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CASSELBERRY CITY COMMISSION Minutes of May 11, 2015 —Regular Meeting Page 8 of 14 G. City Center Property Development Report City Manager Randy Newlon reported that planning and engineering continued to go forward on the site work at the 15 -acre Lake Concord Park site across fi•om City Hall and he expected to receive more information later in the week regarding revised cost estimates. He added that the City's commercial developer, Casto, was seeking to place the outparcel in front of Target with a Panda Express restaurant, and that Panda Express had presented its preliminary site plan to the City's Development Review Committee in the past week. He stated that purchase of the property could potentially take place within the next sixty days. 9. RESOLUTIONS A. Resolution 15-2733 — SR 436/Red Bug Lake Road Small Area Study The City Clerk read Resolution 15-2733 by title as follows: "A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF CASSELBERRY, FLORIDA TO ACCEPT THE STATE ROAD 436/RED BUG LAKE ROAD SMALL AREA STUDY CONDUCTED BY LASSITER TRANSPORTATION GROUP, INC.; PROVIDING FOR CONFLICTS, SEVERABILITY AND EFFECTIVE DATE." Staff Presentation: Community Development Director Sandra Smith introduced Mr. Matt West of Lassiter Transportation Group, Inc., the engineering and planning firm which conducted the SR 436/Red Bug Lake Road Small Area Study that had been funded through a grant from the Florida Department of Economic Opportunity. Mr. West then gave a presentation detailing the study process and results, including an existing conditions report, public involvement stakeholder coordination report, and a proposed implementation plan which contained the following components: • Recommended changes to City's Comprehensive Plan and Land Development Regulations • Recommended Conditions Case Study • Mobility Plan Recommendations • Access Management/Traffic Operations Recormnendations Discussion: Discussion ensued regarding possibilities for development in the area; Code changes necessary to facilitate development; mobility, transportation and access issues; architectural standards; and advertising issues. Budget Impact: There is no impact to the City Budget. Recommendation: The City Manager and the Community Development Director recommended approval of Resolution 15-2733 accepting the SR 436/Red Bug Lake Road Small Area Study.