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Comprehensive Plan Capital Improvements Element <br />2. A development order or permit is issued subject to the condition that, at the time of the <br />issuance of a certificate of occupancy or its functional equivalent, the acreage for the <br />necessary facilities and services to serve the new development is dedicated or acquired <br />by the local government, or funds in the amount of the developer's fair share are <br />committed; and <br />a. A development order or permit is issued subject to a condition that the <br />necessary facilities and services needed to serve the new development are <br />in place or under actual construction not more than one year after issuance of a <br />certificate of occupancy or its functional equivalent; or <br />b. At the time the development order or permit is issued, the necessary facilities <br />and services are the subject of a binding executed agreement which requires the <br />necessary facilities and services to serve the new development to be in place or <br />under actual construction not more than one year after issuance of a certificate <br />of occupancy or its functional equivalent; or <br />c. At the time the development order or permit is issued, the necessary facilities <br />and services are guaranteed in an enforceable development agreement, pursuant <br />to Section 163.3220, F S., or an agreement or development order issued <br />pursuant to Chapter 380, F.S., to be in place or under actual construction not <br />more than one year after issuance of a certificate of occupancy or its functional <br />equivalent. [Section 163.3180(2)(b), F.S.] <br />➢ Transportation supply (capacity): Transportation supply shall be determined on a segment by <br />segment basis. For concurrency purposes, all segments on the county's thoroughfare plan shall <br />be considered. Capacity for segments will be based either on FDOT's generalized capacity <br />tables or individual segment capacity studies approved by the public works director pursuant <br />to the criteria specified in Chapter 952, Traffic. Transportation supply for each segment is: <br />1. The segment's existing peak hour, peak season, peak direction capacity; or <br />2. The segment's new roadway capacity if facility expansion for the segment is proposed and <br />if. <br />a. At the time a development order or permit is issued, the necessary facilities and <br />services are in place or under construction; or <br />b. A development order or permit is issued subject to a condition that the <br />facility expansion needed to serve the new development is included in the <br />county's adopted five-year schedule of capital improvements and is scheduled <br />Community Development Department Indian River County <br />Supplement #1.3; Adopted November 18, 2008, Ordinance 2008-018 <br />51 <br />