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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: Date: 11/11/15 Commission Meeting Date: 1/14/16 Type: X Resolution n Ordinance LI Other 15-01585 Requesting, Department: Public Works District Impacted 5 Emergency Ordinance n Discussion Item Law Department Matter ID No. Subject: A Resolution authorizing the City Manager to execute a Covenant to run with the land with Oak Plaza Associates (Del.), LLC to construct and maintain non-standard right-of-way improvements. Purpose of Item A Resolution authorizing the City Manager to execute a Covenant to run with the land with Oak Plaza Associates (Del.), LLC, a property owner in the Design District to construct and maintain non- standard improvements within the dedicated public right-of-way that abuts their property. Background Information: On July 26, 2012, the City Commission adopted Ordinance#13334 approving a Special Area Plan for the Design District that includes non-standard improvements and enhancements in the dedicated public right-of-way. Owners of property in the Design District desire to construct and maintain the improvements that abut their properties and have agreed to enter into Covenants to run with the land that cover their properties so that applications for master permits may be submitted from time to time which contain the proposed location and design of the improvements to be constructed in the dedicated public right-of-way. Improvements include pedestrian crosswalks and signals, wayfinding signs, streetlights and facade lighting, streetscape, drainage wells, private infrastructure crossings, street furniture, public art and utilities. Attached is the Covenant to run with the land. Budget Impact Analysis NO 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: CAP tJ/A If using,or receivin capital funds Grants g A Purchasing AIJA Chief Final A r . royals Dept. Direct I 213 /2as5 City Manager Page 1 of 1