On December 12, 2018, the Mayor and City Commission adopted Resolution No. 2018-30648, approving the vacation of 6th Street, a 50 feet City owned right-of-way (ROW), west of Alton Road and east of West Avenue in favor of abutting property owners, South Beach Heights I, LLC, 500 Alton Road Ventures, LLC, and 1220 Sixth, LLC (collectively, the "Applicants").
On December 12, 2018, the Mayor and City Commission consecutively adopted Resolution No. 2018-30647, approving a 6th Street ROW vacation Development Agreement, between the City and South Beach Heights I, LLC, 500 Alton Road Ventures, LLC, 1220 Sixth, LLC, and KGM Equities, LLC (collectively, the "Developers"), detailing the obligations of both parties as well as standards and conditions of the vacation.
Among the Development Agreement's conditions, the Developers agreed to:
(1) Grant the City a 50 feet-wide perpetual non-revocable utility, roadway and pedestrian access easements across the vacated 6th Street ROW; and
(2) Convey to the City, in fee simple, a minimum of 3.0 acres within the 5th - 7th Street blocks, between West Avenue and Alton Road for a world class public municipal park, to be designed and constructed at the Developers' expense (the Park Project);
The Developers own the property to the south of, north of, and adjacent to, the 6th Street ROW. The Developers intend to use the property as a mixed-use residential and commercial development.
The public municipal park, once constructed, is to be owned and maintained by the City. The park improvements extend into the Florida Department of Transportation's (FDOT) jurisdiction along State Road 907, also known as Alton Road.
In order for FDOT to approve the issuance of the construction and installation permits for the Park Project, FDOT is requesting that the City be responsible for the maintenance of the improvements via a Maintenance Memorandum of Agreement (MMOA), attached as Exhibit "A.