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HomeMy Public PortalAboutMOU Mirage Avenue Traffic ImprovementsMEMORANDUM OF UNDERSTANDING Subject: Mirage Avenue Traffic Improvements June 13, 2023 The Waters at Crestview City of Crestview & The Waters at Crestview, LLC Based upon the Waters at Crestview/City of Crestview Public Services comments dated May 15, 2023, this Memorandum of Understanding in reference to the Mirage Avenue Traffic Improvements has been provided with the following acknowledgements: Whereas, the Operational Analysis dated April 10, 2023, indicates that traffic flow improvements and mitigation are not needed to facilitate the additional traffic projected from The Waters at Crestview. According to the traffic analysis performed by Dantin Consulting, LLC dated April 10, 2023, The Waters at Crestview, LLC agrees to provide the City of Crestview with a traffic contribution in the amount of $69,200. Upon receipt of said contribution, the City of Crestview agrees to issue any necessary Certificates of Occupancy. City of Crestview The Waters at Crestview, LLC B Whitten, Mayor Ma annk S hrader, City Clerk Digitally signed by Prescott Bailey DN: C=US, Prescott Bailey E=pbailey©stoagroup.com,0="Stow Group, LLC", CN=Prescott Bailey Date: 2023.06.13 12:46:39-05'00' By: Prescott Bailey, Director of Development 000.614.4 •�. of cRFs%. r' �s 1 ar 4604696-1 DAILY TRIP GENERATION ANALYSIS llth Edition Trip Generation Manual, with 3rd Edition ITE Handbook (Gen. Urban/Suburban) Proiect Name: Waters at Crestview, Crestview, FL Land Use / ITE Code Indep. Units/ Daily Peak Hour Daly Ente DailyExir Daily Daily Daily Internal CaotureTrip External Tr Pass -by Variable Size Trip Rate/Equation Split Split Trips Enter Exit Total Enter Exit Total Enter Exit Office General Office/710 Subtotal Office Retail / Commercial Subtotal Commercial / Retail Restaurant Subtotal Restaurant Residential Muth -family Housing /220 (Low -Rise Close to rail -transit. Gen Urban/Sub.. Subtotal Residential Enterta lnment/Cl nema Subtotal Commercial / Retail Hotel 1000 SF 18 000 Ln T .0.87Ln X +3.05 50% 50% 262 131 I 131 27 24 3 18,000 262 J 131 131 27 • 24 3 0 0 0 0 0 0 0 0 0 0 0 0 235 107 235 107 0 176 Pass-byTr)7s Net New Extema Trips Total ' Enter Exit Total Enter Exit 235 107 128 128 0 0 0 235 _ 107 128 0 0 0 I 0 0 0 0 0 0 0 0 0 0 0 DU 288 T=6.1300-550.73 50% 50% 1.215 607 608 27 3 24 1.188 604 564 n % 0 0 0 1.188 604 584 0 _ _ _ 1,215 607 608 27 3 24 _ 1.188 604 584 0 0 0 1,188 604 584 0 Subtotal Hotel 0 TOTAL *Apply PM Peak Hour Internal Capture % and Same Mode Split to Daily n 0 0 0 0 0 0 0 0 0 0 0 0 0 27 apture %: 0 Overal Pass -by %: 0 Net New Trips (Less Mode Split): 1,423 711 712 Total Person Trips ft 1.18 veh. Occupancy (Multi -family only): 1636 819 817 4% 66 33 33 2% 32 16 16 Mode Splk Trips: I 98 49 49 Convert to Auto Trips (Reduction):I 84 42 42 Use for Traffic Impact Fees: 1 Net Automobile Trii s: 1.339 669 670 1