1. Community Development Department COBBLESTONE VILLAGE FIRST AMENDED AND RESTATED MASTER PLANNED DEVELOPMENT AGREEMENT Application #2241

2. Community Development Department LOCATION/AERIAL MAP WalMart Golden Corral Belk’s Cypress Edge Drive

3. Community Development Department FUTURE LAND USE MAP Mixed Use

4. Community Development Department ZONING MAP Master Planned District

5. Community Development Department DEVELOPMENT AGREEMENT: RESTATED SECTION 4. PERMITTED USES: * Add: Medical/Professional Office * Fast food drive-thru type restaurant: Use entitlement eliminated should development of a medical building and hotel occur prior to development of a fast food drive-thru restaurant. In the event a fast food drive- thru restaurant is developed prior to a hotel, the potential hotel use entitlement shall be eliminated. SECTION 7. DEVELOPMENT STANDARDS : * (4) Site Development Standards: (b) Impervious Surface Ratio (ISR) - A portion of the off-site detention area can be credited to the Subject Property for purposes of calculating the ISR and FAR as outlined in section 03.05.03 of the LDC. Any one site may exceed the established ISR, but the overall ISR for the development of the Subject Property upon completion shall be 0.70. * (14) Parking: - Phases of the Development may exceed 110% of the maximum parking permitted to support an individual use, however, the final total number of parking spaces for the overall Development shall not exceed 110% of the total number of parking spaces required for the combined land uses. SECTION 9. FACILITY COMMITMENTS * (1) Construction of on-site improvements will occur in phases with development and building construction on each individual lot. The balance of the Subject Property will be cleared, rough graded, stabilized and maintained by the Owner pending development. EXHIBIT “B” Conceptual Development Plan - Conceptual development plan amended to illustrate Medical/Office uses.

6. Community Development Department CONCEPTUAL MASTER DEVELOPMENT PLAN Current Revised

7. Community Development Department STRATEGIC PLAN VISION Goal 3 Expand The Local Economy

8. Community Development Department Hotel Setback Palm Coast Parkway Cypress Edge Drive Proposed Hotel Location Distance From: Palm Coast Parkway – 730 ft. Cypress Edge Drive – 560 ft. Single Family Residential - 1,100 ft.

9. Community Development Department RECOMMENDATION 31. Planning and Land Development Regulation Board recommend to City Council approval of Application 2241 amending the Cobblestone Village MPD Development Agreement as restated and illustrated.