q) ~ -. N Q) ,... 0 :J en IX. OLD BUSINESS: D. DISCUSSION OF PROMENADE DIFA ~qYNTe~ (~.".."'..~ A "'d' ~ East Side-West S',de-Seas'lde Renaissance BOYNTON BEACH CRA AGENDA ITEM STAFF REPORT eRA BOARD MEETING OF: September 12,2006 AGENDA ITEM: IX - D. - Discussion of Promenade DIFA I Consent Agenda I X I Old Business New Business Public Hearing Other SUBJECT: The Promenade Direct Incentive Funding Agreement SUMMARY: On October 12th, 2004, the eRA Board approved a Direct Incentive Funding Agreement to the Promenade project developers, Panther Real Estate Partners. This Agreement provided for 16 affordable one bedroom units to be constructed within the project. The developers would receive economic benefit upon completing the project. The estimated financial incentive would be valued at $802,500 per year for 10 years based on a net income assed valuation of $141 ,388,000. The Promenade requested and received a CRA Board approved site plan extension on August 301\ 2005. The actual date of the site plan extension termination date was July 20th, 2006. Subsequently, CRA staff received a call from a citizen reporting that the sales office for the Promenade stated they did not have any affordable units for sale. CRA staff requested CRA Board counsel's involvement. On June 28th, 2006, CRA counsel Amy Dukes sent a letter to Mr. Paul D' Arelli, counsel for the Promenade, requesting status ofthe project. Counsel followed up with the written request and phone call. After July 201h, 2006, CRA Counsel Ken Spillias contacted Quintus Greene, City of Boynton Beach Director of Development regarding the status of the Promenade with respect to the City building permit to begin construction. Mr. Greene reported the permit was requested; however, the required fees had not been paid. Mr. Green confirmed with counsel these fees must be paid for the permit to be considered applied for. The purpose in seeking this information was for counsel to determine whether construction had commenced, as the term is defined in the agreement, within the time requirements set forth within the agreement. As of July 24th, 2006, neither CRA staff nor counsel had received any follow-up calls and/or correspondence to the June 28th, 2006 letter. On August 25th, 2006, Mr. Paul D' Arelli contacted Amy Dukes regarding comments made by CRAs Executive Director to the Palm Beach Post. T:\AGENDAS. CONSENT AGENDAS. MONTHLY REPORTS\Completed Agenda Item Request Forms by Meeting\06 0912 CRA Board meeting\Promenade Direct Incentive Funding Agreement.doc ~qY~T2~ East Side-West S",de-Seaside Rena",ssance BOYNTON BEACH CRA AGENDA ITEM STAFF REPORT FISCAL IMPACT: RECOMMENDA TIONS: M~~ Assistant eRA Director T:\AGENDAS, CONSENT AGENDAS, MONTHLY REPORTS\Completed Agenda Item Request Forms by Meeting\06 0912 CRA Board meeting\Promenade Direct Incentive Funding Agreement.doc )' , " ), j l,< " ,< ".~'~",",', """'~"..,:: -"-..:--'- " '.' ,,-....... --~ ~'...."':.' _::'.. ;/-::-,~" 'j \ "- ,/,!.(' L L\,\' I so, [C'" N "., i\ 1\' ,', \ , ' '\' ',' r n ',' \ L.' ',' _)1 'lJ!v'Ir\I'oJ ,X 11\,; L!\.LI',! r~/ . Reply To' West Palm Beach June 28, 2006 Paul D. D' Arelli, Esq. Greenberg Traurig P.A. 401 E Las Olas Blvd Ste 2000 Fort Lauderdale Florida 33301-2210 RE: Direct Incentive Fundinl! Al!reement Dear Mr. D' Arelli: We are writing on behalf of the Boynton Beach Community Redevelopment Agency ("CRA") with regard to the Direct Incentive Funding Agreement ("DIFA") entered into with Boynton Waterways Investment Associates, Inc. on April 25, 2005. As you know, pursuant to Section 4 of the DIFA, the developer had up to 12 months from July 20, 2004 to commence construction, with an additional 12 months allowed by Board approval (which was granted on August 30, 2005). Thus, the developer has until July 20, 2006, to commence construction. With that date fast-approaching, the CRA is at this time requesting a written report on the status of construction including the status of the site plan or building permit. The DIFA makes it clear that a minimum of 16 units are to be designated as affordable access, and such units were to be made available for 180 days after such units are released and advertised for eligibility. We discussed this issue approximately one month ago as to the marketing and advertising efforts your client made with respect to the affordable access units. You indicated you would look into this and get back with me. Per Section 5.4 of the DIFA, prior to receiving any incentive grant funds, the developer must submit to the CRA a performance audit (performed by an independent CPA approved of by the CRA) which verifies compliance with the agreed-upon affordable access performance standards. This would need to include, among other items, verification of advertising of the units. Helping Shape Plorida's Future; " J .i '" i ., .t" : "' I C"-'L ; \\'.. .-.~ In.,; Paul D' Areb, Esq. June 28,2006 Page 2 The eRA is very much looking forward to the Promenade project and we look forward to working more closely with you towards the completion of the project. AMD/ma Sincerely, ~.'.~ Cf! (! t"i'.! (IV I? /.--' I 'I' , Vfl' -- ',..' ~ _ '/ -'VI- j . Amy M. ukes cc: Lisa Bright Robert T. Reardon Kenneth G. Spillias, Esq. I:IClient DocumentslBoynton Beach CRA\24I 9-006\CORR\P, D'Arelli Ltr l.doc IX. OLD BUSINESS: E. DISCUSSION OF 500 OCEAN (FKA ARCHES) - AUGUST 16TH, 2006 SITE PLAN EXTENSION & DIFA r"""', ~~~~Y~Te~ eRA iIIIi East Side-West Side-Seaside Renaissance BOYNTON BEACH CRA AGENDA ITEM STAFF REPORT eRA BOARD MEETING OF: September 12, 2006 AGENDA ITEM: IX - E. - Discussion of500 Ocean (FKA: Arches) - August 16th, 2006 Site Plan Extension and DIFA. I Consent Agenda I X I Old Business New Business Public Hearing Other SUBJECT: 500 Ocean Plaza (formerly the Arches) Direct Incentive Funding Agreement SUMMARY: In May 2006, the CRA staff requested a meeting with Ryan Weissfisch of Maxwell Real Estate Partners as to the status of the project. This meeting was necessary due to upcoming budgeting and forecasting for FY 06-07. Mr. Weissfisch reported the CRA would not need to pay the upfront $2 million project incentive until some time after October 2006. CRA staffwas advised that on August 16th, 2006, an additional I-year site-plan extension had been filed with the City of Boynton Beach. CRA staff contacted Mr. Weissfisch to discuss the project status. Mr. Weissfisch reported that the project; · Would be starting sales · Paid construction fees · Incentive expires - Spring 2008 · Tired of explaining how his incentives work to CRA staff and counsel. CRA staff repeatedly requested that his new counsel contact CRA Board attorney Ken Spillias to explain project status and their position on the incentives. On August 30th, 2006, staff received a letter from the projects new counsel advising their incentives. (We have attached a copy of the letter for your information.) CRA Board attorney Ken Spillias has reviewed the attorney's letter, as well as prior actions taken by this Board in connection with the incentive agreement and site plan modifications and extensions. He does not agree with the position taken in Mr. Weissfisch's attorney's letter that the language of the agreement and the minutes of the previous meetings support the statement that the incentives do not expire until Spring 2008. It is the Board attorney's opinion that a very defensible argument can be made that based on the language of the agreement and the prior actions of this Board, the incentive agreement expired by its terms in December, 2005 (due to the failure of construction to commence by that time). On the other hand, ifit is the desire of the Board to provide the incentives as set forth in the agreement, it is the CRA attorney's recommendation that to effectuate that result the Board agrees to extend the agreement until such date as the Board deems appropriate. FISCAL IMPACT: ~ Robert Reardon Assistant Director T:\Agendas\Consent Agendas\Monthly Report\Completed Agenda Item Request Forms\9-12 CRA Board Meeting\500 Ocean Plaza Direct Incentive Funding Agreement.doc Holland+Knight Tel 305 374 8500 Fax 305 789 7799 Holland & Knight LLP 701 Bric:kell Avenue. Suite 3000 Miami. FL 33131-2847 www.hklaw.c:om William R. BLoom 305 789 7712 william.bloom@hldaw.col1l August 30, 2006 E-MAIL: BrightL@ci.boynton-beach.fl.us Ms. Lisa A. Bright Executive Director Boynton Beach CRA 639 E. Ocean Avenue, Suite 103 Boynton Beach, FL 33435 Re: Direct Incentive Funding Agreement dated as of November 19, 2003 (the "Direct Incentive Funding Agreement") by and between Boynton Beach Community Redevelopment Agency (the "CRA") and Boynton Ventures I, LLC (the "Developer") and the Advance Funding Agreement under Direct Incentive Program dated as of November 19, 2003 (the "Advance Funding Agreement") by and between the CRA and the Developer, as same were modified by CRA Board Resolution approved January 11, 2005. Dear Lisa: As you are aware this firm represents the Developer in connection with the 500 Ocean Project which was formally known as the Arches Project. My client has brought to my attention recent comments made by you in the Sunday August 27th addition of the Palm Beach Post indicating that the CRA believes that the Direct Incentive Funding Agreement and the Advance Funding Agreement have lapsed. This is clearly not the case. Both agreements provide in Section 5 that "the Developer agrees to commence construction of the Project within 180 days of Developer pre-selling 70% plus one of the residential units, but no later than 2 years from the effective date of this Agreement." To date the Developer has not presold 70% plus one of the residential units. The effect date of the Direct Incentive Funding Agreement and the Advance Funding Agreement was originally November 19, 2003, however, the CRA Board, by unanimous vote, approved the extension of the effective date of the Direct Incentive Funding Agreement and the Advance Funding Agreement to December 3, 2005 as set forth in the letter from Douglas C. Hutchinson, the previous Executive Director of the CRA. A copy of this letter is enclosed. Based upon the CRA's board action and the enclosed letter it is the understanding of the Developer that December 3, 2007 is the outside date to commence construction of the Project as Lisa A. Bright August 30, 2006 Page 2 defined in the Direct Incentive Funding Agreement and the Advance Funding Agreement unless the Developer sells 70% plus one ofthe residential units 180 days before that date. The Developer has been diligent in moving forward with the 500 Ocean Project although it has incurred some delays which are reflected in the letter addressed to Michael Rumpf of the City of Boynton Beach, a copy of which is enclosed herewith. Michael Slaven, a project manager for the Developer will contact you in the near future to schedule a meeting with you and the principals of the Developer to discuss the status of this Project and to agree on a schedule for periodic updates so you will be kept informed with respect to the 500 Ocean Project. Please contact me should you have any questions. Very truly yours, Holland & Knight LLP ~4-~__/( ~.QJr'-- William R. Bloom cc: Kenneth G. Spillas, Esq. Michael Slaven Arthur Slaven Ryan Weisfish Enclosures #4016107_v2 ----- Boynton Ventures 1, LLC 1250 E. Hallandalc Beach Blvd Suite 305 Hallandale Beach, Fl 33009 Ryan Vi eistish January 11, 2005 Congratulations, on January 11, 200.5 tlle CR.>\ Doard voted \U1Mimou: y to approve your Dhect lncentive Funding Agreement Ul1d Advance Funding Agreement ~xtension reque:)t. A:3 per the extension request, the new effective tUlte oftha agreements' :ill be December 3, 2005. We look forward to an exciting project tor the City of Boynton Beach. ~tf ~ Douglas C Htltchin~nn Executive Director Boynton Beach Community R~de\"elo1:mel1t Agency aOVHTOW BU.CH COMMUNITY REDEVELOPMENT AGENOV 6.'19 E. Ocean Ave. Ste. 103 Boynton Beach. Fl33435 Office: 561-737-3256 . Fax: 561-737-3258 ~I Ruden .. McClosky 200 EAST BROWARD BOULEVARD SUITE 1500 FORT LAUDERDALE. FLORIDA 33301 POST OFFICE BOX 1900 FORT LAUDERDALE, FLORIDA 33302 (954) 527-2476 FA>l(954)333-4076 BONNIE.MISKEL@RUDEN.COM August 16, 2006 VIA E-MAIL, FACSIMILE AND U.S. MAIL Mr. Michael Rumpf Director of Planning & Zoning City of Boynton Beach 100 E. Boynton Beach Boulevard Boynton Beach, Florida 33425-0310 Re: The Arches (MSPM 05-008) Dear Mr. Rumpf: The purpose of this letter is to request a one year time extension for the above referenced project. The date of the Development Order approval was September 6, 2005. The applicant is requesting the time extension because of unforeseen delays in the development process including the relocation ofFPL and project modifications required as a result of Bell South utility lines. The Developer had anticipated that it would take FPL several months to review the Project and the relocation of its facilities. Instead, as a consequence of the aftermath of the hurricanes last year, 500 Ocean Plaza formerly known as the Arches was caught in a backlog of projects requiring FPL signoff. Only recently, after a six month delay, has FPL signed off on the relocation of its facilities. In addition to the FPL relocation, the Developer has also been required to address the relocation of a major BellSouth fiber optic trunkline serving a substantial portion of the City of Boynton Beach. Since relocation was not economically feasible and would delay the project and inordinate amount of time, the Developer was required to substantially modify the plans and relocate the elevator banks to accommodate the BellSouth optic fiber trunkline without relocation. The process of identifying the BellSouth facilities, evaluating the ability to relocate same and the redesign of the Project to accommodate the BellSouth fiber optic trunkline has delayed the Project more than five months. The Developer has completed a full set of plans and specifications for the Project which has cost the Developer more than $800,000.00 to prepare and has submitted same to the City for courtesy review. Additionally, issues were raised regarding the need to replat the Project. The Developer had its engineers prepare a replat of the Project which has been submitted to the City FTL:1BB5170:1 RUDEN, McCLOSKY, SMITH, SCHUSTER & RUSSEll, P.A. CARACAS' FT. LAUDERDALE' MIAMI' NAPLES' ORLANDO' PORl ST. LUCIE' SARASOTA' ST. PETERSBURC . TAlLAHASSEl . TAMPA' WEST PALM BEACH Mr. Michael Rumpf City of Boynton Beach August 16, 2006 Page 2 for review. The applicant has paid multiple fees associated with the development of this project including: the courtesy review fee; water/sewer capacity fees (approximately $350,000.00); BelISouth permit fee; fees to demolish existing structure on the site; and the fence permit fee. . As significant unforeseen difficulties have arisen, a one year time extension is reasonable. Should you have any questions or concerns related to this letter, please feel free to call me. BLMlbab Sincerely, .