Agenda Item Name:
Title
Multimodal Transportation Mitigation Agreement - Park Lane Phase IIA
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Presenter:
Chris Dawson, AICP x5211
Description:
T Parklane Land FL, LLC wishes to take advantage of Unified Land Development Code (ULDC) Section 407.125.3, the Multi-Modal Transportation Mitigation (MMTM) Program for the development of a multi-family residential complex. This program requires an agreement between the County and the applicant.
Recommended Action:
Recommended Action
Approve and authorize the Chair's signature on the Multi-modal Transportation Mitigation Agreement between Alachua County and T Parklane Land FL, LLC
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Prior Board Motions:
N/A
Fiscal Consideration:
Fiscal Consideration
Adoption of the MMTM Agreement will allow the developer to utilize the MMTM Program. Payment of MMTM fees will occur prior to Certificate of Occupancy for any use. Fees will be utilized for eligible projects in the Capital Improvements Element of the Comprehensive Plan.
355.79.7910.329.3150 $400,000 in FY23
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Background:
T Parklane Land FL, LLC wishes to take advantage of Unified Land Development Code (ULDC) Section 407.125.3, the Multi-Modal Transportation Mitigation (MMTM) Program for the development of a multi-family residential complex. This program requires an agreement between the County and the applicant. The applicant has submitted a development plan for approval. The applicant has chosen to satisfy its transportation system mitigation obligations through the MMTM program. The MMTM agreement is necessary for the applicant to be able to mitigate for the transportation impacts of the development. The applicant will make mitigation payment prior to a Certificate of Occupancy.