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HomeMy WebLinkAboutSummary FormDate: 7/17/2015 AGENDA ITEM SUMMARY FORM FILE ID: 1 5-OQ986 Requesting Department: Public Works Commission Meeting Date: 9/10/2015 District Impacted: 3 Type: X Resolution n Ordinance Li Emergency Ordinance n Discussion Item ❑ Other Subject: A Resolution approving and permitting a pedestrian overpass over NW 6 Street west of NW 12 Avenue to connect the SLAM Charter Schools and accepting a $8,815.00 one-time user fee. Law Department Matter ID No. Purpose of Item: A Resolution approving and permitting a pedestrian overpass over NW 6 Street west of NW 12 Avenue to connect the SLAM Charter Schools and accepting a $8,815.00 one-time user fee and to allow for the placement of school identification signage on the pedestrian overpass. Background Information: Miami School Group LLC has requested authorization for the construction and maintenance of a pedestrian overpass over NW 6 Street to connect the SLAM Charter Schools at 542 and 604 NW 12 Avenue. The owner has submitted certified property appraisals for the abutting properties and has agreed to pay a one-time user fee in the amount of $8,815.00 in accordance with City Code Section 55-14. The owner further desires to include the "SLAM!" school identification signage affixed to the overpass structure. Attached is a copy of the user fee calculation, location map and drawing of the overpass and signage. Budget Impact Analysis YES Is this item related to revenue? NO Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: ' i 5700 CIP If using or receiving cap ja[fj rds Grants j.l I 14 Purchasing N 14 Chief Final Approval (SIGN AND I,_9I�r: Budge rf• Mi Risk anagem &ff M Dept: Directo t-ii !,l/rrr- City Manager Page 1 of 1 SLAM II CHARTER SCHOOL 542 NW 12 AVENUE CALCULATION OF USER FEE FOR PEDESTRIAN OVERPASS 604 NW 12 Avenue Parcel Land Value: $2,940,000 T6-8-O FAR: 5 plus 25% public benefit bonus Lot Size: 26,753 sf Maximum Building SF = (26,753 X 5) 1.25 = 167,206 sf Land Value per SF = $2,940,000 - 167,206 sf = $17.58 per sf 502-542 NW 12 Avenue Parcel Land Value: $3,700,000 T6-8-0 FAR: 5 plus 25% o public benefit bonus Lot Size: 33,501 sf Maximum Building SF = (33,501 X 5) 1.25 = 209,381 sf Land Value per SF = $3,700,000 ± 209,381 sf= $17.67 per sf Value of Aerial Rights/User Fee Average Land Value per SF = ($17.67 + $17.58) _ 2 = $17.63 per sf Bridge SF over Right of Way = 50' X 10' = 500 sf USER FEE = 500 sf X $17.63 per sf = $8,815.00 SLAM!! (542 NW 12th AVE) LOCATION MAP SCALE_ 50'-0" ROW -t- ±70',0„ PEDESTRIAN OVERPASS SPAN EXIS (SPC fi ky. FhS <:? w Z J —PROPOSED PEDESTRIAN OVERPASS, EXPOSED' STEEL STRUCTURE W/ PAINT (COLOR TBS) w J N.W. 6th ST. 13,30' NGVD FAST .ELEVATION