~~~-. ~/4L Bonnie L. Miskel LOA b ) FTL:1885170: 1 CARACAS' n. LAUDERDALE. MIAMI. NAPLES. ORLANDO. PORT ST. LUCIE . SARASOTA. ST. PETERSBURG. TALLAHASSEE. TAMPA. WEST PALM BEACH RUDEN, McCLOSKY, SMITH, SCHUSTER & RUSSELL, P.A. RNIERA BEACH - With little fanfare, Andrew Brock has sold his family's 50-year lease to the Ocean Mall for $9.5 million to Catalfumo Construction and Development, moving the builder closer to a deal to redevelop the city's public beach. Brock, whose family has held the lease since 1972, receives $6 million up front and another $3.5 million when the city approves the site plan, said Joey Eichner, a senior vice president with Catalfumo. Catalfumo leads Ocean Mall ~development, the group negotiating with the city and the community redevelopment agency to build a 28-story Marriott "ondo-hotel and 60,000 square feet of shops and restaurants at the II-acre municipal beach on Singer Island. "This is to show our commitment to move the project forward," Eichner said. A 1975 lease amendment allows Brock to sell or transfer it without getting the city's approval, city records show. The deal between Brock and Catalfumo was not discussed last week at a special city council meeting. At that meeting, the council, which also sits as the CRA board, approved a preliminary agreement with Ocean Mall Redevelopment that, among other things, calls for increasing the lease to 99 years. Under the deal, the developer would lease the land for 50 years with an automatic 49-year renewal, said Eichner, who argues the 99 years are necessary to finance the $280 million project. Riviera Beach City Manager Bill Wilkins said that Catalfumo's control of the lease should "simplify negotiations." The preliminary deal also allows the city to buy back the portion of the lease governing the 60,000 square feet of retail space in 30 years, Wilkins said. He believes that option should ease any fears that the city is "giving away" its public beach. Yet Singer Island residents made such criticisms at Wednesday night's special meetings of the council and CRA board. The length of the lease, along with the height of the hotel, angered island residents, who vowed to fight the project at the ballot box and in the courtroom. Bill Contole, president of the Citizens for Responsible Growth for Riviera Beach, said the city charter limits leases to 50 years and that any changes must go before voters. But some on the council believe, based on a past ruling by a former CRA attorney, that the board can unilaterally change the charter. "We obviously see that the city is going to proceed with this," Contole said. "It boils down to whether the city really wants to give away its public beach to a private developer." Contole said residents can file a lawsuit to stop the project. His group did so in 2002 and was able to get the developer to scale it back.. "The people will decide which way their voices will best be hard," he said. Mayor Michael Brown said the . ''lse buyout will silence critics of the redevelopment plan. "It should erase any doubt for anyone who felt we weren't _ Ang to move forward on the Ocean Mall," he said. For Brock, the Ocean Mall has a personal meaning. It was the first project his father, Herbert, undertook after moving here from upstate New York. Since then, the family has prospered through developing strip malls, offices and townhouses. "The Ocean Mall has been part of our family for a long time," Brock said. "This really was the platform that enabled our family to go on and be successful developers in Palm Beach County." Boynton eRA could pull cash for two delayed projects By Will V ash Palm Beach Post Staff Writer Sunday, August 27, 2006 BOYNTON BEACH - The biggest secret in Boynton Beach may be the status of two projects once heralded as the benchmarks of a revitalized downtown. Community redevelopment agency board members will consider next month whether to continue to offer millions of dollars in incentives to 500 Ocean and Promenade, as neither developer has begun construction. CRA Executive Director Lisa Bright told board members last week that the CRA believes the incentive agreements have lapsed and that it was the board's decision how the agency should proceed~ She said neither developer has been forthcoming on the status of its project. "Incentives are not guaranteed," Bright said Friday. "They are supposed to be incentives to build the project." The CRA is holding $2 million this year for 500 Ocean, formerly known as the Arches, with the assumption that it will go to the developer if the project gets off the ground this year, CRA officials said. But 500 Ocean's developers, which include Maxwelle Real Estate Group Inc., recently filed for a 12-month site plan ~ension, meaning construction might not begin until next year. 11 Bright said the $2 million set-aside could be used for other needs in the redevelopment district ifthe project is delayed. Mayor Jerry Taylor said this week that a recent discussion with Maxwelle Managing Director Ryan Weisfisch was positive. "I'm very confident with the Arches," Taylor said. "He's moving forward." Weisfisch did not return a call Friday to his Aventura office. The plan for 500 Ocean calls for 378 condominiums and 40,596 square feet of retail space 14.6 acres at the southwest corner of Federal Highway and Ocean Avenue. The total $5 million direct incentive plan was first approved by the CRA board in 2003. Meanwhile, Panther Real Estate Partners recently received a pennit to pour the foundation on Promenade just before its latest site plan extension was to expire. However, the group applied for the remaining building pennits without paying all the processing fees, according to the city's planning department. Bright, the CRA executive director, said the nonpayment of fees could be a violation of the project's $6 million CRA incentive agreement. Promenade, which will feature two 14- story towers with a mix of 304 condos, 16 townhouses and 77 extended-stay furnished condo-hotel rooms, is slated for the northeast corner of Boynton Beach Boulevard and Federal Highway. The CRA board approved its incentive package last year. Jeff Krinsky of Panther Real Estate Partners did not return a message left Friday morning at his Miami office. Since the agreements were made with Promenade and 500 Ocean, the CRA staff have overhauled the incentive program. Periodic updates by developers are now required, and there are no upfront payment provisions like the one for 500 Ocean. CRA member Marie Horenburger said market changes have affected most development projects and that she didn't think a lot needed to be changed in the current agreements. "Everybody is in the same boat," Horenburger said. "There's been a real slowdown in the market." Bright said the developers need to keep CRA staff and board members up to date, especially when they are relying on CRA incentives. "We need a clear timeline," she said. Aesthetic standards for medians seem to vary Qy AMY REININK ,n staff writer August 27. 2006 On a recent trip to Boca Raton, Peter Scher couldn't help but be impressed by the city's lush, manicured streetscapes. When Scher, 33, owner of Cold Stone Creamery of Gainesville, came home, he said he was dismayed to notice that many of Gainesville's medians looked shabby in comparison. "Why are some medians in Gainesville well-groomed while others look poor?" Scher wrote to Since You Asked. "For example, the medians on NW 43rd Street south ofNW 39th Ave. are well-maintained and the surrounding area looks appealing. By contrast, on NW 16th Ave., between NW 13th Street and NW 34th Street, the medians and sidewalks are full of weeds, never edged and mowed irregularly." The first thing to understand, said Pat Byrne, Gainesville's parks division manager, is that not all medians in Gainesville are maintained by the city. "The majority of medians folks see in the city of Gainesville are either on county or state roads," Byrne said. "That means they are not city-maintained roadways. Although they may be in the city, they're governed by the county or state. I think if you went around and looked at some of the ones we do and then looked at the others, you'd probably see a noticeable difference." Byrne said his department maintains the medians on roads like SW 2nd Avenue near the University of Florida, and on most of the roads downtown. Both the well-maintained median and the messy one Scher noticed are on county roads. Lewis King, roads superintendent for Alachua County, said the county has high standards for maintaining its medians, and said a few different factors could explain why roads with the same maintenance standards look so different. King said adopt-a-median programs, in which people or organizations volunteer to maintain certain medians, can account for some differences in appearance. "When people or businesses adopt them, they can put flowers in and things like that, as long as what they want to plant doesn't pose a safety hazard," King said. ng also said traffic on the busiest county roads can take a toll on medians, making even the most carefully landscaped medians look shabby until county crews can spiff them up again. "Sometimes, especially when we've got shrubbery or 12 IX. OLD BUSINESS: F. CONSIDERATION OF DONATING LAND TO THE BOYNTON BEACH CDC ~qY~T8~ (rV~ East Side-West S'lde-Seas',de Rena'lssance BOYNTON BEACH eRA AGENDA ITEM STAFF REPORT eRA BOARD MEETING OF: September 12, 2006 AGENDA ITEM: IX. F. I Consent Agenda I X Old Business New Business Public Hearing Other SUBJECT: Consideration of donating land to the Boynton Beach Faith Based CDC SUMMARY: The CRA recently issued an RFP to select a developer to build market and sell to income qualified buyers, 3 homes on the Parker property located at 607 & 609 Seacrest Blvd. When the legal notice was filed, there was an inconsistency between the dates in the notice and the ones in the RFP. Rather than reissuing the RFP, staff is recommending donating the land to the Boynton Beach Faith Based CDC. Recent direction from the Board to work with area CDC's has led staff to recommend this direction. The Boynton Beach Faith Based CDC has experience with new construction, rehabilitation and buyer income qualification. They have built four new homes in the Heart of Boynton and rehabbed one. Currently, they are in the process of building three new homes in the area. If the Board approves the land donation, the CDC has verbally committed to build the homes consistent with the Heart of Boynton Community Redevelopment Plan recommendations. Additionally, they have committed to adding metal roofs and impact resistant windows which will reduce the cost of homeowners insurance for the buyers. If the Board approves the land transfer, an agreement between the CRA and the CDC will be drafted for your review. The agreement will specify a timeline to develop, market and sell the homes. If the timeline is not met, the land will revert back to the CRA. Additionally, the CRA must publicly advertise its intent to dispose of the land for 30 days prior to any transfer. FISCAL IMPACT: None. In order to keep the homes affordable (below $265,000) the CRA must donate the land. T:\AGENDAS, CONSENT AGENDAS, MONTHLY REPORTS\Completed Agenda Item Request Forms by Meeting\06 0912 CRA Board meeting\Donation of Parker to CDC.doc 30VNT-ON .....~ r'i f' 3-E'A C -H L~V~ East Side-West S"lde-Seas'lde Rena'lssance BOYNTON BEACH CRA AGENDA ITEM STAFF REPORT RECOMMENDA TIONS: Approve the donation of the land to the CDC, direct staff to advertise the land disposal and draft an agreement between the CRA and CDC. L(J4 ~ Vivian L. Brooks eRA Planning Director T:\AGENDAS, CONSENT AGENDAS, MONTHLY REPORTSICompleted Agenda Item Request Forms by Meetingl06 09 12 CRA Board meetinglDonation of Parker to CDC.doc IX. OLD BUSINESS: G. ADOPTION OF THE eRA FY06/07 BUDGET (Separate Board Handout.) ~ u z ~ ~ < ~ z ~ ~ ~ o ~ ~ > ~ ~ ~ ~ ~ ~ z ~ ~ ~ o u == u < ~ CQ Z o ~ z ~ o ~ ~ ~ ~ ~ ~ ~ ~ z ~ ~ ~ ~ ~ ~ 0 o ~ ~ ~ ~ ~ o ~ < r-- Q Q N t--- Q Q f"'l Q ~ N ~ I ~ \C ~ Q t Q ~ N 00 ~ I -< g u ~ 00. ~ ~ ~ ~ = o E-4 U o ~~~~Y~Te~ eRA III East Side- West Side-Seaside Renaissance 8/1 712006 Dear CRA Board Members: Enclosed is the formal Operating Budget for Fiscal 2006-2007 and a sub-category reference booklet. Our operating budget breaks down expenses and revenues by fund, and by department. In addition, we have included the sub-category booklet to help you understand the items in detail behind each budget appropriation. As we approach fiscal 2006-2007 our Agency is faced with several interesting possibilities. In this year we will see our TIF increase by fifty percent (50.00%), and our expenditures follow accordingly. Our budget document highlights our expenses and revenues for the General Fund in various color coordinated charts for ease of understanding. Our Project Fund highlights our proposed capital projects. Other items of interest are the salary and wages analysis, and the schedule of debt for the Agency. The budget document corroborates how staff is committed to maintaining our trolley system, our WI-FI system, securing sites for downtown parking, building attainable housing, and assisting CRA area residents with residential and commercial grants. To that end our Project Fund has earmarked $10,000,000.00 dollars for Heart of Boynton initiatives and the reconstruction of 4th Street. Also, we are committed to establishing Ocean and Federal as our downtown core. Staff and I are eagerly await your input and direction on the budget. The CRA is poised for an exciting year and we feel that staffs vision mirrors the Board's as well as that of the City Commission. Robert T. 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Old Businesll I X I New BlISillc~s PUb'iI: Hearing L. Olhff--.l Sf JR.n~CT: Purchase Agreement for Vtl<.:ant Lot Adjacent to Ol:eun Bl'ee~e SUMMARY: At the August 2006 eRA Board meeting. the Board adopLed the HO.l:\ Work Program for 06107. Part of the work program included purchasing pl'opcrt)' adjacent to the Occan Breeze West cJcvelopment. This property runs in Ii-ant of the Ocean Breeze develupment (dong Seacrest effecti vel y preventi ng the creatiun of a better than average site pJanlor the developll1ent. With the addition oftrus pl'operty~ a minimum of 6 mQre townhumes cnn be added Lu the west side of Seacr~l. Also, it Cl'efltes a block long of improvement to lhe. Seacrest corridor making 1I much bigger impacL in the commu11ity. On August 911\ an appraisal was comlucted by Anderson &. Carr 011 behalf of the eRA (see attached). The appraised value of lhe. property is $470)000. The property owner, Peters noyntOl1 Terrace, LLC, h~:s agreed to scH for the appraisf:d value. FISCAL IMPACT: $470,000 purchase price pJus standard closing costs. survey and Dppraisal fee. Fund~ to be drawn from the proceeds of Bond U. RECOMMENDATIONS: agreement with Peters Boynton Ten"ace, ... . T:\AGENDAS. CONSENT AGENDAS, MONTHL Y RF.POATS\Complel~d Agenda IIAm Request FQnns by M89tlng\06 09 12 CRA Board meeting\Peters purr.hIlM doC PURCHASE AGREEMENT This Purchase Agreement (hereinafter "Agreement") is made and entered into as of the Effective Date (hereinafter defined), by and between BOYNTON BEACH COMMUNITY REDEVELOPMENT AGENCY, a public agency created pursuant to Chapter 163, Part III, of the Florida Statutes (hereinafter "CRA") and PETERS BOYNTON TERRACE, LLC. (hereinafter "SELLER"), having an address of 6023 Le-Iac Road, Boca Raton, Florida 33496. In consideration of the mutual covenants and agreements herein set forth, the Parties hereto agree as follows: 1. PURCHASE AND SALEIPROPERTY. SELLER agrees to sell and convey to CRA and CRA agrees to purchase and acquire from SELLER, on the terms and conditions hereinafter set forth, the Property located in Palm Beach County, Florida (the "Property") and more particularly described as follows: Lots 130, 131, 132 and 133, Block "C" "BOYNTON HILLS", according to the plat thereof, as recorded in Plat Book 4, Page 51, of the Public Records of Palm beach County, Florida together with vacated portion of N.W. 7th Court, lying adjacent to and southerly of Lot 130, Block "C" recorded in Plat Book 4, Page 51. 