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PRRESENTATION OVERVIEW

CP AND HG RESIDENTIAL LOTS, LLC AND CITY OF PALM COAST CASE HISTORY / SETTLEMENT AGREEMENT / MASTER PLANNED DEVELOPMENT. PRRESENTATION OVERVIEW . Case History Recap Comparative Development Potential 2. Settlement and Commitment Agreement Update Land Exchange Summary

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PRRESENTATION OVERVIEW

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  1. CP AND HG RESIDENTIAL LOTS, LLCAND CITY OF PALM COASTCASE HISTORY / SETTLEMENT AGREEMENT/ MASTER PLANNED DEVELOPMENT

  2. PRRESENTATION OVERVIEW • Case History Recap Comparative Development Potential 2. Settlement and Commitment Agreement Update Land Exchange Summary 3. Master Planned Development Agreement Update Single Family Residential Zoning classification Density Development Standards Conceptual Master Site Plan

  3. LOCATION/AERIAL MAP ERIC DRIVE EASTHAMPTON BLVD. EBB TIDE DRIVE EGAN DRIVE EGRET TRAIL

  4. Comparative Development Potential 1 2 3 4 5

  5. SETTLEMENT AGREEMENT: LAND EXCHANGE UPDATE Current Ownership: Developer: 29+/- acres City: 14+/- acres Exchange of Property: Developer conveys 22 6+/- acres of 29+/- acres to City City conveys 14+/- acres to developer Post Land Exchange: Developer: 21+/-37+/- acres City: 22+/-6+/- acres Open Space: 22+/- 18+/- acres (6+/- ac. City/12+/- ac. Developer)

  6. DEVELOPMENT AGREEMENT HI-LITES UPDATED Permitted Uses: Single Family Residential(SFR-1)(SFR-2) Maximum Number of Lots: 6058 Minimum Lot Size:6,600 sq. ft. 8,250 sq. ft. Building Setbacks Front: 20 ft. Side: 5.0 ft7.5 ft. Rear: 10 ft. Perimeter Buffer: North and Westerly property perimeter: 25 ft. Off-Site Improvements Developer shall contribute a sum of $90,000 for community improvements. • Sidewalk • Right Turn Lane • Monument Sign

  7. COMPARATIVE SITE PLAN PREVIOUS CURRENT 60 SFR lots 60’ x 110’ min. 6,600 sq. ft. 58 SFR lots 75’x 110’ 8,250 sq. ft. (interior) 80’x 110’ 8,800 sq. ft. (perimeter)

  8. CURRENT MASTER SITE PLAN CP and HG Residential Lots, LLC . 37+/- AC. City 6+/- ac. 36 8,250 sqft minimum (75 ft x 110 ft) 22 8,800 sqft minimum (80 ft x 110 ft) 58 Lots

  9. MINIMUM LOT CRITERIA: EXISTING/PROPOSED 60’ 75’ Living Area Non-Living Area 110’ Total Residence area: 3,312 sq. ft. Total Living Area: 2,512 sq. ft. Total Residence area: 3,800 sq. ft. Total Living Area: 3,012 sq. ft. Driveway 110’ Property Line Bldg. Envelope

  10. RECOMMENDATION Settlement and Commitment Agreement(Presentation only) Formal action to be taken by City Council at the business meeting of March 20, 2012. Master Planned Development (MPD) rezoning City Council approve first reading of Application #2382 – Rezone of parcel number 07-11-31-7034-AT2-0010 and 07-11-31-AT2-0000 from Estate -2 and Public/ Semi-Public to Master Planned Development.

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