Intergovernmental Agreements Lands for Matanzas Woods Parkway 4-laning

City Council WorkshopNovember 12, 2013

BACKGROUND – Intergovernmental AgreementLands for Matanzas Woods Parkway 4-laning

• Palm Coast Park Development of Regional Impact Development Order includes $250,000 contribution for completion of Interchange Justification Report (IJR) for Matanzas Woods Parkway/I-95 prior to end of Phase I of project or 2019 whichever is sooner

• IJR has been completed by Flagler County

• Developer proposes land contribution in lieu of IJR contribution

BACKGROUND – Intergovernmental AgreementLands for Matanzas Woods Parkway 4-laning

• Lands contributed will be for planned 4-laning of Matanzas Woods Parkway• Stormwater pond site• Turn lane on eastbound Matanzas Woods Parkway

Stormwater Pond Site

Turn Lane

BACKGROUND – Intergovernmental AgreementLands for Matanzas Woods Parkway 4-laning

NEXT STEPS

• Schedule IA for City Council Business Meeting

Intergovernmental AgreementFunds to Complete Matanzas Woods Parkway Multi-Use Path

City Council WorkshopNovember 12, 2013

BACKGROUND – Intergovernmental Agreement (IA)Funds to complete Matanzas Woods Parkway Multi-use Path

• Flagler County project to construct 1.8 mile 10’ multi-use path between US-1 and Bird of Paradise Rd.

• Project funded by FDOT Grant

• Inadequate funds to cover completion of segment

• FDOT can not supplement funds

• Earmark funding only available for two years (source no longer available)

Intergovernmental AgreementFunds to Complete Matanzas Woods Parkway Multi-use Path

• Request Palm Coast Land, LLC developer of Palm Coast Park to fund $150,000 to complete trail

• Palm Coast Park CDD agrees to provide funding in lieu of Palm Coast Park CDD or PC Land funding traffic signal at Matanzas Woods Parkway and US-1. Signal light is not a condition of DRI-Development Order, capital improvement project for CDD that benefit Palm Coast Park CDD

• Funds contributed in separate account

• City will reimburse/transfer funds to Flagler County with submittal of invoices/expenditures for construction of path

• Balance of funds may be used for benches and other amenities along trail

NEXT STEPS

• Schedule IA for City Council Business Meeting