2. PURCHASE PRICE AND PAYMENT. The Purchase Price to be paid for the Property shall be Four Hundred Seventy Thousand and 001100 ($470,000.00) Dollars, payable in cash, by wire transfer of United States Dollars at the Closing. 3. DEPOSIT. 3.1 Earnest Money Deposit. Within three (3) Business Days after the Effective Date, CRA shall deliver to Lewis, Longman & Walker, P.A.("Escrow Agent") a deposit in the amount of Ten and 00/100 ($10.00) Dollars (the "Deposit"). 3.2 AoolicationlDisbursement of Deposit. The Deposit shall be applied and disbursed as follows: The Deposit shall be delivered to SELLER at Closing and the CRA shall receive credit for such amount against the Purchase Price. If this Agreement is terminated during the Feasibility Period (hereinafter defined) for any reason, the Deposit shall be immediately refunded to the CRA. If this Agreement is terminated due to a default, pursuant to Section 12, the Deposit shall be delivered to (or retained by, as applicable) the non-defaulting Party, and the non-defaulting Party shall have such additional rights, if any, as are provided in Section 12. 3.3 Escrow Agent. CRA and SELLER authorize Escrow Agent to receive, deposit and hold funds in escrow and, subject to clearance, disburse them upon proper PURCHASE AGREEMENT Page 2 of 12 authorization and in accordance with Florida law and the terms of this Agreement. The parties agree that Escrow Agent will not be liable to any person for misdelivery of escrowed items to CRA and SELLER, unless the misdelivery is due to Escrow Agent's willful breach of this Agreement or gross negligence. If Escrow Agent interpleads the subject matter of the escrow, Escrow Agent will pay the filing fees and costs from the deposit and will recover reasonable attorney's fees and costs to be paid from the escrowed funds which are charged and awarded as court costs in favor of the prevailing party. All claims against Escrow Agent will be arbitrated, so long as Escrow Agent consents to arbitrate. 4. TIME FOR ACCEPTANCE OF OFFER AND COUNTEROFFERS: EFFECTIVE DATE. If this Agreement is not executed by and delivered to all parties on or before September 29,2006, the Deposit will, at CRA's option, be returned and this offer shall be deemed withdrawn. Unless otherwise stated, the time for acceptance of any counteroffers shall be five (5) days from the date the counteroffer is delivered. The date of this Agreement (the "Effective Date") shall be the date when the last one of the CRA and SELLER has signed or initialed this offer or the final counteroffer. 5. CLOSING. The purchase and sale transaction contemplated herein shall close on or before October 31, 2006 (the "Closing"), unless extended by other provisions of this Agreement or by written agreement, signed by both parties, extending the Closing. 6. TITLE TO BE CONVEYED. At Closing, SELLER shall convey to CRA, by Warranty Deed complying with the requirements of the Title Commitment (hereinafter defined), valid, good, marketable and insurable title in fee simple to the Property, free and clear of any and all liens, encumbrances, conditions, easements, assessments, restrictions and other conditions except only the following (collectively, the "Permitted Exceptions"): (a) general real estate taxes and special assessments for the year of Closing and subsequent years not yet due and payable; (b) covenants, conditions, easements, dedications, rights-of-way and matters of record included on the Title Commitment or shown on the Survey (defined in Section 7), to which CRA fails to object, or which CRA agrees to accept, pursuant to Section 7.1 and Section 7.2 hereof. 7.0 Investigation of the Property. During the term of this Agreement ("Feasibility Period"), CRA, and CRA's agents, employees, designees, Contractors, surveyors, engineers, architects, attorneys and other consultants (collectively, "Agents"), shall have the right, at CRA's expense, to make inquiries of, and meet with members of Governmental Authorities regarding the Property and to enter upon the Property, at any time and from time to time with reasonable notice to SELLER and so long as said investigations do not result in a business interruption, to perform any and all physical tests, inspections, and investigations of the Property, including but not limited to Phase I and Phase II investigations, which CRA may deem necessary. During this Feasibility Period, CRA may elect, in CRA's sole and absolute discretion, to terminate this contract and receive back all Deposits hereunder. If CRA elects to terminate this Agreement in accordance with this Section, CRA shall: (i) leave the Property in substantially the condition existing on the Effective Date, subject to such disturbance as was reasonably necessary or convenient in the testing and investigation of the Property; (ii) to the extent practicable, shall repair and restore any damage caused to the Property by CRA' s testing and investigation; and (iii) release to SELLER, at no cost, all reports and other work generated as a result of the CRA's PURCHASE AGREEMENT Page 3 of 12 testing and investigation. CRA hereby agrees to indemnify and hold SELLER harmless from and against all claims, losses, expenses, demands and liabilities, including, but not limited to, attorney's fees, for nonpayment for services rendered to CRA (including, without limitation, any construction liens resulting therefrom) or for damage to persons or property (subject to the limitation on practicability provided above) arising out of CRA's investigation of the Property. CRA's obligations under this Section shall survive the termination, expiration or Closing of this Agreement. However, CRA's indemnification obligations shall not exceed the statutory limits provided within Section 768.28, Florida Statutes, and CRA does not otherwise waive its sovereign immunity rights. SELLER hereby agrees to indemnify and hold CRA harmless from and against all claims, losses, expenses, demands and liabilities, including, but not limited to, attorney's fees, for nonpayment for services rendered to SELLER or for damage to persons or property (subject to the limitation on practicability provided above) arising out of CRA's investigation of the Property. SELLER'S obligations under this Section shall survive the termination, expiration or Closing of this Agreement. 7.1 Seller's Documents: SELLER shall deliver to CRA the following documents and instruments within five (5) days of the Effective Date of this Agreement: copies of any reports or studies (including environmental, engineering, surveys, soil borings and other physical reports) in SELLER' possession or control with respect to the physical condition of the Property, if any. 7.2 Title Review. Within ten (10) days of the Effective Date, CRA shall obtain, at the CRA's expense, from a Title Company chosen by CRA (hereinafter "Title Company"), a Title Commitment covering the Property and proposing to insure CRA in the amount of the Purchase Price subject only to the Permitted Exceptions, together with complete and legible copies of all instruments identified as conditions or exceptions in Schedule B of the Title Commitment. CRA shall examine the Title Commitment and deliver written notice to SELLER no later than twenty (20) days after the Effective Date notifying SELLER of any objections CRA has to the condition of title (hereinafter "CRA Title Objections"). If CRA fails to deliver the CRA Title Objections to SELLER within the aforesaid review period, title shall be deemed accepted subject to the conditions set forth in the Title Commitment. If CRA timely delivers the CRA Title Objections, then SELLER shall have thirty (30) days to diligently and in good faith undertake all necessary activities to cure and remove the CRA Title Objections (hereinafter "Cure Period"). In the event that SELLER is unable to cure and remove, or cause to be cured and removed, the CRA Title Objections within the Cure Period, to the satisfaction of CRA, then CRA, in CRA's sole and absolute discretion, shall have the option of (i) extending the Cure Period and the Closing for one additional thirty (30) day period, or (ii) accepting the Title to the Property as of the time of Closing or (iii) canceling and terminating this Agreement, in which case, the Deposit shall be returned to CRA and the Parties shall have no further obligations or liability hereunder, except for those expressly provided herein to survive termination of this Agreement. Prior to the Closing, CRA shall have the right to cause the Title Company to issue an updated Title Commitment ("Title Update") covering the Property. If any Title Update contains any conditions which did not appear in the Title Commitment, and such items render title unmarketable, CRA shall have the right to object to such new or different conditions in PURCHASE AGREEMENT Page 4 of 12 writing prior to Closing. All rights and objections of the Parties with respect to objections arising from the Title Update shall be the same as objections to items appearing in the Title Commitment, subject to the provisions of this Section. 7.3. Survey Review. CRA, at CRA's expense, may obtain a current boundary survey (the "Survey") of the Property, indicating the number of acres comprising the Property to the nearest 1/100th of an acre. If the Survey discloses encroachments on the Property or that improvements located thereon encroach on setback lines, easements, lands of others or violate any restrictions, covenants of this Agreement, or applicable governmental regulations, the same shall constitute a title defect and shall be governed by the provisions of Section 7.3 concerning title objections. 8. CONDITIONS TO CLOSING. CRA shall not be obligated to close on the purchase of the Property unless each of the following conditions (collectively, the "Conditions to Closing") are either fulfilled or waived by CRA in writing: 8.1. Representations and Warranties. All of the representations and warranties of SELLER contained in this Agreement shall be true and correct as of Closing. 8.2. Condition of Property. The physical condition of the Property shall be the same on the date of Closing as on the Effective Date, reasonable wear and tear excepted. 8.3. Pending Proceedings. At Closing, there shall be no litigation or administrative agency or other governmental proceeding of any kind whatsoever, pending or threatened, which has not been disclosed, prior to closing, and accepted by CRA. 8.4. Compliance with Laws and Regulations. The Property shall be in compliance with all applicable federal, state and local laws, ordinances, rules, regulations, codes, requirements, licenses, permits and authorizations as of the date of Closing. 9. CLOSING DOCUMENTS. The CRA shall prepare, or cause to be prepared, the Closing Documents set forth in this Section, except for documents prepared by the Title Company. At Closing, SELLER shall execute and deliver, or cause to be executed and delivered, to CRA the following documents and instruments: 9.1. Deed. A Warranty Deed (the "Deed") conveying to CRA valid, good, marketable and insurable fee simple title to the Property free and clear of all liens, encumbrances and other conditions of title other than the Permitted Exceptions. 9.2 Seller's Affidavits. SELLER shall furnish to CRA an owner's affidavit attesting that, to the best of its knowledge, no individual or entity has any claim against the Property under the applicable construction lien law; and that there are no parties in possession of the Property other than SELLER. SELLER shall also furnish to CRA a non-foreign affidavit with respect to the Property. In the event SELLER is unable to deliver its affidavits referenced above, the same shall be deemed an uncured title objection. PURCHASE AGREEMENT Page 5 of 12 9.3. Closing Statement. A closing statement setting forth the Purchase Price, the Deposit, all credits, adjustments and prorations between CRA and SELLER, all costs and expenses to be paid at Closing, and the net proceeds due SELLER, which CRA shall also execute and deliver at Closing. 9.4. Corrective Documents. Documentation required to clear title to the Property of all liens, encumbrances and exceptions, if any, other than Permitted Exceptions. 9.5. Additional Documents. Such other documents as CRA or the Title Company may reasonably request that SELLER execute and deliver, and any other documents required by this Agreement or reasonably necessary in order to close this transaction and effectuate the terms of this Agreement. 10. PRORA nONS. CLOSING COSTS AND CLOSING PROCEDURES. 10.1. Prorations. Taxes, assessments, rents, interest, insurance and other expenses of the Property shall be prorated through the day before Closing. CRA shall have the option of taking over existing policies of insurance, if assumable, in which event premiums shall be prorated. Cash at Closing shall be increased or decreased as may be required by prorations to be made through the day prior to Closing. Advance rent and security deposits, if any, will be credited to CRA. Taxes shall be prorated based upon the current year's tax with due allowance made for maximum allowable discount. If Closing occurs at a date when the current year's millage is not fixed and current year's assessment is available, taxes will be prorated based upon such assessment and prior year's millage. If current year's assessment is not available, then taxes will be prorated on prior year's tax. A tax proration based on an estimate shall, at request of either party, be readjusted upon receipt oftax bill. 10.2. Special Assessment Liens. Certified, confirmed and ratified special assessment liens imposed by public bodies as of Closing are to be paid by SELLER. Pending liens as of Closing shall be assumed by CRA. If the improvement has been substantially completed as of the Effective Date, any pending lien shall be considered certified, confirmed or ratified and SELLER shall, at Closing, be charged an amount equal to the last estimate or assessment for the improvement by the public body. 10.3. Closing Costs. Seller shall pay for documentary stamps on the deed, recording the deed and half of all general closing expenses (settlement fee, courier fees, overnight packages, etc.). All other costs of closing shall be borne by CRA. 10.4 Closing Procedure. CRA shall fund the Purchase Price subject to the credits, offsets and prorations set forth herein. SELLER and CRA (as applicable) shall execute and deliver to Closing Agent the Closing Documents. The Closing Agent shall, at Closing: (i) disburse the sale proceeds to SELLER; (ii) deliver the Closing Documents and a "marked-up" Title Commitment to CRA, and promptly thereafter, record the Deed and other recordable Closing Documents in the appropriate public records. 