A request for the City Manager to enter into an agreement with E2L Real Estate Solutions, LLC to cooperate in the assembly of properties and subsequent development of a Veterans Outpatient Facility.

The former Community Hospital site is under consideration by the Veterans Administration to locate a veterans outpatient facility. Via a competitive process, the VA anticipates issuing a Solicitation for Offer (SFO). Since New Port Richey is within the delineated area identified by the VA, staff has been working with an interested developer, E2L Real Estate Solutions, LLC. The firm has extensive experience in such projects and is interested in constructing the desired VA facility on the former Community Hospital site. In further preparation, staff wishes to enter into an agreement with E2L Real Estate Solutions, LLC as a joint effort to bring this modern facility to our community of veterans in the Tampa Bay Region.

Terms of the agreement would be as follows:

• For the purpose of maintaining the continuity of land required to construct a Federal facility, a portion of Marine Parkway, approximately .82 acres will be sold to E2L Real Estate Solutions, LLC.
• Contingent upon receiving the VA award, a parcel known as the Huber Property will be acquired by the city and sold to E2L Real Estate Solutions, LLC. 
• E2L Real Estate Solutions, LLC. is to enter in an agreement to purchase or lease the HCA held property.
• The entire agreement shall be conditioned upon E2L Real Estate Solutions, LLC. being awarded the SFO.
• City shall endeavor to provide for vacation or relocation of City and County rights-of-way or easements for roads or utility relocations and installations within the project area. The costs and expenses incurred by the city shall be paid to the City by E2L Real Estate Solutions, LLC.
• E2L Real Estate Solutions, LLC. shall provide an ALTA survey and traffic impact study of the project area.
• City shall process the property for the appropriate land use and zoning for the SFO award, including a Planned Unit Development (PUD) overlay zone.
• City may pursue the use of tax credits or other federal or state grants to support the project, which E2L Real Estate Solutions shall support by acknowledging that any proceeds received will be exclusively retained by the city to apply to costs and expenses incurred.
• E2L Real Estate Solutions, LLC shall pay any real estate commissions and shall indemnify and hold the city harmless.
• E2L Real Estate Solutions, LLC shall be the exclusive developer for the project, so long as the agreement is in full force.
• E2L Real Estate Solutions, LLC shall be solely responsible for all costs and expenses for design, planning, and construction of the project through final completion.