Submitted By: Tye Chighizola
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Presentation By: Tye Chighizola
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Department: Growth Management

STAFF RECOMMENDATION (Motion Ready):
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Approve a Chapter 163 Concurrency Development Agreement for approximately 23.51 acres of property located at 2550 SE 24th Street (Parcel # 29850-000-27) (CDA21-44540). This is the second of two public hearings. The first public hearing was held on December 21, 2021. This public hearing was postponed from the January 4, 2022 and February 1, 2022 City Council Meetings.
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OCALA’S RELEVANT STRATEGIC GOALS:
Economic Hub, Quality of Place

PROOF OF PUBLICATION:
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BACKGROUND:
The Chapter 163 Concurrency Development Agreement addresses future development of property located at the western terminus of SE 24th Street. There is one existing single-family residential dwelling on the property. Ownership of SE 24th Street was recently transferred from Marion County to the City of Ocala. The City is not obligated to assume maintenance and control of the road until such time as the road is constructed to City standards.
The future land use classification on this property is Low Intensity. The property does not have a designated zoning district. An application for rezoning to R-3, Multi-family Residential, zoning district is currently under review. The surrounding properties are either existing residential uses or zoned to allow residential uses. There is a M-2, Medium Industrial, property adjacent to the property which is occupied by Fluid Routing Solutions.
The Comprehensive Plan Future Land Use Policy which limits development of the property was recently amended by adoption of Ordinance 5617. The amendment changed the use limitation from development of 180 single-family dwelling units to allow 320 multi-family units or a mix of residential types such that the traffic impacts shall not exceed that of 180 single family dwellings.
A traffic study was performed and approved on October 13, 2021. The traffic study projects that, based on the adopted level of service standards of the City and County, the intersection of SR 464 and SE 24th Street will have inadequate capacity at peak hour to accommodate projected new traffic generated by development of the property. The traffic study takes into account existing and background traffic and the projected growth of both. This agreement establishes the proportionate share payment to be made by the developer to the City to mitigate the impact on public transportation facilities generated by the proposed development of the property.
The Chapter 163 Concurrency Development Agreement addresses traffic mitigation for vehicle trips generated by development consistent with the land use policy (180 single family or 320 multifamily or a mix of residential types such that traffic impacts do not exceed that of 180 single family). In addition to the traffic mitigation, the Chapter 163 Concurrency Development Agreement provides for additional requirements regarding buffers, architectural design, permitted use limitations, access, building height restrictions, lighting, and signage.
FINDINGS AND CONCLUSIONS:
The Chapter 163 Concurrency Development Agreement addresses impacts identified by the traffic study and provides for additional requirements regarding buffers, architectural design, permitted use limitations, access, building height restrictions, lighting, and signage. The proposed agreement adequately addresses future development of the property.
Since the January 4, 2022 meeting, the agreement was modified to include language that would require the applicant if needed to construct a decel lane on SR 464 and SE 24th Street. The traffic study was also updated to address potential traffic impacts at the intersection at SR 464 and SE 25th Avenue (see the attached submittal from Kimley-Horn and Associates).
FISCAL IMPACT:
N/A
PROCUREMENT REVIEW:
N/A
LEGAL REVIEW:
The agreement has been reviewed by the City Attorney, Robert W. Batsel, Jr.
ALTERNATIVE:
Approve
Deny
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