10.5 Existing Mortgages and Other Liens. At Closing, SELLER shall obtain, PURCHASE AGREEMENT Page 6 of 12 or cause to be obtained, satisfaction or release of record of all mortgages, liens and judgments applicable to and encumbering the Property. 11. REPRESENTATIONS. COVENANTS AND WARRANTIES. 11.1 Seller's Representations and Warranties. SELLER hereby represents, covenants and warrants to CRA, as of the Effective Date and as of the Closing Date, as follows: 11.2. Authority. The execution and delivery of this Agreement by SELLER and the consummation by SELLER of the transaction contemplated by this Agreement are within SELLER'S capacity and all requisite action has been taken to make this Agreement valid and binding on SELLER in accordance with its terms. The person executing this Agreement on behalf of SELLER has been duly authorized to act on behalf of and to bind SELLER, and this Agreement represents a valid and binding obligation of SELLER. 11.3. Title. SELLER is and will be on the Closing Date, the owner of valid, good, marketable and insurable fee simple title to the Property, free and clear of all liens, encumbrances and restrictions of any kind, except the Permitted Exceptions (and encumbrances of record which will be discharged at Closing). 12. DEFAULT. 12.1. Purchaser's Default. In the event that this transaction fails to close due to a wrongful refusal to close or default on the part of CRA, subject to the provisions of Paragraph 12.3 below, the Deposit actually then being held by the Escrow Agent shall be paid by Escrow Agent to SELLER as agreed liquidated damages and, thereafter, neither CRA nor SELLER shall have any further obligation or liabilities under this Agreement, except for those expressly provided to survive the termination of this Agreement; provided, however, that CRA shall also be responsible for the removal of any liens asserted against the Property by persons claiming by, through or under CRA, but not otherwise. CRA and SELLER acknowledge that if CRA defaults, SELLER will suffer damages in an amount which cannot be ascertained with reasonable certainty on the Effective Date and that the amount of the Deposit being held by Escrow Agent most closely approximates the amount necessary to compensate SELLER. CRA and SELLER agree that this is a bona fide liquidated damages provision and not a penalty or forfeiture proVISIOn. 12.2. Seller's Default. In the event that SELLER shall fail to fully and timely perform any of its obligations or covenants hereunder or if any of SELLER'S representations are untrue or inaccurate, then, notwithstanding anything to the contrary contained in this Agreement, CRA may, at its option: (1) declare SELLER' in default under this Agreement by notice delivered to SELLER, in which event CRA may terminate this Agreement and demand that the Deposit be returned, including all interest thereon if any, in accordance with Section 3 and neither Party shall have any further rights hereunder or (2) seek specific performance of this Agreement, without waiving any action for damages. 12.3. Notice of Default. Prior to declaring a default and exercising the remedies PURCHASE AGREEMENT Page 7 of 12 described herein, the non-defaulting Party shall issue a notice of default to the defaulting Party describing the event or condition of default in sufficient detail to enable a reasonable person to determine the action necessary to cure the default. The defaulting Party shall have fifteen (15) days from delivery of the notice during which to cure the default, provided, however, that as to a failure to close, the cure period shall only be three (3) Business Days from the delivery of notice. Both parties agree that if an extension is requested, such extension shall not be unreasonably withheld. If the default has not been cured within the aforesaid period, the non-defaulting Party may exercise the remedies described above. 12.4. Survival. The provisions of this Section 12 shall survive the termination of this Agreement. 13. NOTICES. All notices required in this Agreement must be in writing and shall be considered delivered when received by certified mail, return receipt requested, or personal delivery to the following addresses: If to Seller: Peters Boynton Terrace LLC 6023 Le-Iac Road Boca Raton, Florida 33496 If to Buyer: Boynton Beach Community Redevelopment Agency 915 S. Federal Highway Boynton Beach, FL 33435 Phone: 561/737-3256 Facsimile: 561/737-3258 With a copy to: Kenneth G. Spillias, Esq. Lewis, Longman & Walker, P.A. 1700 Palm Beach Lakes Boulevard, Suite 1000 West Palm Beach, Florida 33401 PH: 561/640-0820 FX: 561/640-8202 14. BINDING OBLIGA TIONI ASSIGNMENT. The terms and conditions of this Agreement are hereby made binding on, and shall inure to the benefit of, the successors and permitted assigns of the Parties hereto. SELLER may not assign its interest in this Agreement without the prior written consent of CRA, which shall not be unreasonably withheld. CRA shall have the right to assign this Agreement to the City of Boynton Beach (the "City") without the prior consent of SELLER and the CRA shall be released from any further obligations and liabilities under this Agreement. The CRA may not assign this Agreement to any other party without the prior written approval of SELLER, which shall not unreasonably withheld. If CRA has been dissolved as an entity while this Agreement and/or the attached Lease Agreement are in effect, the provisions of section 163.357(1), Florida Statutes, (as it may be amended from time to time), shall apply. 15. RISK OF LOSS. In the event the condition of the Property, or any part thereof, is PURCHASE AGREEMENT Page 8 of 12 materially altered by an act of God or other natural force beyond the control of SELLER, CRA may elect, as its sole option, to terminate this Agreement and the parties shall have no further obligations under this agreement and all Deposits hereunder shall be refunded to CRA, or CRA may accept the Property without any reduction in the value ofthe Property. 16. BROKER FEES. The Parties hereby confirm that neither of them has dealt with any broker in connection with the transaction contemplated by this Agreement. Each Party shall indemnify, defend and hold harmless the other Party from and against any and all claims, losses, damages, costs or expenses (including, without limitation, attorney's fees) of any. kind or character arising out of or resulting from any agreement, arrangement or understanding alleged to have been made by either Party or on its behalf with any broker or finder in connection with this Agreement. The provisions of this Section shall survive Closing or termination of this Agreement. 17.0 Environmental Conditions. 17.1. For purposes of this Agreement, pollutant ("Pollutant") shall mean any hazardous or toxic substance, material, or waste of any kind or any contaminant, pollutant, petroleum, petroleum product or petroleum by-product as defined or regulated by environmental laws. Disposal ("Disposal") shall mean the release, storage, use, handling, discharge, or disposal of such Pollutants. Environmental laws ("Environmental Laws") shall mean any applicable federal, state, or local laws, statutes, ordinances, rules, regulations or other governmental restrictions. 17.1.1 As a material inducement to CRA entering into this Agreement, SELLER hereby warrants and represents the following, as applicable: (1) That SELLER and occupants of the Property have obtained and are in full compliance with any and all permits regarding the Disposal of Pollutants on the Property or contiguous property owned by SELLER, to the best of SELLER' knowledge. (2) SELLER is not aware nor does it have any notice of any past, present or future events, conditions, activities or practices which may give rise to any liability or form a basis for any claim, demand, cost or action relating to the Disposal of any Pollutant on the Property. SELLER is not aware nor does it have any notice of any past, present or future events, conditions, activities or practices on contiguous property that is owned by SELLER which may give rise to any liability or form a basis for any claim, demand, cost or action relating to the Disposal of any Pollutant affecting the SELLER property. (3) There is no civil, criminal or administrative action, suit, claim, demand, investigation or notice of violation pending or, to the best of that entity's knowledge, threatened against SELLER or the Property relating in any way to the Disposal of Pollutants on the Property, any portion thereof, or on any contiguous property owned by SELLER. 17.2 Additional Warranties and Representations of SELLER. As a material inducement to CRA entering into this Agreement, SELLER, to the best of SELLER' information and belief, hereby represents and warrants the following: PURCHASE AGREEMENT Page 9 of 12 17.2.1 There are no pending applications, permits, petitions, contracts, approvals, or other proceedings with any governmental or quasi-governmental authority, including but not limited to, CRA, municipalities, counties, districts, utilities, and/or federal or state agencies, concerning the use or operation of, or title to the Property or any portion thereof and SELLER has not granted or is not obligated to grant any interest in the Property to any of the foregoing entities. 17.2.2 There are no facts believed by SELLER to be material to the use, condition and operation of the Property in the manner that it has been used or operated, which it has not disclosed to CRA herein, including but not limited to unrecorded instruments or defects in the condition of the Property which will impair the use or operation of the Property in any manner. 17.2.3 To the best of SELLER' knowledge, the Property and the use and operation thereof are in compliance with all applicable county and governmental laws, ordinances, regulations, licenses, permits and authorizations, including, without limitation, applicable zoning and environmental laws and regulations. 17.3 SELLER Deliveries. SELLER shall deliver to CRA the following documents and instruments within ten (10) days of the Effective Date of this Agreement, except as specifically indicated: 17.3.1 Copies of any reports or studies (including engineering, environmental, soil borings, and other physical inspection reports), in SELLER' possession or control with respect to the physical condition or operation of the Property, if any. 17.3.2 Copies of all licenses, variances, waivers, permits (including but not limited to all surface water management permits, wetland resource permits, consumptive use permits and environmental resource permits), authorizations, and approvals required by law or by any governmental or private authority having jurisdiction over the Property, or any portion thereof (the "Governmental Approvals"), which are material to the use or operation of the Property, if any. 17.3.3 Prior to the Closing Date, SELLER shall execute and deliver to CRA any and all documents and instruments required by CRA, in CRA's sole and absolute discretion, which: (i) effectuate the transfer to CRA of those Governmental Approvals, or portions thereof which are applicable to the Property, that CRA desires to have assigned to it, and/or (ii) cause the Property to be withdrawn from any Governmental Approvals. No later than thirty (30) days prior to the Closing Date, SELLER shall remedy, restore, and rectify any and all violations of the Governmental Approvals (including but not limited to any and all portions of the surface water management system, mitigation areas or other items which do not comply with the Governmental Approvals or applicable rules), if any. SELLER warrants that there will not be, at the time of Closing, any unrecorded instruments affecting the title to the Property, including, but not limited to any conveyances, easements, licenses or leases. PURCHASE AGREEMENT Page lO of]2 18. MISCELLANEOUS. 18.1. General. This Agreement, and any amendment hereto, may be executed in any number of counterparts, each of which shall be deemed to be an original and all of which shall, together, constitute one and the same instrument. The section and paragraph headings herein contained are for the purposes of identification only and shall not be considered in construing this Agreement. Reference to a Section shall be deemed to be a reference to the entire Section, unless otherwise specified. No modification or amendment of this Agreement shall be of any force or effect unless in writing executed by Parties. This Agreement sets forth the entire agreement between the Parties relating to the Property and all subject matter herein and supersedes all prior and contemporaneous negotiations, understandings and agreements, written or oral, between the Parties. This Agreement shall be interpreted in accordance with the laws of the State of Florida. The Parties hereby agree that jurisdiction of any litigation brought arising out of this Agreement shall be in the Fifteenth Judicial Circuit in and for Palm Beach County, Florida, or, should any cause of action be limited to federal jurisdiction only, in the United States District Court for the Southern District Court of Florida. 18.2. Computation of Time. Any reference herein to time periods which are not measured in Business Days and which are less than six (6) days, shall exclude Saturdays, Sundays and legal holidays in the computation thereof. Any time period provided for in this Agreement which ends on a Saturday, Sunday or legal holiday shall extend to 5:00 p.m. on the next full Business Day. Time is of the essence in the performance of all obligations under this Agreement. Time periods commencing with the Effective Date shall not include the Effective Date in the calculation thereof. 18.3. Waiver. Neither the failure of a party to insist upon a strict performance of any of the terms, provisions, covenants, agreements and conditions hereof, nor the acceptance of any item by a party with knowledge of a breach of this Agreement by the other party in the performance of their respective obligations hereunder, shall be deemed a waiver of any rights or remedies that a party may have or a waiver of any subsequent breach or default in any of such terms, provisions, covenants, agreements or conditions. This paragraph shall survive termination of this Agreement and the Closing. 