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HomeMy WebLinkAboutOrdinance No. 16-1994r * *NO ACTION TAKEN - ORDINANCE FAILED AT REGULAR CITY COUNCIL MEETING HELD ON MAY 17, 1994. ORDINANCE NO. 16 -94 AN ORDINANCE OF THE CITY OF CAPE CANAVERAL, BREVARD COUNTY, FLORIDA, ADOPTING PROCEDURES AND REQUIREMENTS TO CONSIDER AND ENTER INTO DEVELOPMENT AGREEMENTS WITH PERSONS HAVING AN INTEREST IN REAL PROPERTY LOCATED WITHIN THE CITY; PROVIDING FOR SEVERABILITY; PROVIDING FOR REPEAL OF CONFLICTING ORDINANCES AND RESOLUTIONS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Cape Canaveral is required under Chapter 163, Fla. Stat., Intergovernmental Programs, to enforce the provisions of the City's Comprehensive Plan; and WHEREAS, the City may be unable to finance or provide adequate infrastructure at the time of new development; and WHEREAS, the "Florida Local Government Development Agreement Act" allows the City to enter into development agreements with • developers, as provided in Sections 163.3220 - 163.3243, Fla. Stat. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Cape Canaveral, Florida, as follows: SECTION 1. Definitions. The City adopts the definitions relating to development agreements contained in Section 163.3221, Fla. Stat., as may be amended from time to time, for purposes of interpretation and construction of this Ordinance. SECTION 2.. Development Plan. The approval of any development plan shall be subject to the developer providing assurance that all required improvements for storm drainage facilities, streets and highways, and water and sewer lines, shall be satisfactorily constructed according to the approved development plan. The development plan shall contain the following: • (a) An agreement by the developer that all improvements, whether required by the City of Cape Canaveral or constructed at the developer's option, shall be r • City of Cape Canaveral, Florida Ordinance No. 16 -94 Page 2 constructed in accordance with the standards and provisions of the City's Comprehensive Plan, the City's Code of Ordinances and the provisions of the development agreement. (b) The development agreement shall provide that all required improvements be satisfactorily constructed within the period stipulated. The period during which the improvements shall be satisfactorily constructed shall not exceed five (5) years from the date of the recording of the plat or upon attainment of thirty percent (30 %) occupancy of the development, whichever comes first. (c) The projected total cost for each improvement shall be stated in the development agreement. The cost for construction shall be determined by either of the following: (1) an estimate prepared and provided by the applicant's engineer who shall be a registered professional engineer within the State of Florida; (2) a copy of a duly executed construction contract between the developer and a third party contractor. (d) The specifications of the public improvements to be made and dedicated shall be set forth in the development agreement, together with the timetable for making improvements. (e) The development agreement shall state that, upon the failure of the applicant to make the required improvements (or cause them to be made) according to the schedule for making the improvements, the City shall be entitled to utilize the security provided in connection with the development agreement. (f) The amount and type of security provided to insure performance shall be stated. (g) The development agreement may provide that the amount of security may be reduced periodically, at the election of the City, not more than two (2) times in the same year upon the completion, inspection and acceptance of improvements. SECTION 3. Security. (a) The amount of security listed in the development agreement shall be approved by the City Council. (b) Security requirements may be met, as determined by the r • • • City of Cape Canaveral, Florida Ordinance No. 16 -94 Page 3 City Council, and may include, but are not limited to, the following: (1) cashier's check; (2) certified check; (3) interest bearing certificate of deposit; (4) irrevocable letter of credit; (5) surety bond. (c) The amount of the security shall be five percent (5 %) of the total construction costs for required developer - installed improvements. SECTION 4. Final Acceptance. (a) Final inspection shall be conducted and corrections, if any, shall be completed before final acceptance is recommended by the City engineer. The recommendation for final acceptance shall be made upon receipt of a certification of project completion and one (1) copy of all test results. (b) As required improvements are completed and accepted, the developer may apply for release of portions of security consistent with the provisions of subsections 2(g) and 3(c). SECTION 5. Maintenance Agreement. A maintenance agreement shall be provided to assure the City that all required dedicated improvements shall be maintained by the developer according to the following requirements: (a) The period of maintenance shall be three (3) years. (b) The maintenance period shall begin with the acceptance by the City of all of the constructed improvements. (c) The security shall be in effect until the end of the maintenance period as per Section 3(c) (d) The original agreement shall be maintained by the building official and filed with the City Clerk's office. City of Cape Canaveral, Florida Ordinance No. 16 -94 Page 4 SECTION 6. Severability. If any section, paragraph, phrase, or word of this Ordinance is held to be unconstitutional or invalid, such portion shall not affect the remaining portions hereof and it shall be construed to have been a legislative intent to pass this Ordinance without such unconstitutional or invalid part. SECTION 7. Conflicting Provisions. Any ordinance, or parts of an ordinance, in conflict herewith are repealed. SECTION 8. Effective Date. This ordinance shall take effect immediately upon its adoption. ADOPTED BY the City Council of the City of Cape Canaveral, Florida, this day of , 1994. Joy C. Salamone, MAYOR ATTEST: Faith G. Miller, CITY CLERK Approved as to Form: John R. Kancilia, CITY ATTORNEY