Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Authorizing The Appropriate City Officials To Execute A Right-Of-Way License Agreement With Lucky Enterprises IV, LLC For Use Of The Public Right-Of-Way For Parking Adjacent To The Property Located At 2201 Greene Street, Based On A 10 Year Term And License Fees Of $100.00 Annually.
Body
Staff Recommends: Approval of the Attached Resolution.
Explanation:
Lucky Enterprises IV LLC is the owner of the multifamily residential building located at 2201 Greene Street, the property was initially developed with limited or no parking facilities, leaving tenants to park within unimproved or grass swales in City right-of-way.
The property owner desires to improve the right-of-way to create paved parking spaces, including asphalt pavement with storm water drainage structure and drain field or permeable pavers as per detail, stripping, curbing and landscaping in substantial compliance with the attached sketch and will prepare plans for, submit permit application and obtain a permit for the construction of such improvements.
The property owner desires to enter a License Agreement, and will maintain the necessary liability insurance, indemnify and save harmless the City and other wise abide by the terms and conditions specified in each license agreement. The attached license agreements reflects a ten year term and annual license fee of $100. At the conclusion of the initial construction 10 year term a new rate will be established with any extension of the License Agreements.
Recommended for inclusion on the agenda by:
Dr. Wazir Ishmael, A. City Manager
Gus Zambrano, ACM, Sustainable Development
Shiv Newaldass, Interim Director, Department of Development Services
Luis A. Lopez, City Engineer