18.4. Construction of Agreement. The Parties to this Agreement, through counsel, have participated freely in the negotiation and preparation hereof. Neither this Agreement nor any amendment hereto shall be more strictly construed against any of the Parties. As used in this Agreement, or any amendment hereto, the masculine shall include the feminine, the singular shall include the plural, and the plural shall include the singular, as the context may require. Provisions of this Agreement that expressly provide that they survive the Closing shall not merge into the Deed. 18.5. Severability. If any provision of this Agreement or the application thereof shall, for any reason and to any extent, be invalid or unenforceable, neither the remainder of this Agreement nor the application of the provision to other persons, entities or circumstances shall be affected thereby, but instead shall be enforced to the maximum extent permitted by law. The provisions of this Section shall apply to any amendment of this Agreement. PURCHASE AGREEMENT Page II of 12 18.6 Handwritten Provisions. Handwritten provisions inserted in this Agreement and initialed by CRA and SELLER shall control all printed provisions in conflict therewith. 18.7 Waiver of Jury Trial. As an inducement to CRA agreeing to enter into this Agreement, CRA and SELLER hereby waive trial by jury in any action or proceeding brought by either party against the other party pertaining to any matter whatsoever arising out of or in any way connected with this Agreement. 18.8. Attorneys Fees and Costs. Should it be necessary to bring an action to enforce any of the provisions of this Agreement, reasonable attorneys' fees and costs, including those at the appellate level, shall be awarded to the prevailing party. 18.9 Binding Authority. Each party hereby represents and warrants to the other that each person executing this Agreement on behalf of the CRA and SELLER has full right and lawful authority to execute this Agreement and to bind and obligate the party for whom or on whose behalf he or she is signing with respect to all provisions contained in this Agreement. 18.10 Recording. This Agreement may be recorded in the Public Records of Palm Beach County, Florida. 18.11 Survival. The covenants, warranties, representations, indemnities and undertakings of SELLER set forth in this Agreement, shall survive the Closing, the delivery and recording of the SELLER Property Deed and CRA's possession of the Property. 18.12 SELLER Attornevs' Fees and Costs. SELLER acknowledges and agrees that SELLER shall be responsible for its own attorneys' fees and all costs, if any, incurred by SELLER in connection with the transaction contemplated by this Agreement. PURCHASE AGREEMENT Page 12 of 12 date. IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective BUYER BOYNTON BEACH COMMUNITY REDEVELOPMENT AGENCY By: Print Name: Henderson Tillman Title: Chair DATE: 2006 Witnesses: DATE: 2006 Approved as to form and legal sufficiency: CRA Attorney SELLER PETERS BOYNTON TERRACE, LLC. By: Print Name: Doug Peters Title: Managing Member DATE: 2006 Witnesses: DATE: 2006 I:\Client Documents\Boynton Beach CRA\2419-026 - pf Peters Boynton Terrace, LLC\Misc\Purchase Agreement {Peters Boynton Terrace LLC).doc Proposed Redevelopment Work Program for the Heart of Boynton Community Fiscal Year 2006/2007 Based on the recommendations of the Treasure Coast Regional Planning Councils HOB Feasibility Analysis, the adopted Heart of Boynton Community Redevelopment Plan, and Board direction, staff is bringing various initiatives forward to ensure that the Heart of Boynton will be redeveloped in the near future, reduce displacement of current residents by creating opportunities for workforce housing and encourage the growth of locally' owned businesses. CRA Staff Project Recommendations The Feasibility Analysis recommends the following actions to redevelop the heart of Boynton: · Create successful catalyst projects to encourage further private sector investment. · Use incentives such as financial, density, etc. to spur investment. · Tie incentives to CRA goals of quality design and affordability. · To achieve realistic market pricing of $265,000 - $280,000, subsidies will be required. 1. Provide gap funding to the developer of Ocean Breeze to make 100% of the project affordable. $1,200,000 2. Acquire property on behalf of the Boynton Beach Faith-Based CDC to develop a town home project that is 100% affordable (approximately 25 units) with sales prices approx. $250,000. $ 500,000 3. Acquire property on the west side of Sea crest adjacent to Phase I of Ocean Breeze and sell to the developer at a discount to create a whole block of development. $ 500,000 4. Homebuyers Assistance Program - $3,000,000 5. Residential Improvement Program - Limit to Heart of Boynton Neighborhood, up to $20,000 no match required. $ 400,000 6. Contract with CDC to Administer Residential Improvement Program $ 25,000 7. Cherry Hill purchases - 7 properties $1,000,000 8. Community Improvement Grant - Youth program to assist with the maintenance of the community. Youth will receive a stipend. $ 25,000 9. Urban Housing InfilI Program-Single-family infill west of Sea crest $1,800,000 TOTAL $8,450,000 t t t t t . . . . . . . I I AN()I:l?~()~ &: CAl?l?~ I~C. SUMMARY OF IMPORTANT FACTS AND CONCLUSIONS Client: Boynton Beach Community Redevelopment Agency (CRA) Ownership (from tax rolls): Boynton Beach Investors, LLC Peters Boynton Terrace, LLC Property Rights Appraised: Fee Simple Estate Special Assumptions Reference: None Unusual Market Externality: None Location: West side of North Seacrest Boulevard (between NW 6th Avenue and NW 7th Avenue), Boynton Beach, Palm Beach County, Florida. Site/Land Area: 23,430 square feet Hazardous Waste Conditions: None observed. See Limiting Condition #12. Zoning: R3, Multiple-Family Dwelling District (10.8 Density Maximum); City of Boynton Beach. Flood Zone & Map Number: Zone C, 120196 0004 C, Map dated 9/30/82 Improvements: None 1 . . I I ., . . . . . . . . . . . . . . .. .. " " " " " f1' .. f1' f1' f1' fI' fI' r ~ ~()~l?'()~ & CAl?l?~ I~C. SUMMARY OF IMPORTANT FACTS AND CONCLUSIONS (CONTINUED) Current Use: Vacant Land Highest and Best Use: Redevelopment and/or assemblage Current Occupancy: N/A Marketing Time: Six to twelve months Market Value, Fee Simple Estate: $470,000 Date of Value: July 19,2006 Date of Report: August 9, 2006 Appraisers: Robert B. Banting, MAl, SRA State-Certified General Real Estate Appraiser RZ4 Michael J. Brady State-Certified Residential Real Estate Appraiser RD3648 2 x. NEW BUSINESS: B. PURCHASE AGREEEMENT - A PARCEL LOCATED IN CHERRY HILL SEP-06-2006 15:40 From: To:0007#2419#011#737325 P.1/2 ~' I~~" ~,yo.", .::;~. I".....~~"'\ ;;"'f'. 113 ""~ 30~YNTONICRA ~~3l: AICHI Iii East Side~ West Sid.~S.aside Renaissance BOYN.TON BEACH eRA AGENDA ITEM ST AFFREPORT eRA BOAR"D MEETING OF: Septemher 12.2006 AGENDA. ITEM: X. B. I j Consent Aeenda l..i ... Old 8usillll.'is x I N\:w Busilless ':'ublic HeHring Other SUBJECT~ Purchase Agreement tOI' a parcel located in Cllerry Hill SUMMARY: At the August eRA Hoard meetillS1 the Board approved the:; HOB Work hogram 06/07 (See attacl'K:J). As parl of the Progrl.lJ11, the eRA plans on pllrchn~ing 7 properties in the Cherry Hill ati;:a. These propeltk:s will be redeveloped into singh:: family residence:; in cornplianc,e with the HOB Community Redevelopment Plan. Stall'has negotiated witll the property OWnel' ofa vacant Jot ill the Cherry JIiIl area, The: appraIsed value is $100.000. The purch~~e price is $65,000. FISCAL IMPACT: $65~OOO plus closing co~ts. funds lo come from Hnnd II proceeds. RECOMM.}i~NDA TIONS: Approve the: purchase of the lot fl:om Mr. and Mrs. Rotlunan. LL~.~ eRA PlannillC T>ircctor T:V\GENDAS. CONSEN r AGENDAS, MONTHL '( Ref'ORTS\Cl')m~leted ^9"ndllltem ~flt'Jllest FOlln!; by M..t1f1fj\06 09 1:l eM BOlilrd nlttttlinA\Rolhm.,n PlIrchasl.l.doQ . PURCHASE AGREEMENT This Purchase Agreement (hereinafter "Agreement") is made and entered into as of the Effective Date (hereinafter defined), by and between BOYNTON BEACH COMMUNITY REDEVELOPMENT AGENCY, a public agency created pursuant to Chapter 163, Part III, of the Florida Statutes (hereinafter "CRA") and Stanley and Doris Rothman, husband and wife (hereinafter "SELLER"), having an address of 6965 Ashton Street, Boynton Beach, Florida 33437. In consideration of the mutual covenants and agreements herein set forth, the Parties hereto agree as follows: 1. PURCHASE AND SALE/PROPERTY. SELLER agrees to sell and convey to CRA and CRA agrees to purchase and acquire from SELLER, on the terms and conditions hereinafter set forth, the Property located in Palm Beach County, Florida (the "Property") and more particularly described as follows: Lot 452 and 453, Cherry Hills, according to the plat thereof, as recorded in Plat Book 4, Page 58 of the Public Records of Palm Beach County, Florida 2. PURCHASE PRICE AND PAYMENT. The Purchase Price to be paid for the Property shall be Sixty-Five Thousand and 00/100 ($65,000.00) Dollars, payable in cash, by wire transfer of United States Dollars at the Closing. 3. DEPOSIT. 3.1 Earnest Money Deposit. Within three (3) Business Days after the Effective Date, Purchaser shall deliver to Lewis, Longman & Walker, P.A.("Escrow Agent") a deposit in the amount ofTen and 00/100 ($10.00) Dollars (the "Deposit"). 3.2 ApplicationlDisbursement of Deposit. The Deposit shall be applied and disbursed as follows: The Deposit shall be delivered to SELLER at Closing and the CRA shall receive credit for such amount against the Purchase Price. If this Agreement is terminated during the Feasibility Period (hereinafter defined) for any reason, the Deposit shall be immediately refunded to the CRA. If this Agreement is terminated due to a default, pursuant to Section 12, the Deposit shall be delivered to (or retained by, as applicable) the non-defaulting Party, and the non-defaulting Party shall have such additional rights, if any, as are provided in Section 12. 3.3 Escrow Agent. CRA and SELLER authorize Escrow Agent to receive, deposit and hold funds in escrow and, subject to clearance, disburse them upon proper authorization and in accordance with Florida law and the terms of this Agreement. The parties agree that Escrow Agent will not be liable to any person for misdelivery of escrowed items to CRA and SELLER, unless the misdelivery is due to Escrow Agent's willful breach of this PURCHASE AGREEMENT Page 2 of 12 Agreement or gross negligence. If Escrow Agent interpleads the subject matter of the escrow, Escrow Agent will pay the filing fees and costs from the deposit and will recover reasonable attorney's fees and costs to be paid from the escrowed funds which are charged and awarded as court costs in favor of the prevailing party. All claims against Escrow Agent will be arbitrated, so long as Escrow Agent consents to arbitrate. 4. TIME FOR ACCEPTANCE OF OFFER AND COUNTEROFFERS; EFFECTIVE DATE. If this Agreement is not executed by and delivered to all parties on or before September 29,2006, the Deposit will, at CRA's option, be returned and this offer shall be deemed withdrawn. Unless otherwise stated, the time for acceptance of any counteroffers shall be five (5) days from the date the counteroffer is delivered. The date of this Agreement (the "Effective Date") shall be the date when the last one of the CRA and SELLER has signed or initialed this offer or the final counteroffer. 5. CLOSING. The purchase and sale transaction contemplated herein shall close on or before October 13, 2006 (the "Closing"), unless extended by other provisions of this Agreement or by written agreement, signed by both parties, extending the Closing. 6. TITLE TO BE CONVEYED. At Closing, SELLER shall convey to CRA, by Warranty Deed complying with the requirements of the Title Commitment (hereinafter defined), valid, good, marketable and insurable title in fee simple to the Property, free and clear of any and all liens, encumbrances, conditions, easements, assessments, restrictions and other conditions except only the following (collectively, the "Permitted Exceptions"): (a) general real estate taxes and special assessments for the year of Closing and subsequent years not yet due and payable; (b) covenants, conditions, easements, dedications, rights-of-way and matters of record included on the Title Commitment or shown on the Survey (defined in Section 7), to which CRA fails to object, or which CRA agrees to accept, pursuant to Section 7.1 and Section 7.2 hereof. 7.0 Investigation of the Property. During the term of this Agreement ("Feasibility Period"), CRA, and CRA's agents, employees, designees, Contractors, surveyors, engineers, architects, attorneys and other consultants (collectively, "Agents"), shall have the right, at CRA's expense, to make inquiries of, and meet with members of Governmental Authorities regarding the Property and to enter upon the Property, at any time and from time to time with reasonable notice to SELLER and so long as said investigations do not result in a business interruption, to perform any and all physical tests, inspections, and investigations of the Property, including but not limited to Phase I and Phase II investigations, which CRA may deem necessary. During this Feasibility Period, CRA may elect, in CRA's sole and absolute discretion, to terminate this contract and receive back all Deposits hereunder. If CRAelects to terminate this Agreement in accordance with this Section, CRA shall: (i) leave the Property in substantially the condition existing on the Effective Date, subject to such disturbance as was reasonably necessary or convenient in the testing and investigation of the Property; (ii) to the extent practicable, shall repair and restore any damage caused to the Property by CRA' s testing and investigation; and (iii) release to SELLER, at no cost, all reports and other work generated as a result of the CRA's testing and investigation. CRA hereby agrees to indemnify and hold SELLER harmless from and against all claims, losses, expenses, demands and liabilities, including, but not limited to, attorney's fees, for nonpayment for services rendered to CRA (including, without limitation, any 09/05/20065:21 :49 PMT:\DEVELOPMENMOB\Cherry HiII\Purchase Agreement (Rothman Cherry HiJI).doc PURCHASE AGREEMENT Page 3 of 12 construction liens resulting therefrom) or for damage to persons or property (subject to the limitation on practicability provided above) arising out of CRA's investigation of the Property. CRA's obligations under this Section shall survive the termination, expiration or Closing of this Agreement. However, CRA's indemnification obligations shall not exceed the statutory limits provided within Section 768.28, Florida Statutes, and CRA does not otherwise waive its sovereign immunity rights. SELLER hereby agrees to indemnify and hold CRA harmless from and against all claims, losses, expenses, demands and liabilities, including, but not limited to, attorney's fees, for nonpayment for services rendered to SELLER or for damage to persons or property (subject to the limitation on practicability provided above) arising out of CRA's investigation of the Property. SELLER' obligations under this Section shall survive the termination, expiration or Closing of this Agreement. 