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Comprehensive Plan Capital Improvements Element <br />bond. That bond has now nearly completely been expended. The remaining land acquisition bond <br />funds are designated for improvements within the acquired conservation lands. <br />• Priority Transportation Capital Improvements Program (Appendix B) <br />The Priority Transportation Capital Improvements Program (Appendix B) is a list of transportation <br />projects for which a specific start date and a specific completion date are listed. As allowed by state <br />law, the County considers the additional capacity which these roadway improvement projects will <br />produce as available now for development projects where the first building permit for the <br />development project will be issued no later than three years after the specified start date of the <br />roadway project. <br />Within the Priority Transportation Capital Improvements Program four projects have been removed <br />because they are currently under construction or are now completed Those projects are: CR 512, <br />from Roseland Road to Sebastian Middle School; Oslo Road, from Old Dixie to 27th Avenue; SR 60 <br />from 82nd Avenue to 66th Avenue; and US Highway 1, from South of Oslo Road to South of Indian <br />River Boulevard. In addition, the construction start dates of seven projects were extended. <br />Five of the seven projects and their available peak hour, directional trip capacity are listed in Table <br />6.11. These projects are being delayed. All of the transportation projects listed in the table have <br />sufficient available peak hour, directional trip capacity to accommodate already approved <br />developments. Altering the start date of construction, therefore, does not impact already approved <br />developments. <br />Not listed in Table 6.11 are the Oslo Road from 27th Avenue to 43`d Avenue project, and the Oslo <br />Road from 43`d Avenue to 5811 Avenue project. Both of these projects are being delayed <br />approximately 6 to 8 months. While Oslo Road from 2711 Avenue to 43rd Avenue is scheduled to <br />commence in June 2009, Oslo Road from 43`d Avenue to 58t'' Avenue is scheduled to commence in <br />April 2009. Because the delay of the projects is less than one year, neither delay will impact capacity <br />within the County's concurrency management system. <br />Community Development Department Indian River County <br />Supplement #13; Adopted November 18, 2008, Ordinance 2008-018 <br />35 <br />