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HomeMy WebLinkAboutDaniel Corp - LOI ResponseDaniel Corporation 100 E Faith Terrace Maitland, FL 32751 RE: LETTER OF INTENT Dear Laila: CityCapeof Canaveral Economic Development We are in receipt of your letter dated May 16, 2016 regarding a Letter of Intent to contribute $500,000 to the City of Cape Canaveral as it relates to a new hotel on the Cayer parcel. This was based on a discussion I had with you on that same date. We have reviewed the letter and find that, although we support the idea of bringing a new hotel to this area, the scope of the letter is much broader than we had discussed. It was my intent and understanding that our discussion was focused on the creation of utility easements necessary to connect sewer to the parcel. As proposed in your letter, the City would also be responsible for: • Constructing sewer line improvements, • Constructing water line improvements, and • Providing access to the parcel. We did not discuss these additional items. These would need to be provided by the developer. These requests are well beyond the scope of our discussion and your efforts are better directed toward you initially providing the needed items and the necessary easements. The City remains open to discussion of future partnering opportunities, such as applying sewer impact fee credits toward the development of the sewer utility. Please call me at (321) 868-1220 Ext. 330 or e-mail me at t.morle eit ofca ecanaveral.or should you have any questions or need additional information. Sincerely, 0 orley Economic Development Dire or cc: David L. Greene, City Manager Mailing Address: P.O. Box 326 Physical Address: 105 Polk Avenue Cape Canaveral, FL 32920-0326 Telephone (321) 868-1220 -v Fax (321) 868-1248 www.cit ofca ecanaveral.or e-mail: info kcit. fc4R anaveral.org