7.1 SELLER's Documents: SELLER shall deliver to CRA the following documents and instruments within five (5) days of the Effective Date of this Agreement: copies of any reports or studies (including environmental, engineering, surveys, soil borings and other physical reports) in SELLER' possession or control with respect to the physical condition of the Property, if any. 7.2 Title Review. Within ten (10) days of the Effective Date, CRA shall obtain, at the CRA's expense, from a Title Company chosen by CRA (hereinafter "Title Company"), a Title Commitment covering the Property and proposing to insure CRA in the amount of the Purchase Price subject only to the Permitted Exceptions, together with complete and legible copies of all instruments identified as conditions or exceptions in Schedule B of the Title Commitment. CRA shall examine the Title Commitment and deliver written notice to SELLER no later than twenty (20) days after the Effective Date notifying SELLER of any objections CRA has to the condition of title (hereinafter "CRA Title Objections"). If CRA fails to deliver the CRA Title Objections to SELLER within the aforesaid review period, title shall be deemed accepted subject to the conditions set forth in the Title Commitment. If CRA timely delivers the CRA Title Objections, then SELLER shall have thirty (30) days to diligently and in good faith undertake all necessary activities to cure and remove the CRA Title Objections (hereinafter "Cure Period"). In the event that SELLER is unable to cure and remove, or cause to be cured and removed, the CRA Title Objections within the Cure Period, to the satisfaction of CRA, then CRA, in CRA's sole and absolute discretion, shall have the option of (i) extending the Cure Period and the Closing for one additional thirty (30) day period, or (ii) accepting the Title to the Property as of the time of Closing or (iii) canceling and terminating this Agreement, in which case, the Deposit shall be returned to CRA and the Parties shall have no further obligations or liability hereunder, except for those expressly provided herein to survive termination of this Agreement. Prior to the Closing, CRA shall have the right to cause the Title Company to issue an updated Title Commitment ("Title Update") covering the Property. If any Title Update contains any conditions which did not appear in the Title Commitment, and such items render title unmarketable, CRA shall have the right to object to such new or different conditions in writing prior to Closing. All rights and objections of the Parties with respect to objections arising from the Title Update shall be the same as objections to items appearing in the Title Commitment, subject to the provisions of this Section. 09/05/20065:21 :49 PMT:\DEVELOPMENT\HOB\Cherry Hill\Purchase Agreement (Rothman Cherry HiII).doc PURCHASE AGREEMENT Page 4 of 12 7.3. Survey Review. CRA, at CRA's expense, may obtain a current boundary survey (the "Survey") of the Property, indicating the number of acres comprising the Property to the nearest 1I100th of an acre. If the Survey discloses encroachments on the Property or that improvements located thereon encroach on setback lines, easements, lands of others or violate any restrictions, covenants of this Agreement, or applicable governmental regulations, the same shall constitute a title defect and shall be governed by the provisions of Section 7.3 concerning title objections. 8. CONDITIONS TO CLOSING. CRA shall not be obligated to close on the purchase of the Property unless each of the following conditions (collectively, the "Conditions to Closing") are either fulfilled or waived by CRA in writing: 8.1. Representations and Warranties. All of the representations and warranties of SELLER contained in this Agreement shall be true and correct as of Closing. 8.2. Condition of Property. The physical condition of the Property shall be the same on the date of Closing as on the Effective Date, reasonable wear and tear excepted. 8.3. Pending Proceedings. At Closing, there shall be no litigation or administrative agency or other governmental proceeding of any kind whatsoever, pending or threatened, which has not been disclosed, prior to closing, and accepted by CRA. 8.4. Comoliance with Laws and Regulations. The Property shall be in compliance with all applicable federal, state and local laws, ordinances, rules, regulations, codes, requirements, licenses, permits and authorizations as of the date of Closing. 9. CLOSING DOCUMENTS. The CRA shall prepare, or cause to be prepared, the Closing Documents set forth in this Section, except for documents prepared by the Title Company. At Closing, SELLER shall execute and deliver, or cause to be executed and delivered, to CRA the following documents and instruments: 9.1. Deed. A Warranty Deed (the "Deed") conveying to CRA valid, good, marketable and insurable fee simple title to the Property free and clear of all liens, encumbrances and other conditions of title other than the Permitted Exceptions. 9.2 SELLER's Affidavits. SELLER shall furnish to CRA an owner's affidavit attesting that, to the best of its knowledge, no individual or entity has any claim against the Property under the applicable construction lien law; and that there are no parties in possession of the Property other than SELLER. SELLER shall also furnish to CRA a non-foreign affidavit with respect to the Property. In the event SELLER is unable to deliver its affidavits referenced above, the same shall be deemed an uncured title objection. 9.3. Closing Statement. A closing statement setting forth the Purchase Price, the Deposit, all credits, adjustments and prorations between CRA and SELLER, all costs and expenses to be paid at Closing, and the net proceeds due SELLER, which CRA shall also execute 09/05/20065 :21 :49 PMT:\DEVELOPMENT\HOB\Cherry Hill\Purchase Agreement (Rothman Cherry Hill). doc PURCHASE AGREEMENT Page 5 of 12 and deliver at Closing. 9.4. Corrective Documents. Documentation required to clear title to the Property of all liens, encumbrances and exceptions, if any, other than Permitted Exceptions. 9.5. Additional Documents. Such other documents as CRA or the Title Company may reasonably request that SELLER execute and deliver, and any other documents required by this Agreement or reasonably necessary in order to close this transaction and effectuate the terms of this Agreement. 10. PRORATIONS. CLOSING COSTS AND CLOSING PROCEDURES. 10.1. Prorations. Taxes, assessments, rents, interest, insurance and other expenses of the Property shall be prorated through the day before Closing. CRA shall have the option of taking over existing policies of insurance, if assumable, in which event premiums shall be prorated. Cash at Closing shall be increased or decreased as may be required by prorations to be made through the day prior to Closing. Advance rent and security deposits, if any, will be credited to CRA. Taxes shall be prorated based upon the current year's tax with due allowance made for maximum allowable discount. If Closing occurs at a date when the current year's millage is not fixed and current year's assessment is available, taxes will be prorated based upon such assessment and prior year's millage. If current year's assessment is not available, then taxes will be prorated on prior year's tax. A tax proration based on an estimate shall, at request of either party, be readjusted upon receipt of tax bill. 10.2. Special Assessment Liens. Certified, confirmed and ratified special assessment liens imposed by public bodies as of Closing are to be paid by SELLER. Pending liens as of Closing shall be assumed by CRA. If the improvement has been substantially completed as of the Effective Date, any pending lien shall be considered certified, confirmed or ratified and SELLER shall, at Closing, be charged an amount equal to the last estimate or assessment for the improvement by the public body. 10.3. Closing Costs. SELLER shall pay for documentary stamps on the deed, recording the deed and half of all general closing expenses (settlement fee, courier fees, overnight packages, etc.). All other costs of closing shall be borne by CRA. 10.4 Closing Procedure. CRA shall fund the Purchase Price subject to the credits, offsets and prorations set forth herein. SELLER and CRA (as applicable) shall execute and deliver to Closing Agent the Closing Documents. The Closing Agent shall, at Closing: (i) disburse the sale proceeds to SELLER; (ii) deliver the Closing Documents and a "marked-up" Title Commitment to CRA, and promptly thereafter, record the Deed and other recordable Closing Documents in the appropriate public records. 10.5 Existing Mortgages and Other Liens. At Closing, SELLER shall obtain, or cause to be obtained, satisfaction or release of record of all mortgages, liens and judgments applicable to and encumbering the Property. 09/05/20065:21 :49 PMT:\DEVELOPMENT\HOB\Cherry HiII\Purchase Agreement (Rothman Cherry HiII).doc PURCHASE AGREEMENT Page 6 of 12 II. REPRESENTATIONS. COVENANTS AND WARRANTIES. 11.1 SELLER's Representations and Warranties. SELLER hereby represents, covenants and warrants to CRA, as of the Effective Date and as of the Closing Date, as follows: 11.2. Authority. The execution and delivery of this Agreement by SELLER and the consummation by SELLER of the transaction contemplated by this Agreement are within SELLER'S capacity and all requisite action has been taken to make this Agreement valid and binding on SELLER in accordance with its terms. The person executing this Agreement on behalf of SELLER has been duly authorized to act on behalf of and to bind SELLER, and this Agreement represents a valid and binding obligation of SELLER. 11.3. Title. SELLER is and will be on the Closing Date, the owner of valid, good, marketable and insurable fee simple title to the Property, free and clear of all liens, encumbrances and restrictions of any kind, except the Permitted Exceptions (and encumbrances of record which will be discharged at Closing). 12. DEFAULT. 12.1. Purchaser's Default. In the event that this transaction fails to close due to a wrongful refusal to close or default on the part of CRA, subject to the provisions of Paragraph 12.3 below, the Deposit actually then being held by the Escrow Agent shall be paid by Escrow Agent to SELLER as agreed liquidated damages and, thereafter, neither CRA nor SELLER shall have any further obligation or liabilities under this Agreement, except for those expressly provided to survive the termination of this Agreement; provided, however, that CRA shall also be responsible for the removal of any liens asserted against the Property by persons claiming by, through or under CRA, but not otherwise. CRA and SELLER acknowledge that if CRA defaults, SELLER will suffer damages in an amount which cannot be ascertained with reasonable certainty on the Effective Date and that the amount of the Deposit being held by Escrow Agent most closely approximates the amount necessary to compensate SELLER. CRA and SELLER agree that this is a bona fide liquidated damages provision and not a penalty or forfeiture provIsion. 12.2. SELLER's Default. In the event that SELLER shall fail to fully and timely perform any of its obligations or covenants hereunder or if any of SELLER'S representations are untrue or inaccurate, then, notwithstanding anything to the contrary contained in this Agreement, CRA may, at its option: (1) declare SELLER' in default under this Agreement by notice delivered to SELLER, in which event CRA may terminate this Agreement and demand that the Deposit be returned, including all interest thereon if any, in accordance with Section 3 and neither Party shall have any further rights hereunder or (2) seek specific performance of this Agreement, without waiving any action for damages. 12.3. Notice of Default. Prior to declaring a default and exercising the remedies described herein, the non-defaulting Party shall issue a notice of default to the defaulting Party describing the event or condition of default in sufficient detail to enable a reasonable person to determine the action necessary to cure the default. The defaulting Party shall have fifteen (15) 09/05/20065:21 :49 PMT:\DEVELOPMENT\HOB\Cherry HillIPurchase Agreement (Rothman Cherry HiIl).doc PURCHASE AGREEMENT Page 7 of 12 days from delivery of the notice during which to cure the default, provided, however, that as to a failure to close, the cure period shall only be three (3) Business Days from the delivery of notice. Both parties agree that if an extension is requested, such extension shall not be unreasonably withheld. If the default has not been cured within the aforesaid period, the non-defaulting Party may exercise the remedies described above. 12.4. Survival. The provisions of this Section 12 shall survive the termination of this Agreement. 13. NOTICES. All notices required in this Agreement must be in writing and shall be considered delivered when received by certified mail, return receipt requested, or personal delivery to the following addresses: If to SELLER: Stanley & Doris Rothman 6965 Ashton Street Boynton Beach, FL 33437 If to Buyer: Lisa Bright, Executive Director Boynton Beach Community Redevelopment Agency 915 S. Federal Highway Boynton Beach, FL 33435 Phone: 561/737-3256 Facsimile: 561/737-3258 With a copy to: Kenneth G. Spillias, Esq. Lewis, Longman & Walker, P.A. 1700 Palm Beach Lakes Boulevard, Suite 1000 West Palm Beach, Florida 33401 PH: 561/640-0820 FX: 561/640-8202 14. BINDING OBLIGATION/ASSIGNMENT. The terms and conditions of this Agreement are hereby made binding on, and shall inure to the benefit of, the successors and permitted assigns of the Parties hereto. SELLER may not assign its interest in this Agreement without the prior written consent of CRA, which shall not be unreasonably withheld. CRA shall have the right to assign this Agreement to the City of Boynton Beach (the "City") without the prior consent of SELLER and the CRA shall be released from any further obligations and liabilities under this Agreement. The CRA may not assign this Agreement to any other party without the prior written approval of SELLER, which shall not unreasonably withheld. If CRA has been dissolved as an entity while this Agreement and/or the attached Lease Agreement are in effect, the provisions of section 163.357(1), Florida Statutes, (as it may be amended from time to time), shall apply. 15. RISK OF LOSS. In the event the condition of the Property, or any part thereof, is materially altered by an act of God or other natural force beyond the control of SELLER, CRA may elect, as its sole option, to terminate this Agreement and the parties shall have no further 09/05/20065 :21 :49 PMT:\DEVELOPMENT\HOB\Cherry Hill\Purchase Agreement (Rothman Cherry Hill).doc PURCHASE AGREEMENT Page 8 of 12 obligations under this agreement and all Deposits hereunder shall be refunded to CRA, or CRA may accept the Property without any reduction in the value of the Property. 