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Published byCody Henry Modified over 9 years ago
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Proportionate Share Agreement for Mango’s Tropical Orange County Board of County Commissioners April 22, 201 Proportionate Share Agreement for Mango’s Tropical Orange County Board of County Commissioners April 22, 201
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Proportionate Share Agreement Components Issues: Assessed Use Square Footage Improvement Costs and Proportionate Share Calculation Proportionate Share Agreement Components Issues: Assessed Use Square Footage Improvement Costs and Proportionate Share Calculation Mango’s Tropical Café Proportionate Share Agreement
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Proportionate Share Agreement Components Assessed Use Multiple tenant has been assessed Retail rates throughout development history ITE Land Use (code 820) Retail Shopping Center considers restaurants as a typical use - consistent with County Impact Fee Schedule Traffic study done using retail impact characteristics (consistent with County process) Proportionate Share Agreement Components Assessed Use Multiple tenant has been assessed Retail rates throughout development history ITE Land Use (code 820) Retail Shopping Center considers restaurants as a typical use - consistent with County Impact Fee Schedule Traffic study done using retail impact characteristics (consistent with County process) Mango’s Tropical Café Proportionate Share Agreement
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Proportionate Share Agreement Components Square Footage Adding 17,725 square feet of retail use to uses already existing retail use Square footage consistent with Capacity Encumbrance Letter (Denied) dated March 24, 2014 Proportionate Share calculation based on 17,725 square feet as confirmed by owner’s consultant (e-mail dated March 25, 2014) Building Permit will be approved for the specified square footage as noted in the proportionate share agreement Proportionate Share Agreement Components Square Footage Adding 17,725 square feet of retail use to uses already existing retail use Square footage consistent with Capacity Encumbrance Letter (Denied) dated March 24, 2014 Proportionate Share calculation based on 17,725 square feet as confirmed by owner’s consultant (e-mail dated March 25, 2014) Building Permit will be approved for the specified square footage as noted in the proportionate share agreement Mango’s Tropical Café Proportionate Share Agreement
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Proportionate Share Agreement Components Improvement Costs and Proportionate Share Calculations Memorandum of Proportionate Share Calculation (submitted by applicant’s traffic consultant) dated March 24, 2014, Sand Lake Road Impacted Segments : Dr Phillips to Turkey Lake Road (2 deficient trips) Turkey Lake to I-Drive (8 deficient trips) Improvement Costs : Dr Phillips to Turkey Lake Road $3,208,887 (County segment) Turkey Lake to I-Drive $10,874,000 (FDOT adjusted segment length)* Calculated Proportionate Share = $93,678.00 FDOT improvement segment is from Universal to Turkey Lake Proportionate Share Agreement Components Improvement Costs and Proportionate Share Calculations Memorandum of Proportionate Share Calculation (submitted by applicant’s traffic consultant) dated March 24, 2014, Sand Lake Road Impacted Segments : Dr Phillips to Turkey Lake Road (2 deficient trips) Turkey Lake to I-Drive (8 deficient trips) Improvement Costs : Dr Phillips to Turkey Lake Road $3,208,887 (County segment) Turkey Lake to I-Drive $10,874,000 (FDOT adjusted segment length)* Calculated Proportionate Share = $93,678.00 FDOT improvement segment is from Universal to Turkey Lake Mango’s Tropical Café Proportionate Share Agreement
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