STATE ROAD 100 CORRIDORCOMMUNITY REDEVELOPMENT AGENCY

Bulldog Drive ImprovementsRight-of-Way and Design

September 21, 2010

Presentation for SR 100 CRA Board and City Council

Overview

• Background• Budget• Bulldog Drive Improvements

– Overview– Remaining Right-of-Way– Final Design

• Overview of Agenda Items

SR 100 CRA Background and Purpose

• Background– Established April 20, 2004– 30 Year Time Horizon– Tax Increment Financing (future revenue from CRA

pays for improvements to encourage redevelopment)

• Purpose– Improve and/or Redevelop Blighted Areas

• Midway Subdivision

• Whispering Pines Subdivision

– Establish the City’s “Downtown” or Urban Core– Encourage Development of Additional Commercial

Corridor (Alternative to Palm Coast Parkway)

City Council Goals and Objectives

• FY 2009/2010– Palm Coast Vision: Its Town Center is a vibrant

Downtown with diverse businesses as the foundation for a strong local economy.

– Top Priority: Bulldog Drive improvements

• FY 2010/2011– Palm Coast Vision: Town Center is a vibrant

Downtown. Diverse businesses are the foundation for a strong local economy.

– Five Year Goal: Promote Town Center as our Downtown.

– Major Projects: Bulldog Drive

SR 100 CRA Completed Projects

• Master Plan Updated• Central Park Improvements• Land Acquisitions• I-95 / State Road 100 Gateway Features• Bulldog Drive Project Development and

Engineering Report• CRA Financing Approved

FY 2010/2011 SR 100 CRA Budget

• Tax Increment Revenue . . . . . . . . . . .$ 1,147,916• Investment Earnings . . . . . . . . . . . . . .$ 25,800• Carry Forward . . . . . . . . . . . . . . . . . . $ 2,091,700

TOTAL REVENUES. . . . . . . . . . . . . . .$ 3,265,416

• Operating Expenses . . . . . . . . . . . . . $ 100,000• Land Purchases . . . . . . . . . . . . . . . . . $ 1,000,000• Bulldog Drive Design. . . . . . . . . . . . . $ 400,000• Central Park . . . . . . . . . . . . . . . . . . . . $ 150,000• Debt Service . . . . . . . . . . . . . . . . . . . .$ 679,369• Contingency . . . . . . . . . . . . . . . . . . . . $ 936,047

TOTAL EXPENSES. . . . . . . . . . . . . . $ 3,265,416

Future Capital Improvements

High Priority Projects Established (xxx 2008)

• Bulldog Drive• Central Park Enhancements Phases II and III• Civic Architecture (Community Center)• Other (Historic Property/Site Rehabilitation)• State Road 100 (Sidewalk, Traffic Signal/Mast Arm

Assembly, Gateway Signage)

Existing Bulldog Drive Corridor

Potential Bulldog Drive Enhancements

Implementation

Short-Term• Approve Current Loan• Complete Right-of-Way Acquisition for Bulldog Drive• Complete Design & Construction Plans for Bulldog Drive• Additional Property Acquisitions in Target Areas• Central Park Improvements

Long-Term• Additional Financing• Bulldog Drive Construction• Additional Capital Improvements per CRA Plan

Proposed Alignment

Third Coast Holdings, LLC

Ajram Cole

Flagler County School District

Remaining Right-of-Way

• Two Parcels Owned by Mr. Ajram• Leased to Two Tenants (Operating Businesses)• Negotiating Since 2007 and Before• Appraisal of $466,000 for Both Parcels (August 2009)• Multiple Intermediaries and Multiple Proposals• To Avoid Eminent Domain, Staff Offered Double the

Appraised Value • Final Offer by Mr. Ajram was $1,250,000• Negotiations have Reached an Impasse

Remaining Right-of-Way

• Next Steps– Assembled Eminent Domain

Team (City Attorney, Appraiser, Environmental Firm, and Design Team)

– Preliminary Evaluation of Negotiations and Costs Associated with Eminent Domain (Only for Portion of Property Required for Street Improvements)

– Team Concluded that Cost of Eminent Domain Acquisition < Appraised Value for Total Parcels

Remaining Right-of-Way

• Next Steps– City Attorney Advised Staff to Negotiate Settlement

Agreements with the Tenants before Initiating Eminent Domain Process

– Tenants Provided Estimated Costs of Relocation and Business Damages to City Staff

– Negotiated Settlements were Reached with Tenants

Remaining Right-of-Way

• Next Steps– Initiate Eminent Domain

Process through Resolution of Public Necessity and Purpose

– Constitutes First Step in Eminent Domain Process

– A Settlement can still be Reached with Owner prior to Trial

Final Design

• Released Request for Letters of Interest to Firms on Continuing Service Contracts– Stressed Eminent Domain Experience– Roadway Design– Stormwater Design– Streetscaping Design

• Eight (8) Firms Responded• Four (4) Firms Shortlisted and Provided Presentations• WilsonMiller, Inc. was Top Ranked Firm• Negotiated Fee = Not-to-Exceed $348,000 (includes

optional eminent domain services, if needed)

Overview of Agenda Items

• SR 100 CRA is a Separate Legal Entity• SR 100 CRA has the Budgetary Authority for Expenses

related to CRA Projects (Bulldog Drive)– Item #7 – Authorization of Expenses Related to ROW

Acquisition– Item #8 – Authorization of Expenses Related to Design

• City of Palm Coast owns the Rights-of-Way and has Power of Eminent Domain– Item #10 – Settlement Agreement– Item #11 – Settlement Agreement– Item #12 – Approval of Design Contract– Item #13 – Resolution of Necessity and Public Purpose

(ALL ABOVE PAID FOR BY SR 100 CRA)

SR 100 CRA - ITEM #7

• Authorization of Expenses Related to ROW Acquisition– Settlement Agreements (#10 and #11)– Attorney’s Expenses related to Eminent Domain (#13)

• Any Settlement Agreement with Owner would come back to SR 100 CRA and City Council for Consideration

SR 100 CRA - ITEM #8

• Authorization of Expenses Related to Design– Final Design Contract with WilsonMilller, Inc. for an

amount not-to-exceed $348,000

CITY – ITEM #10

• Settlement Agreement with GW Black, Inc.– Five (5) Employees– Relocating within Flagler County– Appropriate Settlement Considering Costs and Size of

Business ($39,150)– Significant Advantages to Settle– Cost of Settlement Paid for by SR 100 CRA

CITY – ITEM #11

• Settlement Agreement with I&R Enterprises, Inc.– Two (2) Employees– Relocating within Flagler County– Appropriate Settlement Considering Costs and Size of

Business ($20,200)– Significant Advantages to Settle– Cost of Settlement Paid for by SR 100 CRA

CITY – ITEM #12

• Approval of Design Contract– Bulldog Drive is City Road– City will be Contracting Entity– Contract with Top Ranked Firm – WilsonMiller, Inc.– Cost of Design Paid for by SR 100 CRA

CITY – ITEM #13

• Resolution of Necessity and Public Purpose– City has Power of Eminent Domain– Bulldog Drive is a City Road– First Step in Eminent Domain

Process (only for ROW required for street improvements)

– A Settlement can still be Reached with Owner prior to Trial

– Cost of Attorney’s Expenses Paid for by SR 100 CRA