16. BROKER FEES. The Parties hereby confirm that neither of them has dealt with any broker in connection with the transaction contemplated by this Agreement. Each Party shall indemnify, defend and hold harmless the other Party from and against any and all claims, losses, damages, costs or expenses (including, without limitation, attorney's fees) of any kind or character arising out of or resulting from any agreement, arrangement or understanding alleged to have been made by either Party or on its behalf with any broker or finder in connection with this Agreement. The provisions of this Section shall survive Closing or termination of this Agreement. 17.0 Environmental Conditions. 17.1. For purposes of this Agreement, pollutant ("Pollutant") shall mean any hazardous or toxic substance, material, or waste of any kind or any contaminant, pollutant, petroleum, petroleum product or petroleum by-product as defined or regulated by environmental laws. Disposal ("Disposal ") shall mean the release, storage, use, handling, discharge, or disposal of such Pollutants. Environmental laws ("Environmental Laws") shall mean any applicable federal, state, or local laws, statutes, ordinances, rules, regulations or other governmental restrictions. 17.1.1 As a material inducement to CRA entering into this Agreement, SELLER hereby warrants and represents the following, as applicable: (1 ) That SELLER and occupants of the Property have obtained and are in full compliance with any and all permits regarding the Disposal of Pollutants on the Property or contiguous property owned by SELLER, to the best of SELLER' knowledge. (2) SELLER is not aware nor does it have any notice of any past, present or future events, conditions, activities or practices which may give rise to any liability or form a basis for any claim, demand, cost or action relating to the Disposal of any Pollutant on the Property. SELLER is not aware nor does it have any notice of any past, present or future events, conditions, activities or practices on contiguous property that is owned by SELLER which may give rise to any liability or form a basis for any claim, demand, cost or action relating to the Disposal of any Pollutant affecting the SELLER property. (3) There is no civil, criminal or administrative action, suit, claim, demand, investigation or notice of violation pending or, to the best of that entity's knowledge, threatened against SELLER or the Property relating in any way to the Disposal of Pollutants on the Property, any portion thereof, or on any contiguous property owned by SELLER. 17.2 Additional Warranties and Representations of SELLER. As a material . inducement to CRA entering into this Agreement, SELLER, to the best of SELLER' information and belief, hereby represents and warrants the following: 09/05/20065:21 :49 PMT:\DEVELOPMENT\HOB\Cherry HiII\Purchase Agreement (Rothman Cherry Hill).doc PURCHASE AGREEMENT Page 9 of 12 17.2.1 There are no pending applications, permits, petitions, contracts, approvals, or other proceedings with any governmental or quasi-governmental authority, including but not limited to, CRA, municipalities, counties, districts, utilities, and/or federal or state agencies, concerning the use or operation of, or title to the Property or any portion thereof and SELLER has not granted or is not obligated to grant any interest in the Property to any of the foregoing entities. 17.2.2 There are no facts believed by SELLER to be material to the use, condition and operation of the Property in the manner that it has been used or operated, which it has not disclosed to CRA herein, including but not limited to unrecorded instruments or defects in the condition of the Property which will impair the use or operation of the Property in any manner. 17.2.3 To the best of SELLER' knowledge, the Property and the use and operation thereof are in compliance with all applicable county and governmental laws, ordinances, regulations, licenses, permits and authorizations, including, without limitation, applicable zoning and environmental laws and regulations. 17.3 SELLER Deliveries. SELLER shall deliver to CRA the following documents and instruments within ten (10) days of the Effective Date ofthis Agreement, except as specifically indicated: 17.3.1 Copies of any reports or studies (including engineering, environmental, soil borings, and other physical inspection reports), in SELLER' possession or control with respect to the physical condition or operation of the Property, if any. 17.3.2 Copies of all licenses, variances, waivers, permits (including but not limited to all surface water management permits, wetland resource permits, consumptive use permits and environmental resource permits), authorizations, and approvals required by law or by any governmental or private authority having jurisdiction over the Property, or any portion thereof (the "Governmental Approvals"), which are material to the use or operation of the Property, if any. 17.3.3 Prior to the Closing Date, SELLER shall execute and deliver to CRA any and all documents and instruments required by CRA, in CRA's sole and absolute discretion, which: (i) effectuate the transfer to CRA of those Governmental Approvals, or portions thereof which are applicable to the Property, that CRA desires to have assigned to it, and/or (ii) cause the Property to be withdrawn from any Governmental Approvals. No later than thirty (30) days prior to the Closing Date, SELLER shall remedy, restore, and rectify any and all violations of the Governmental Approvals (including but not limited to any and all portions of the surface water management system, mitigation areas or other items which do not comply with the Governmental Approvals or applicable rules), if any. SELLER warrants that there will not be, at the time of Closing, any unrecorded instruments affecting the title to the Property, including, but not limited to any conveyances, easements, licenses or leases. 09/05/20065:21 :49 PMT:\DEVELOPMENT\HOB\Cherry HiII\Purchase Agreement (Rothman Cherry Hill).doc PURCHASE AGREEMENT Page 10 of 12 18. MISCELLANEOUS. 18.1. General. This Agreement, and any amendment hereto, may be executed in any number of counterparts, each of which shall be deemed to be an original and all of which shall, together, constitute one and the same instrument. The section and paragraph headings herein contained are for the purposes of identification only and shall not be considered in construing this Agreement. Reference to a Section shall be deemed to be a reference to the entire Section, unless otherwise specified. No modification or amendment of this Agreement shall be of any force or effect unless in writing executed by Parties. This Agreement sets forth the entire agreement between the Parties relating to the Property and all subject matter herein and supersedes all prior and contemporaneous negotiations, understandings and agreements, written or oral, between the Parties. This Agreement shall be interpreted in accordance with the laws of the State of Florida. The Parties hereby agree that jurisdiction of any litigation brought arising out of this Agreement shall be in the Fifteenth Judicial Circuit in and for Palm Beach County, Florida, or, should any cause of action be limited to federal jurisdiction only, in the United States District Court for the Southern District Court of Florida. 18.2. Computation of Time. Any reference herein to time periods which are not measured in Business Days and which are less than six (6) days, shall exclude Saturdays, Sundays and legal holidays in the computation thereof. Any time period provided for in this Agreement which ends on a Saturday, Sunday or legal holiday shall extend to 5 :00 p.m. on the next full Business Day. Time is of the essence in the performance of all obligations under this Agreement. Time periods commencing with the Effective Date shall not include the Effective Date in the calculation thereof. 18.3. Waiver. Neither the failure of a party to insist upon a strict performance of any of the terms, provisions, covenants, agreements and conditions hereof, nor the acceptance of any item by a party with knowledge of a breach of this Agreement by the other party in the performance of their respective obligations hereunder, shall be deemed a waiver of any rights or remedies that a party may have or a waiver of any subsequent breach or default in any of such terms, provisions, covenants, agreements or conditions. This paragraph shall survive termination of this Agreement and the Closing. 18.4. Construction of Agreement. The Parties to this Agreement, through counsel, have participated freely in the negotiation and preparation hereof. Neither this Agreement nor any amendment hereto shall be more strictly construed against any of the Parties. As used in this Agreement, or any amendment hereto, the masculine shall include the feminine, the singular shall include the plural, and the plural shall include the singular, as the context may require. Provisions of this Agreement that expressly provide that they survive the Closing shall not merge into the Deed. 18.5. Severability. If any provision of this Agreement or the application thereof shall, for any reason and to any extent, be invalid or unenforceable, neither the remainder of this Agreement nor the application of the provision to other persons, entities or circumstances shall be affected thereby, but instead shall be enforced to the maximum extent permitted by law. The provisions of this Section shall apply to any amendment of this Agreement. 09/05/20065 :21 :49 PMT:\DEVELOPMENT\HOB\Cherry HiII\Purchase Agreement (Rothman Cherry HiII).doc PURCHASE AGREEMENT Page II of 12 18.6 Handwritten Provisions. Handwritten provisions inserted in this Agreement and initialed by CRA and SELLER shall control all printed provisions in conflict therewith. 18.7 Waiver of Jury Trial. As an inducement to CRA agreeing to enter into this Agreement, CRA and SELLER hereby waive trial by jury in any action or proceeding brought by either party against the other party pertaining to any matter whatsoever arising out of or in any way connected with this Agreement. 18.8. Attorneys Fees and Costs. Should it be necessary to bring an action to enforce any of the provisions of this Agreement, reasonable attorneys' fees and costs, including those at the appellate level, shall be awarded to the prevailing party. 18.9 Binding Authority. Each party hereby represents and warrants to the other that each person executing this Agreement on behalf of the CRA and SELLER has full right and lawful authority to execute this Agreement and to bind and obligate the party for whom or on whose behalf he or she is signing with respect to all provisions contained in this Agreement. 18.10 Recording. This Agreement may be recorded in the Public Records of Palm Beach County, Florida. 18.11 Survival. The covenants, warranties, representations, indemnities and undertakings of SELLER set forth in this Agreement, shall survive the Closing, the delivery and recording of the SELLER Property Deed and CRA' s possession of the Property. 18.12 SELLER Attorneys' Fees and Costs. SELLER acknowledges and agrees that SELLER shall be responsible for its own attorneys' fees and all costs, if any, incurred by SELLER in connection with the transaction contemplated by this Agreement. 09/05/20065:21 :49 PMT:\DEVELOPMENT\HOB\Cherry HiII\Purchase Agreement (Rothman Cherry HiII).doc PURCHASE AGREEMENT Page 12 of 12 date. IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective BUYER SELLER BOYNTON BEACH COMMUNITY REDEVELOPMENT AGENCY By: Print Name: Henderson Tillman Title: Chair By: Print Name: Stanley Rothman Date: Date: By: Print Name: Doris Rothman Date: Witnesses: Witnesses: Name: Name: Approved as to form and legal sufficiency: CRA Attorney 09/05/20065 :21 :49 PMT:\DEVELOPMENT\HOB\Cherry HiII\Purchase Agreement (Rothman Cherry Hill). doc Proposed Redevelopment Work Program for the Heart of Boynton Community Fiscal Year 2006/2007 Based on the recommendations of the Treasure Coast Regional Planning Councils HOB Feasibility Analysis, the adopted Heart of Boynton Community Redevelopment Plan, and Board direction, staff is bringing various initiatives forward to ensure that the Heart of Boynton will be redeveloped in the near future, reduce displacement of current residents by creating opportunities for workforce housing and encourage the growth oflocaUy. owned businesses. CRA Staff Project Recommendations The Feasibility Analysis recommends the following actions to redevelop the heart of Boynton: · Create successful catalyst projects to encourage further private sector investment. · Use incentives such as financial, density, etc. to spur investment. · Tie incentives to CRA goals of quality design and affordability. · To achieve realistic market pricing of $265,000 - $280,000, subsidies will be required. I. Provide gap funding to the developer of Ocean Breeze to make 100% of the project affordable. $1,200,000 2. Acquire property on behalf of the Boynton Beach Faith-Based CDC to develop a town home project that is 100% affordable (approximately 25 units) with sales prices approx. $250,000. $ 500,000 3. Acquire property on the west side of Sea crest adjacent to Phase I of Ocean Breeze and sell to the developer at a discount to create a whole block of development. $ 500,000 4. Homebuyers Assistance Program - $3,000,000 5. Residential Improvement Program - Limit to Heart of Boynton Neighborhood, up to $20,000 no match required. $ 400,000 6. Contract with CDC to Administer Residential Improvement Program $ 25,000 7. Cherry Hill purchases - 7 properties $1,000,000 8. Community Improvement Grant - Youth program to assist with the maintenance of the community. Youth will receive a stipend. $ 25,000 9. Urban Housing Infill Program-Single-family infill west of Sea crest $1,800,000 TOTAL $8,450,000 LAND APPRAISAL REPORT .800OWtr Boyolon Bead1 Communltv Redevebomenl A.aencv '" ..... Addles~ xxx NW 12th Avenue '!lIon Beach COUl'lfy Palm Beach ;rI!llion CHERRY HILLS BOYNTON L 1S 452 3. 453 .~eSPoceDe,Sf OaleofSatt~lo"'Tmn~)'rs Pl'Ofll'fYR10hlsAPJllilstd ..l?5Jfet UltaSthOld LJDeMilllml~PU .AttualReaIEsIatf!TllInS~(yr) loancllarge5\()bellildbyselefS~Olt'ersHs[()ntmfOflS NJA LendeffClIert Boynlon BeOlch COmmunilv RelocabclIl Aoencv Address 915 Soufh Federal Hiclhwav BovnlOCl Bear./'l n 33435 Occupal1l NIA APPfillStf MIChelle J Jackson Inslruclions 10 "'''''''ISt! Lat'ld FOl'"m AograiSaJ lor possible aCQlJISition by lhe eRA 01 Boynton Beact'1 F Iorda ;~': ~ :"75\ ~ ~~U~~5% ~ ~~, 25\ Growth Rat~ 0 fully Dev 0 Raptll 0 Sll~ildy i&I Sklw PTO!*tY....lues OlllCnilslng ~Stilllle o Dec.nln\l DefNrQ'Sl4llllY 0 ShotUge r8J In Silane! 0 Oversupoly Mll1Iellng TJme DUllller JMos ~ HMos 0 Owe 6Mos "'mntlandUse ...1Q.