Title
MOTION TO ACCEPT A RECIPROCAL CROSS ACCESS EASEMENT AGREEMENT WITH ALMC REAL ESTATE, LLC.
Summary Explanation and Background
SUMMARY EXPLANATION AND BACKGROUND:
1. On January 30, 2019, the City of Pembroke Pines (City) entered into an agreement to sell +/-3 acres of land within the City Center development to Providence One investments LLC (Providence Living) also known as ALMC Real Estate LLC.
2. Providence Living received site plan approval from the City Commission on April 15, 2020 for the development of an Assisted Living Facility.
3. As part of the approved site plan, Providence Living developed an access from their parcel to City Center Boulevard on the northwest corner of the site.
4. The access is to be shared between Providence Living and the adjacent parcel, currently owned by the City of Pembroke Pines under contract with Terra.
5. The reciprocal cross access easement agreement will provide ingress and egress into both parcels as well as provide a process for maintenance or repairs.
6. The reciprocal cross access easement agreement conveys, a perpetual non-exclusive right, privilege and easement over, across and upon the paved driveways, roadways and walkways to both parties.
7. A developers agreement between the City and Providence Living is being heard concurrently on this agenda.
8. Administration recommends accepting the reciprocal cross access easement agreement.
Financial Impact
FINANCIAL IMPACT DETAIL:
a) Initial Cost: None
b) Amount budgeted for this item in Account No: Not Applicable
c) Source of funding for difference, if not fully budgeted: Not Applicable
d) 5 year projection of the operational cost of the project: Nota Applicable
e) Detail of additional staff requirements: Not Applicable
FEASIBILITY REVIEW:
A feasibility review is required for the award, renewal and/or expiration of all function sourcing contracts. This analysis is to determine the financial effectiveness of function sourcing services.
a) Was a Feasibility Review/Cost Analysis of Out-Sourcing vs. In-House Labor Conducted for this service? Not Applicable
b) If Yes, what is the total cost or total savings of utilizing Out-Sourcing vs. In-House Labor for this service? N/A