Placement: Resolutions
Action Requested: Motion / Vote
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Resolution 24-R30, Approving Agreement for the Construction of Park and Recreational Facilities for Tradition Regional Park and Park Impact Fee Credit Agreement with Mattamy Palm Beach, LLC.
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Submitted By: Kelly Boatwright, Parks Administrator - Projects.
Strategic Plan Link: The City's Goal to enjoy culture, nature and fun activities.
Summary Brief (Agreements/Contracts only)
1. Prepared by: City of Port St. Lucie and Mattamy Palm Beach, LLC.
2. Parties: City of Port St. Lucie and Mattamy Palm Beach, LLC.
3. Purpose: Mattamy Palm Beach, LLC agreement requesting permission to construct park and recreation amenities at the Tradition Regional Park Property and approval of stated Impact Fee Credits.
4. New/Renewal/Modified: New.
5. Duration: Twenty-four months from effective date.
6. Benefits to Port St. Lucie: Contractors are currently mobilized onsite completing Phase 1a early earthwork as stated in the previously approved and executed sitework agreement. Mattamy's plans for Phase 1b amenity construction are in the final phases and it is anticipated that contractors will be poised to begin construction of all agreed upon infrastructure and amenities once agreements have been approved and executed.
7. Cost to Port St. Lucie (Annual and Potential): Mattamy Constructed amenities agreement cost = $22,847,418.36. Musco lighting and Digital Sign City of PSL direct purchase cost = $2,008,000. Total Phase 1b Amenity Construction Cost = $24,855,418.36.
Presentation Information: N/A.
Staff Recommendation: Move that the Council approve the construction of Park and Recreational Facilities for Tradition Regional Park and the Park Impact Fee Agreement.
Alternate Recommendations:
1. Move that the Council amend the recommendation and approve the Construction of Park and Recreational Facilities for Tradition Regional Park and the Park Impact Fee Agreement.
2. Move that the Council provide sta...
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