\1 famlly....1Q%2..farrily -.!.Q\~s_ _'CondO--.2\Com'Il!HlilJ \ InduSTrial " Vatal1l 35\ ChUfCtv'Scl'loollPark Chal1O!lnPreseolLalllluse ~llkelY ~lIke+,I') OTJlcinQ~(.) (')From R2 fo Rl DDwnel tKlr!1lilnt 5 \V~anl $130000 101449000 Pr~~IueS200000 .-!.. yrs 10-1!2.. yrs Predorraninl Age -----.i!- yrs f~ "0 160541 000 Cen5uslfict~MapReterroc:e 100 St.JreFl bpCQM 33435 PreclOrnlfl,JntOr.CIIPinCY StnglefamityPrlceRange SinOlehml~Aoe fm('lloymercSlabillty COllYf:menc:e10 Emobymenl COrM:rllente10 SllOptJirllj Convtnlel\:e10 Scl\ools AdeQuiCyolPublicTriilflWOOioon f\ecreatJOnalfiCllltIes AcleQuacy01 llmes PrOOflTVCO~l1tIjity PJolKhon rll:Jm OefrllT1ertalConlllbons PokeindhrePTotectioo General AfllCirance01 Prope/bes Appeal 10 Marttl GoodAvgfilr Poor 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000 Commem 1IItllKbng lhose lactors, layorible 01 UIlI'avorable, ilIechllll mWtabJIitv (e II pubk pafks, schools, .,jew, noise) Sub'ec.l Pf'ooef1Y consi$ls 01 one Darcel thaI fronts alonQ lhe norlh side of NW 12th A\If!nue U51 soulh of !he Bovnlon Beach Canal C. t6. Thts C4INlI is the no,," bot,njary 0' the Hear1 of So on Rede merit Masler Plan, Sub eel site is vacant 1I1f~, This IS a Itanslte'lal neia/1borhood as the CRA of Boynton Beach has Dtans 10 I acauire ltle5e ptooerties and rezone them allowWla for teolaltino and redeve/oomem See General Teld Addendum tor 11KIhf!r ellDlana\lon =Slk~:n '~~ ;:~~:o;'~=':~.:; ~I MaD~K ,. PJts~2~~~ A~S do 0 OOrM)!CO~or~,;~:~~booS flghest aM :~:Se ~ 70:::e ~ 00lef :~~v~ ~~~~Suse Pla;:~ ~ ~:~ ~:;;~ ResKienoo flll~ r&I Steel Access Gj PublIc 0 Pnva&e SIn Twur lor neiahborhood Gas 0 None Surtace Asphalt Shape Rectanale Waitt' ~ AI road fronl ltQ!nlenance [8J I'utl~c 0 Pnv;1f: View Residenllal 52n Sewe! ~ AI road front. t8l Slorm Srwe' 0 Cvrb/GUlter DraJNge Aopears adeQuate o UnderQfoun:lElect&fet.DSldewal f5(1SUl!lt~ ""'~lot*dlnltl.lDtdeI!ltfItds,cIllRood~"II? ~NOOYtl ClImmen15 llf\'lll'_ or untMrIble lflCWng any ljlCUreo1 Il7ftrse cmrnenls, efI("u.cJvnenl1" 01 oller JlMtse tllllCMlon51. None noted a.~hough an Envwonme'ltal Phase I survey was not ordered or r~ by thIS atlDralSer and is beyond the scope 01 rh&$ assignment TtlEt subecl fO rt is curreJ!l!y in an area 0' of 5 !Cant crime. The F ulure Land Use Plan has deSlQnaled this area for residential re-develo men! 1lIe ~ hIS 1WleIl1llr. .<<.. hieS 01 ptoperlies.1lUl ~ar Itld pr~ 10 Sllbtecllfld~, tOll_red IfItSf lflllle mittel 1nilysr5 The llestr\OlOl1 inc:lOOt~ i OOhil ~ rellectrlg tNrUl rutton III flOSf: iletni at Slgflificarl wirilllon beIWftII lie SlIt1jecI and tllmlllrlllle prooerws " iI 5igrwI1C~ Ilem III lilt tOfflfYl';W/l prO\ll!~ ,s SIll/eflOl to la' fl1Drf llvor_ I\In Ill! WbjecIII~, iI flIrUS I,) ~1S made hIS Muc:Jllllhe mcllld wilkie 01 sublecl, ~ I sqWlll;~ rlemlT' tIlr: Cl}ffljWiOll rs JIllen(}llc or 1m lworal* lNnll'le SUbteC1Pfopeftt', a plus (+) ~stmen:.s made II'lls Il'ICruSlflllItll! lflIIIca1ed valUeollllesubleC1 ITEM T PR RTY OMPARABt[ NO, 1 COMP E NO Adltess XXX NW 121hAvenue 125-131 SW 1S1 Avenue 3501 Old Dixie Highwav Boynton Beach Bovntoo Beach Bovnton Beach Prmornitv Itl Subiec! Or t.15 miles 279 miles COMPAIWl E NO 3 111 NE 3rd Avenue 8o'l'11on Beach 013miles Pnce Df!r SF H 2'.55 IS 18045 II 21.36 Price T olal Sales Pnce .. II 315 DOO IS 225000 -' IS 14.~...QQQ. .... " Public Records Files Public Records Files Public Records Files Public Records F NeS OateotSileancf DEe O!SC""'ION + - DESCRIPTION +- '" DESCRIPTION ~ ~ If. Ad usl TimeAd~tnenl NJA 0912212005 . 65 04107/2006 Acwe Listm ..- N side offollN 12th N sideofSW 1st ~,OO N s!deo'OldOiXie : -2,00 N. side 01 HE 3rd ., 00 Mo'I'.. 5227 SF/ Res, 17 400 SFiRes 12 '91 SFfR.R +55 6979SFIRes 1- ''5i1!_ 12 AaesJAverane 399 Acres/Average 28 Acre&JAveraoe .16 Acres/Avo R2 R:2 R2 Medrum Residential Medium Resldentllll Medium Residential : Medium Resldentral On ~......Paoe 14111211032 1'322/'..2,1.0,'.... 20169/1869 NIA SMes Of FinancIng NIA Nono None NIA ConceUIOnS Ad r-.. IX1 - J 35 + lXl ~ : 5 1-45 .. fxJ _ : 5 _-----!. ~=tVakJ~ ":"'.', .: Is 18,2 .Is 11')5 1938 Comments 0fI Marl(!l Om All tfTee sales are oiven conslderalilm Ifllhe markel .,..tvsl$, Sales If' and II 2 are k1caled outside of lhe Hear1 of 50 nlnn Redewmnment boundaries and Sale * 3 and the S~ec1 Pf'OOIrty are WIItWn the boundanes, See Attached Sales Summary T vplCal homesinthes ect/'llt. hbomoodare fromS130000UQIoS449000 C~ Ifl(J ConlIfIionslll AppralSll, Sub'ee1 hits a lend use des lion 0' R2 for medvn dens 'esidentlll' wnh a malOmurn 019 68 l.I1its Mall,ber itae The Sub'oct es \raeanl and read 'Of de en! as 16 Sale.1 Sales 112 " 3 114 and II 5 have ImOfovemenls ht would nave 10 be razed Subiec;t site is smallet lhan foUf of lhe comparables and 1$ in an rnl'eriOr nelDhborhood, This allla is e_nencrnn a revitaiulioo effort wth Como" 3 ". and , 5 beirw: under lhe same nlluence as the sub eel. FifIaf Reconcilation All live sales are oWen conslderalion If\ the final analvsls The hlahe51 and best use 01 the slle is 10 allow zonino chal"lOf!S 10 occur lor SIf1QIe 'amiIY dwellnos in the and com e the revitakzallO'l Droiecl. Based on the me...." sates, a rice oer souare fool located Ifl the middle of the ad'U5ted Dnce scale is ~icaled lor the Subiect lot as 01 Auousl2S 2006 01 S20/SF \~.~n"'rl'r."."'''..''''''''''_on...,. A"". usl26 2006 _ lobeS '00000 A+lUtJ\l;G)"Tfljtil~oua,,5929 ~. MiCheIleJ.Jackse'n ~ [8JO'1l OO,dNotPIlySlcaltylflSDectProperty AppraIsers Rev1t'WAoorilserllaookabli!l [\'l'1 Anderson&CaH, Inc Fonn tOO - "TOTAl lor Wlnoows' ~p"lIsil sollware b~ a Ii rTIOOe. ifIC - 1800AlAMOOf \ LAND APPRAISAL REPORT 8orroWEl Boynton 8~ac" COmmunity Reclevl!'loomel'1l Aqer)(v f'roptr1y AdcJres~ XXX NW 1211'1 Avenue C~ Bovnloo Beach COIInI't' Palm Beach It(pl nucriplion CHERRY HillS BOYNTON l TS 452 & 453 S'~Plice'Priuoe'SJ: O"elltSille~lo.nrmll.~jlIS PrOOertvRJqnl~ApptOlt$ell ~f.ft ITlta$thoICI -O-DtMllllmosPIJ "clll.JAujf5~le lUtsl 39635 (V') Lo~crwlqtS 10m p,ld by Stkl S NIA 0trlPf $ilesctlrUSSI~ NIA lenclerlC'rnl Boynton ~mUnrlV RelOcatIOn A.oencv Ad~ SOVlh r:.derall1ot'\l\wa 8~:;:10<1 Be~ch Fl J,3.f.J'i Octop.", NIA Appr~'$p Michelle J Jac~ son lrlSUutnom to ADpf'15l! lat'ld Form Annr31H1 IOf nn;Sible acn~~IO" b II'\(> eRA of BOYr'Ilan Bueh F k;>fldil tOCilioll "WUftJall "U$uoufbM'l --gRur.! ll~ilf lip iZI !her 75" 0 2~" III /5' , C Und~ 25\ GrOWltl R.1l [l flMr Or-. 0 R.p,jj 0 Sludy 181 SlOw Prot)eny \I.i..Ies 0 IIlClt'SI~ ~ Sl.b~ OOedl'lng Osnafll1/SIClPty 0 SI'IOl'1.lO! ~ In B.~flCe Oo...llfSLlptrl)o Mllttetlnq r,1llt 0 Under] Mas ~ 4 6 Mo, 0 OV!I' 6 Mas Ptesenll.nCUS! -2Q."lFitffi~Y-1Q"2_'IMTVIy ...J.Q'ADls. _'lCondo~'CcmmerClaI 'IIIClUSlfl.1 " lIaclf1 35\ Chotcl1lSchooVPark CNnoti"P!eSenllJI'll)U~t oNelllkely --~ll.efyl') Or.kfnoPlict(") rlf/om R2 10 Rl DOwner lE1Ttr..1'W 5 \V'CJ/ll S 1JOooo leS 449000 Prf'OOmln~UtS 200000 --.!.. yrl 10 ~ ~rl Pl"ec!01F1"'1'Il "!Ie' -.2..!.. y/s CtllSUSTt'C1~"'.pAl!!etl!nC~l00 f lie ~ 26054' 000 Sure Fl lio COde 334]5 Pl'eOomIIliJII'Occ~.I1CY ~f''"'ty'P!lCeR'fl9t Si"Oltf'~A9t! f"'pIOymeI'll'S~OIl.ty COllO'enienceto fmpfOymenI COll'wer'lero::etlSIlOPllI"9 COI'l~enoel'(e 10 SePlools AClequ,cyorPlblicll)f\5j)OI1,hO" AllCle.JOOllllfacithes MequUyotlnl.llts PtD~C~ibrlfty P1orkllOnrron>OttrimefulCondl1l0ll1 Pokt .I'd Fire PlOli!'CliOn liMef'l~lInctOIProorr1ln ~ealIOM.rt!l Good AvO F'It POOl o 1810 [J Oc;s:OO 181000 t?':IOOO 181000 018100 018100 018100 001810 0i8100 000181 000181 Comll'1elll!o IncludulQ rrllm 'iCIors, 1'~OI.b1t or urrl,wOfiblt. .ftetDIl\l m.v1mllM., (eg pu~k Oilks 5C000/!. 'IlEw, f'lOl'U).Sub eel DrOD&rt\; cQnsisl:s 01 one cilrc.ellhat "onlS ilOIlO lhe- no"":side of NW 12'" Avenue. 11.1,1 south 0' the Bovnlon Beach Canal C.16 Thls ~nat is I~ norTh bolJl"ld~o' lhe He~rl of S-;;;on Reaevelo;;;;nl Masle' Plan ~ecl Me IS ....acanlland This.s a transUlnall'le H.,:,~;as ~ CRA of 8~on Beac" has olans to acnuire ll'lese nrO_r1~s anet relone themalloWW.ll.l for renlanirYI and redevelonmenl Sft General Te-ld Adctenr:lum lor Iurlner ~tiOn ::::,,;~.:" '~254 ;:;,,:;~:,~~~:-::; ~~~, ~,,~'.%,.::~; '~'" 0"",, ,,,,~~,;~.:.':....,,", H.ghestJndbes'lJ~t ~prt5tnlIlU I5<f"0\het ~S~Fi.Aure land Use Pyn JOdICaIe.s RI. S Ie Fam~~ Aestdt'nct Putllle Otter (Oes,ntIt) Off srTE IUPflOY'U,l[HTS TOOO le....1 WIth Slree-! rade- flte ~ Sire!! Acem t8l PutJ~e 0 Pov~lt SIlt T"""'al'Of ne"'hborhood Gn 0 None Surlier Asphalt SlIipe ReCla......1e Wi/lel ~ AI road fro". M~il'llttIJnce C8'J PuO*c 0 Pnnlt VItW Resident131 S.n S~ 181 A.lroa" fronl ~ Storm 5rlfler 0 CutlllGunIJ Dr.ina9f An";;.rs adenuale o UndfrllfOUlld Elect I Tell r Sodew.. ~~tr",lln...s ....~IDc..~.HUD~S.....FIoodKaIWdM.., ~HoO'" Co/lVntl'll1 (l'vor.JbII 0.- \IIlIMIl~~1e irlcllCllIIQ m,,1pjNtI1'I .d\rll'lie euen-ortll5, ttll;fNl:""""\ lJIOlf\e, oIdwr1e COIlMll'lII. None noled attllouoh an En""onm,ntar PNSt , SlJl"V'e wn not OfMred 01' 'e....~d b IhlS annriilGeI and IS bel/Ood lhe scooe of II'lo.s aSSllnm8"1. The sub ec.l~ 15 CUl're;;jj; in an alea 01 of ~i1nt cnme The F Ulure- land Use Plan /\as desiol"lilled this area ror reSC.n!",' re'-oeveiOOme", n.- UfIIII~ /WI tti*llllltft 'fUft Ule~ 01 or_.ws ~ SirnlIM "ICI1lI~ TO WfllI:<:' ...., 1'1I1 (~l'Il these "'lilt "Iit1l1lll ~~"'1I1 Tile clrlCnpwrllllt.lolde1 . OOlIll ~ Itl'ltttno ",*,~tUtlolllolhoW ~eron aI sogMicllll~(lfl1lerwfffl h lllIljfcl.1ld (~"'~,.s ". ~lt1lllemlfl /I'Ie c~. prO\lrrTy 'I SUClt'nor 10 01 more l~l'OI_ 1t1~ IJ\f wOIKl ~~ , "''IUS ( ) ""'JlIllerII1$ milk lI>ul ~llK",,1lr ll'IditNd ".JIue 01 1UDIK1. ~ . PjlllhUnl llrm t(l1Ile CtIrnp.r.tlh: r~ ll\!e"Ol to or ~\S I. .. Il1M1Ihe subttt! IWopMy. , plus I"') Id"'~me", IS ~e rhus IIItI'USIl"lO Iht Indtc.red ,.Iut ol rnr 5ubjKl Iol SU8JECT PR Art COMP l HO I CQt.llAAA8t.f NO 2 .Q:)( NW 111;' Avenue 125-131 5W ls1.1r~enue 3501 Old Dillie '''hgh'trOla., BO'fl'l(on BIICh Bovnton Beach Bomon BeBCl1 P,lhWhlII<l I . . . 115mlleo;. 219mlles ~Pnt Pnc.e~SF Ti 2155 Pnce Tot.ll Sales PrICe- Ti 315000 OII\i-;;;;'u PublIC Records Files PurblicReCOfds F~s Dltro! SJltlnd OfSCAPT'If'\N- Ot:SCRIPTION finw ~ NJA 0912211005 lOt~- N.sdeolNW 12th N. sideolSW 1s1 ~IW 5.227 SFI Res 17 400 SF/Res lr~l SlltlSltJ: lIlilitv 12 Acr8sJA....rane 399 AcreslAverillnf' lm-- R2 ~ DtllSlfll Medium Residential MedlUl'Tl Resodenl...l OR 141112110]1 IIUZIIUI,'UJ 11.. SJIts at fwncing NJA None C...._ JrfeI Adi natJII r>?'l _ '{ 3,)5 ... /S(I _ ~ 1 45 + 5?'l _ : ~ lnIhcallld lJi,w . . ..~:. 1 I I ofSulllKl.;..::,,,,: . "it 182 S p. .. Is 1938 COIIImenh on M;rttr DIU M'''r.. sales are a",en consderalion ." the martler at\II!\rs1$ Sales III al'ld _ 2 are Ioc.aled OUlSIOe of the Heart of BoYnton Redevelooment bourmries .nd Sale" J and the ~ecl :::: are ~hIn lhe bolJl"ldaries See Anached Sales Summa", ~ homes in the sUbed ne. hborhood .'e selina from S 1 30 000 uo 10 $.rU9 000 Cantmns'nc1 Conoinon~ 01 "oPriis;tl. ~ Dr~ has a wndl.N des.nnahon of R2 for medun de"S;-;:esl(lentlill WIIh a maJDimurn 01 9 68 lIrWts Ma~ ~-; acre The Sub~ is vacanl and ludvtOf cMlI'8lDomel'1las is Sale III, Sales.2. J '4 at'ld" 5 have 1m /ovements the! would hirve 10.tle razedS~ s.e /$ smaler than lour 011/1e comoaratHes and 's '" an ,",eriOt ne~~orTlood Thls area IS ;;;;'oe-n~<1 rell'll.~liI':a!iOn effort 'I'WIIt'l Co';;;;--,] "4 olInd " 5 ~ under lh8 same IfIt1uel"lC8 as ltle sua eel f"N1iII RecM:lQbon All frve sales ate fV8n consideraton '" lhe rlrl3l ana~ .The ....."'hesl and besl use 01 lhe Site IS 10 allow zo';:;;cl\a~ 10 occur for s""'le falTlW:-O-"~ ., the re;':'~t'IoocI a"Cl c-o~'e the revttalizaton.;o eCI BaSed on I.... mark.el sales ilI--;::;-oe.e.-----; ~ Volre '001 lOc.aled mlhe middle ollhe ad lISled nnce scale I5l1'1dcaled'or lhe SU"'-ec1lol as 01 A'';:;-USI16 2006 01 S20/SF ,'in~..:. 1M rUT. \'&~..t. .. .....n. Of ......cr "Df'I.".. Of AuaUSI 25 2006 _~ Illllr S 100 000 ~t;ik"'G)';TE'lfci!~EWr.O"5929 ~. MH:heIleJJacks,(1'I ~ iZIoill Oo,aNOIPllyllU"rlr~ptcIPrCltlM'y ~'~fI"; Revl!.... ""'~'ilse .1 Mltllatllt r.- I. COMPARABlf NO J 111 NE ]rlJ AVl"'rtUe BO"""lon Beach o 7J miles 1e45 225 000 T< 2UB 149000 - t~ll,\d.'.1 .., -'00 Public RecorlJs. F ks ()(SCRlPllON + - I~ M'lISl 0410112006 N side 01 Old O'Qe 12197 SFIRR 2e Acres/A\I!r,Jne ., Publoc R.ecords FlieS DESCRIPTION ~f_ 1\ "dust AcIIVe Lislinn .200 N Side olNE Jrd .55 6979 SF/Res 16 Ac.leslA....n R2 .2,00 MedlVl'Tl Resoclential 20169/1869 Medium Re-sJdenl,al NIA NIA No"" lY1'l ~t'lllefsa~& C.n, Ire farm LND -- "TO I Al lor .....mdows. illprilsat Ylltwilr! ~y a I. 1'IIOtIe. 11'1( _ I .Boo AlAMOOf \ x. NEW BUSINESS: C. CONSIDERATION OF RESOLUTION No. 05-15 PER DIEM TRAVEL REIMBURSEMENT RESOLUTION NO. 05 -17 A RESOLUTION OF THE BOYNTON BEACH COMMUNITY REDEVELOPMENT AGENCY, TO SET THE AMOUNT OF PER DIEM TRAVEL REIMBURSEMENT ALLOWANCES FOR CRA BOARD MEMBERS AND EXECUTIVE DIRECTOR OF THE CRA BEGINNING SEPTEMBER 01, 2006; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, CRA Board had established a per diem rate in its policy manual for authorized travel by staff; and WHEREAS, the CRA Board has not differentiated between staff, and the Board, which acts on a voluntary basis, regarding travel reimbursement in it.s policy manual for authorized travel by CRA staff NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE BOYNTON BEACH COMMUNITY REDEVELOPMENT AGENCY: SECTION 1. CRA authorizes the Director of Finance to pay authorized Board members and the Executive Director's all reasonable travel expenses to CRA related conferences and seminars in the performance of a public purpose authorized by law to be performed by the agency. The Director of Finance shall reimburse Board members and the Executive Director upon receipt of documented expenses. This change shall be made to the policy manual. SECTION 2. CRA authorizes the Director of Finance to pay Board members and Executive Director mileage reimbursement for authorized travel when they use their own auto at the rate established by the I.R.S. SECTION 3. All reso lutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. SECTION 4. If any clause, section, other part or application of this Resolution is held by any court of competent jurisdiction to be unconstitutional or invalid, in part or application, it shall not affect the validity of the remaining portions or applications of this Reso lution. SECTION 5. EFFECTIVE DATE This resolution shall become effective immediately upon its passage and adoption. Board Member offered the foregoing Resolution and moved its adoption. The motion was seconded by Board Member and upon being put to a vote, the vote was as follows: HENDERSON TILLMAN, Chair STORMET NOREM, Vice-Chair JEANNE HEA VILIN, Board Member GARN SIMMS, Board Member LANCE CHANNEY, Board Member MARIE HORENBURGER, Board Member STEVE MYOTT, Board Member The Chair Person thereupon declared this Resolution approved and adopted by the CRA Board of the Boynton Beach Community Redevelopment Agency, Boynton Beach, Florida, this _ day of ,2006. By: Henderson Tillman, Chair Person BOYNTON BEACH COMMUNITY REDEVELOPMENT AGENCY Legal in form and valid if enacted: Kenneth Spillias CRA Attorney 2 IX. OLD BUSINESS: H. 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