Agenda Item Name:
Title
Multimodal Transportation Mitigation Agreement - Laureate Village Traditional Neighborhood Development
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Presenter:
Christ Dawson, AICP x5211
Description:
G.W. Robinson Builders, Inc. 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 Traditional Neighborhood Development. 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 G.W. Robinson Builders, Inc.
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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.
354-7910-329.31-00 $300,000 in FY20
Additional Revenue in future years is currently undetermined as this is a long-term project with market dependent considerations
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Background:
G.W. Robinson Builders, Inc. 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 Traditional Neighborhood Development. 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.