Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Approving And Authorizing The Appropriate City Officials To Execute The Attached Park Dedication & Escrow Agreement In Connection With The Proposed Multi-Family Development Known As Sheridan Station.
Body
Staff Recommends: Approval of the Attached Resolution
Explanation:
Okomo Associates LLC (Okomo) is the owner of certain property located within the municipal boundaries of the City, being located between Sheridan Street and Taft Street and bounded by I-95 and the CSX Railway. Okomo is proposing to construct a multifamily development known as "Sheridan Station."
Sheridan Station is a portion of a larger parcel that was the subject of a land use plan map amendment to "Transit Oriented Development" ("TOD"), of which the land use plan map amendment was approved by the City and Broward County. In connection with the development of the TOD with up to 1,050 residential dwelling units and certain non-residential development, Okomo is required to dedicate a 6 acre public park (4 acres net usable + up to 2 acres drainage = 6 acres) with drainage retention and detention areas to be maintained by Okomo. This park dedication is more particularly identified as Parcel B within the Master Development Plan. Also in connection with the development of Sheridan Station, Okomo has submitted, and the City is considering at the same Commission hearing, an amended Site Plan (Case No. 13-DP-99) for the first phase of the development, consisting of 338 garden apartments and which identifies the park improvements to be implemented on the park property. Okomo has also proposed, in connection with the amended Site Plan, the granting of an easement for park purposes to the City over certain additional property adjacent to the proposed park parcel, consisting of 0.16 acres, in order to minimize impacts on the existing oak tree hammock and accommodate the park roadway. Okomo is required to complete the park improvements to the satisfaction of the City, and upon completion, record in the public record the Park Property Warranty Deed vesting title to the park property in the City and the Easement Deed granting a permanent easement over and across the Easement area to the City for park purposes, all prior to issuance of the first Certificate of Occupancy for a principal building depicted on the amended Site Plan.
Access to the park property shall be prohibited when the park is closed during the hours of 7:00 p.m. to 7:00 a.m. Further, gate operation measures will be put into place by Okomo at the residential development pedestrian and vehicle gate entrances to prevent use of the park during the hours of park closure. Okomo is also required to maintain the retention and detention ponds located within the park property. Such maintenance shall include all landscaping and associated irrigation in the portion of the park where the dry and wet retention areas are located and maintenance of any fountain or similar feature installed in the retention pond.
The understandings set forth above together with agreed upon park improvements and terms of park property conveyance, access and maintenance are more specifically outlined within the Park Dedication and Escrow Agreement which is attached. The City has determined that the proposed dedication of the park property and conveyance of the additional easement for park purposes pursuant to the terms of this Agreement is the preferred method of satisfying the requirements of Article 6, Section 6.7 G. "Dedication of Parks and Recreational Areas", for up to 1,050 residential dwelling units within the TOD.
Recommended for inclusion on the agenda by:
Wazir Ishmael, Ph.D., City Manager
Chuck Ellis, Director, Parks, Recreation and Cultural Arts
Sylvia Glazer, Director, Public Works
Jonathan Vogt, City Engineer/Deputy Director