CITY OF ORLANDO
COUNCIL AGENDA ITEM


Items Types:
Economic Development
For Meeting of:
November 9, 2020
District: 3 From:
Contract ID: Document Number:
Exhibits: Yes On File (City Clerk) : Yes Draft Only: No
Grant Received by City?: No

Subject:
School Impact Fee Agreement Regarding an Alternative Impact Fee Calculation for Broadstone Lakehouse

Summary:

The attached agreement allows an alternative school impact fee rate for Broadstone Lakehouse. This project will be located on 301 N. Ivanhoe Blvd. E.; south of New Hampshire St., west of N. Orange Ave., east of Gurtler Ct. and north of N. Ivanhoe Blvd. E. with ±2.42 acres. The project consist of a 9-story mixed use development with 260 multi-family units, 35,732 sq. ft. of commercial/office use and structured parking, see MPL2017-00006 approved on April 18, 2017.

Orange County Code allows a property owner to submit an alternative study to demonstrate that the impact to the school system resulting from the proposed development is less than the County-wide rate.  On July 9, 2020, the County conditionally accepted the owner’s Alternative Impact Fee Calculation with an anticipated Alternative Impact Fee Calculation of $307 per unit rate for a total of $77,364.00 for 252 units. 

The attached agreement is a four-party agreement between the owner, the City, Orange County Public Schools, and Orange County. The School Board approved the agreement on their October 13, 2020 meeting. After approval by the City, it will be transmitted to the County for final approval and recording.



Fiscal & Efficiency Data: No fiscal impact.

Recommended Action:

Approving the attached agreement and authorizing the Mayor and the City Clerk to execute after review and approval by the City Attorney's Office.




Agenda Item attachment(s) on file in the City Clerks Office.

Note: All agenda items must be in the City Clerk's office by Noon Friday, six(6) business days prior to the regular Monday City Council meeting.

Contact: Yolanda Ortiz; yolanda.ortiz@orlando.gov, 407-246-3792 or Melissa Clarke; melissa.clarke@orlando.gov
Approved By:

Department Date and Time
Budget Outside Routing Approval 10/28/2020 10:54 AM
City Clerk 10/29/2020 2:13 PM

ATTACHMENTS:
Name: Description: Type:
Broadstone_Agreement_Executed_by_School_Board.pdf Agreement Broadhouse Lakehouse Backup Material

"Enhance the quality of life in the City by delivering public services in a knowledgeable, responsive and financially responsible manner."