Laserfiche WebLink
4. Flasher convertible traffic signal at 33`d Street and 58`h Avenue. <br />5. Flasher convertible traffic signal at 43`d Avenue and Project Entrance. <br />Items #1, #2, #3 and #5 shall be the total responsibility of the Developer without impact fee <br />credit from the County. The cost of item 4 shall be shared between the Developer (25%) and the <br />County (75%). The Developer share shall not be eligible for impact fee credit. If the <br />improvements to 26`h Street (as described in this agreement) are under construction or scheduled <br />to begin construction within ninety (90) days, Developer may escrow the funds necessary to <br />construct items #1 and #2 and complete said improvements as outlined in the 26`h Street <br />construction schedule. <br />C. Off -Site Intersection Improvements: <br />1. Developer agrees to plan, survey, design, permit, and construct the <br />intersection improvements specified on Exhibit "A", attached to this Agreement and <br />incorporated by reference herein, to Florida DOT Green Book and Indian River County <br />standards ("Intersection Improvements") on or before the date specified on Exhibit "A". <br />(a) These improvements shall be completed and accepted by the <br />County on or before the date specified or event specified on Exhibit "A" hereto, provided that <br />the County shall review and approve submitted plans in a timely manner. The County agrees to <br />review and approve or respond with specific requests for additional information within thirty <br />(30) days of submission. Failure to reply in the stated time frame shall extend the completion <br />deadline at the rate of one certificate of occupancy for each week that the County fails to respond <br />to or approve submitted plans. <br />(b) The County shall negotiate with its Consultant for thirty percent <br />(30%) design, engineering and right-of-way maps for 26`h Street from 43`d Avenue to 58`h <br />Avenue. The design of the roadway shall improve the existing road from its current two lanes to <br />four lanes and the tum lanes at each entrance to the Development from 26'h Street as required by <br />the approved traffic impact analysis. The design shall also include sidewalks along 26`h Street <br />and 43`d Avenue as designated by the County. Upon completion and approval of the thirty <br />percent (30%) design, Developer will be responsible for complete design and engineering, and <br />for construction of the improvements to 26`h Street between 43'd Avenue and 581h Avenue. The <br />Developer shall submit fully engineered plans to the County for review and approval. If the <br />parties cannot reasonably agree on the plan and design of 26`h Street, then Developer can opt out <br />of this requirement of the agreement by paying the Development's required impact fees. Upon <br />approval, the Developer shall be responsible for the following: <br />(i) Solicit public bids for the construction project. <br />(ii) Obtain all permits and approvals needed for the Project. <br />2 <br />