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File #: BR-2022-174   
Type: Budget Resolution Status: Passed
File created: 8/25/2022 In control: City Council
On agenda: 9/6/2022 Final action: 9/6/2022
Title: Adopt Budget Resolution 2022-174 appropriating the payment from the amended and restated Shady Road planned unit development agreement to be used for improvements at Scott Springs Park in the amount of $25,000
Attachments: 1. Amendment to Shady Road PUD Agr Concern

Submitted By: Preston Pooser

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Presentation By: Tammi Haslam

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Department: Recreation and Parks

STAFF RECOMMENDATION (Motion Ready):

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Adopt Budget Resolution 2022-174 appropriating the payment from the amended and restated Shady Road planned unit development agreement to be used for improvements at Scott Springs Park in the amount of $25,000

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OCALA’S RELEVANT STRATEGIC GOALS:

Quality of Place.

PROOF OF PUBLICATION:

N/A

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BACKGROUND:

City Council entered into a Shady Road planned unit development (PUD) agreement with owner, Thomas L. Croley on September 4, 2001. A first amendment and restated PUD agreement was approved by City Council on June 4, 2002, and a second amendment to the restated PUD agreement was approved by City Council on November 21, 2003.

In paragraph 19 of the restated agreement, the owner agreed to contribute the sum of $75,000 to the City to be used for funding the construction of improvements to Scott Springs Park. An amendment concerning the payment owed under the Shady Road PUD agreement was approved by City Council on February 17, 2015.

In the amendment, the owner agreed to convey a portion of tract A parcel (23721-000-10) to the City in exchange for reducing the contribution sum of $75,000 to $25,000. The owner has conveyed the portion of tract A parcel according to the restated agreement and paid the City $25,000. Recently, the property was rezoned from PUD to R-3.

 

FINDINGS AND CONCLUSIONS:

                     Scott Springs Park is located in the vicinity of the PUD project and contiguous to the tract A parcel.

                     Developer agreements provide for a shared investment in community resources that benefit the City of Ocala residents.

                     The funds will be used for improvements to Scott Springs Park.

 

FISCAL IMPACT:

This revenue will be applied to 001-366-000-000-16-36630. Expenses will be applied to 001-021-158-572-69-65010.

 

PROCUREMENT REVIEW:

None required at this time.

 

LEGAL REVIEW:

The agreement was previously approved and signed by the City Attorney.

 

ALTERNATIVE:

None Recommended.

 

 

 

BUDGET RESOLUTION 2022-174

 

A RESOLUTION TO AMEND THE FISCAL YEAR 2021-2022 BUDGET TO APPROPRIATE FUNDS PAID IN ACCORDANCE WITH THE SHADY ROAD RESTATED PLANNED UNIT DEVELOPMENT AGREEMENT IN THE AMOUNT OF $25,000

 

 

WHEREAS, the City of Ocala, entered into a Shady Road Planned Unit Development (PUD) agreement with the original Owner, Thomas L. Croley on September 4, 2001; and

 

WHEREAS a first amendment and restated PUD agreement was approved on November 21, 2003; and

 

WHEREAS, in paragraph 19 of the restated Agreement, the Owner agreed to contribute the sum of $75,000 to the City to be used for funding the construction of improvements to Scott Springs Park; and

 

WHEREAS an amendment concerning the payment owed under Shady Road PUD agreement was approved February 17, 2015, wherein the Owner agreed to convey a portion of the tract A parcel to the City in exchange for reducing the contribution sum from $75,000 to $25,000; and

 

WHEREAS, the Owner has conveyed the portion of the tract A parcel according to the restated agreement and paid the City the $25,000; and

 

WHEREAS the funding will be used to make improvements to Scott Springs Park.

 

NOW THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF OCALA, FLORIDA, duly assembled in regular session that the Fiscal Year 2021-2022 budget be amended as outlined below to appropriate funding as follows:

 

 

Source:

001-366-000-000-16-36630                                          Scott Springs Park                                          $ 25,000

 

Use:

001-021-158-572-69-65010                                          Construction in Progress         $ 25,000

 

 

This resolution adopted this ______ day of ______________________, 2022.

 

ATTEST:                      CITY OF OCALA

 

By:                                           By:                      

Angel B. Jacobs                      Ire Bethea Sr.

City Clerk                     President, Ocala City Council

 

Approved as to form and legality:

 

By: _________________________________

Robert W. Batsel, Jr.

City Attorney

 

Reviewed for accounting accuracy & completeness:

 

By: _________________________________

Peter A. Lee

Interim City Manager