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 t...
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