The attached ordinance will abandon a certain portion of Precision Dr., located at the terminus of Precision Dr. west of S. Kirkman Rd.  Virginia Dr. The vacation includes the final ±60 ft. of the Precision Dr. right-of-way in between 5955 & 5935 Precision Dr. to the north and 5934 Precision Dr. to the south. This right-of-way (R-O-W) and abutting properties on either side of Universal Blvd. are to be redeveloped as part of the Wet ‘n Wild water park with up to 4,000 hotel rooms, attraction, and resort uses. The applicant is John McReynolds, Sr. Vice President, Universal Parks and Resorts.

The redevelopment plan calls for the simultaneous rezoning of the final ±60 ft. of the Precision Dr. right-of-way to PD/SP to be included as buildable area for the project.

The requested partial abandonment was unanimously approved as part of the consent agenda with the associated Framework PD of the previous Wet ‘n Wild development (ZON2017-00017) at the June 20, 2017 Municipal Planning Board hearing. No appeals were filed. The City Council approved the June 2017 MPB minutes on July 10, 2017.

Adopt the attached Ordinance No. 2017-45 and authorize the Mayor and City Clerk or the Mayor Pro Tempore and City Clerk to execute on behalf of the City upon final review and approval by the City Attorney.